TCM1000614 | How to calculate the daily rate of UY income, as displayed in Application Correction

From HM Revenue & Customs · Tax Credits Manual

Step 1

On the ‘Function Menu’

select ‘Application’ on the toolbar
select ‘Correction’. You will be taken to the ‘Key Entry Data – Applicant’ screen
enter the customers NINO
select the ‘Latest’ checkbox
select ‘OK’.

If you are taken to the ‘Select Application’ screen

select the relevant claim
select ‘OK’. You will be taken to the ‘Applicant Details’ screen
go to Step 2.

If you are taken to the ‘Select Application Version’ screen

select the relevant claim
select ‘OK’. You will be taken to the ‘Applicant Details’ screen
go to Step 2.

Step 2

Note: If you are dealing with a joint claim, you must repeat this step for applicant 2 by selecting ‘Inc2’.

Note: If there are RTI figures available, these will have been input already onto the tax credits system with a status if ‘R’. If these figures are then replaced by new figures, the status will automatically revert to ‘A’.

Note: Any blank boxes can be disregarded.

select ‘Inc1’ on the options available. You will be taken to the ‘Income – Applicant 1 – Sterling’ screen
select ‘OK’ on the message ‘UC Start Date associated with this claim, income for UY cannot be entered or amended in this function’ that appears
go to Step 3.

Step 3

Using the income figures required

divide each figure by the number of days in UY
this will be the daily rate of income.

Note: This step needs to be repeated if you are dealing with a joint claim.