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

Clarification of guidance note no 114 and 115

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
sohrabkhan
Newly Registered
Posts: 11
Joined: Mon Apr 28, 2008 10:50 pm

Clarification of guidance note no 114 and 115

Post by sohrabkhan » Sun Oct 24, 2010 8:42 pm

Could someone plz clarify the points about self-employed below:
114. If an applicant is in salaried employment, we will assess the applicant’s gross salary before tax. This includes self-employed applicants who draw a salary from their businesses.

115. If an applicant is self-employed and has chosen to retain the profits within the business, his/her earnings are limited to the share of the business’s net profits to which he/she is entitled.
What's the meaning of self-employed applicants who draw a salary from their businesses? Doesn't all self-employed ppl do that. Could any1 give me an example. And how does it differ from 115?

Thanks.

Locked