ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

part time income proof

Archived UK Tier 1 (General) points system forum. This route no longer exists.

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2, Administrator

Locked
amritpatel
Newly Registered
Posts: 4
Joined: Wed Sep 15, 2010 10:15 am

part time income proof

Post by amritpatel » Mon Sep 20, 2010 10:49 am

dear experts,

am applying for tier1..am an sap professional working for an mnc as a salaried employee...my gross earnings are not sufficient to show the points..i have been taking classes for students since am a certified professional but not through any institute..there have been credits in my bank a/c from many of the students since last one year..how do i show this income as earning?

regards,
amrit

*FC*
Member of Standing
Posts: 288
Joined: Mon Aug 13, 2007 9:59 pm

Re: part time income proof

Post by *FC* » Mon Sep 20, 2010 10:56 am

amritpatel wrote:dear experts,

am applying for tier1..am an sap professional working for an mnc as a salaried employee...my gross earnings are not sufficient to show the points..i have been taking classes for students since am a certified professional but not through any institute..there have been credits in my bank a/c from many of the students since last one year..how do i show this income as earning?

regards,
amrit
Have you been paying tax on this income through SAP training? Otherwise where is the second evidence for this income?

amritpatel
Newly Registered
Posts: 4
Joined: Wed Sep 15, 2010 10:15 am

part time income proof

Post by amritpatel » Mon Sep 20, 2010 10:58 am

nope..i havent been paying any tax for this income..its like every month i get deposited amounts varying from 10k INR to 20k INR..but i get these students from an institute which acts as a third party..

*FC*
Member of Standing
Posts: 288
Joined: Mon Aug 13, 2007 9:59 pm

Re: part time income proof

Post by *FC* » Mon Sep 20, 2010 12:17 pm

amritpatel wrote:nope..i havent been paying any tax for this income..its like every month i get deposited amounts varying from 10k INR to 20k INR..but i get these students from an institute which acts as a third party..
Not only will your application be refused, but there are chances that they might reject it in future. It might be considered as a breach of income tax.

My two cents ... lets see what the others might say.

amritpatel
Newly Registered
Posts: 4
Joined: Wed Sep 15, 2010 10:15 am

part time income proof

Post by amritpatel » Mon Sep 20, 2010 12:20 pm

thanks for the update..but i started earning these after the fiscal year 2009-2010..i mean after paying tax by march 2010..i started earning after march...this i have to submit in my tax statement for the coming year..do i have to get an chartered accountant statement for this?

regards
amrit

*FC*
Member of Standing
Posts: 288
Joined: Mon Aug 13, 2007 9:59 pm

Re: part time income proof

Post by *FC* » Mon Sep 20, 2010 12:44 pm

amritpatel wrote:thanks for the update..but i started earning these after the fiscal year 2009-2010..i mean after paying tax by march 2010..i started earning after march...this i have to submit in my tax statement for the coming year..do i have to get an chartered accountant statement for this?

regards
amrit
You need to show two pieces of evidence for this amount. You will show the bank statements as one piece of evidence. But I am not sure if the Chartered accountant letter needs to show the Gross and Net along with Tax paid.

Would like to hear from Senior posters though...

visatier1
Newly Registered
Posts: 22
Joined: Mon Sep 06, 2010 12:02 pm

Post by visatier1 » Tue Sep 21, 2010 9:10 am

u should be register your self as self-employed or else any business ....
you need to show
proof of register as business or self employeed
proof of tax
accountant letter
bank statement

tier1_aspirant123
Member
Posts: 148
Joined: Tue May 18, 2010 7:41 pm
Location: london

Post by tier1_aspirant123 » Tue Sep 21, 2010 11:22 pm

i am assuming you are in india for self employment these are some of the documents that you have to provide:

-> Self-employed applicants only - letter from the applicant’s accountant (confirming that the applicant received the exact amount he/she is claiming, or the net profit to which he/she is entitled).
->Business bank statements showing the payments made to the applicant. (this could be normal savings account as well)
->Invoice explanations or payment summaries from the applicant’s accountant.
->Where an applicant is submitting a combination of bank statements and a letter/invoice summary from their accountant, they must also provide copies of any invoices generating during the period for which earnings are being claimed.

accountants letter is mandatory and in your case you will need to produce invoices as well

I would suggest reading the Policy document carefully all these things are mentioned in that.
Tier1 Aspirant

Locked