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