Stopping Tax credits - In Year Finalisation - change of circs - self employed income changes (info)
The Award Declaration will ask the customer to provide actual self-employed income for UY. If the actual self-employed income is not received, the claim will be finalised and the computer will use the estimated figures, and accept these as the actual income.
Note: For In Year Finalisation there is no option to provide an estimate of self-employed income.
Note: For In Year Finalisation there is no 2SD
Changes can be made up to the IYSD, you must enter any changes to the self-employed income amount in Function Capture In Year S17 Finalisation.
Note: You must take particular care where UY and PY claims are both affected by a reported change. If the PY has been finalised and the claim’s IYSD has passed, you must not make any changes to the PY claim unless estimated income is changed to actual. Follow the guidance in TCM0254220.