hi, the business earning in oversea is considered as self employee i believe, I am getting 40000GBP per year from overseas business, my questions are:- 1) how to make the 40000 GBP taxable, how to tell UK governement this what i have earned and i will need to pay tax? 2) what prove i need to show (...

Thanks much Sushil-ACCA!

all most all have business income Hi Sushil-ACCA ! I think i have not fully understood what you mean by business income (i hope you were referring to the freelance income i mentioned in my earlier post)...can you kindly elaborate more on this please.... same So, does it mean I can also show the fre...

Sushil-ACCA wrote:all most all have business income

Hi Sushil-ACCA!

I think i have not fully understood what you mean by business income (i hope you were referring to the freelance income i mentioned in my earlier post)...can you kindly elaborate more on this please....

The above sum comes out to be 55... which says balance of 20 Points which can be gained if your salary is greater than 35,000 GBP for last 12 months at the time of applying for extension. Thanks npanglia ! Much appreciated!! So, I understand that I should be earning 35,000 GB in 12 months to be eli...

Did I post this in a wrong category? Guys I really need some advice.

I am 28 years now and would be 30 or 31 at the time of applying for tier 1 extension.

I hold a bachelors degree from India.

Dear All, I am from India and thought this forum would help me get clarification on the Tier 1 Extension earning rule i.e. Is it necessary to earn GBP 50000 in past 12 months to get eligible for tier 1 extension for next 3 years? And, if yes, is it possible to earn GBP 50000 pa for a 5 yr experience...