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You need to have two proof of evidence out of seven mentioned in the guidance notes. Ensure you provide them else there might be a problem for you. The easiest one to get in addition to HMRC letter is the employer's liability insurance.aahma wrote:Hi All,
I had a little question and I would appreciate if any successful self-employed candidate could answer it. I have been working as Self-employed from September 2010 to December 2010 to compensate my difference in required earnings (PBS criteria), when I spoke to an accountant in order to do my Tax-returns he informed that he could not do so before April 2011(I plan to apply in March). All he can do is write a letter as my managing agent/accountant stating my income and what tax i am liable to pay and that he will be doing my returns when the time comes.
So basically I wanted to know if this letter from the accountant and NI payment proof is enough(along with bank statements) as a proof of earnings or is there something else I should provide? I will really really appreciate any feedback and guidance. Cheers,
blue.olive wrote:You need to have two proof of evidence out of seven mentioned in the guidance notes. Ensure you provide them else there might be a problem for you. The easiest one to get in addition to HMRC letter is the employer's liability insurance.aahma wrote:Hi All,
I had a little question and I would appreciate if any successful self-employed candidate could answer it. I have been working as Self-employed from September 2010 to December 2010 to compensate my difference in required earnings (PBS criteria), when I spoke to an accountant in order to do my Tax-returns he informed that he could not do so before April 2011(I plan to apply in March). All he can do is write a letter as my managing agent/accountant stating my income and what tax i am liable to pay and that he will be doing my returns when the time comes.
So basically I wanted to know if this letter from the accountant and NI payment proof is enough(along with bank statements) as a proof of earnings or is there something else I should provide? I will really really appreciate any feedback and guidance. Cheers,
The guidance notes have changed and they don't specify the seven types of evidence any more. See paragraphs 138, 140, 141 for the new requirements. And others please add to these if I've missed any relevant sections.blue.olive wrote:You need to have two proof of evidence out of seven mentioned in the guidance notes. Ensure you provide them else there might be a problem for you. The easiest one to get in addition to HMRC letter is the employer's liability insurance.
So after reading the guidance notes, I think the three most important supporting evidence (self-employed) should be :goldfish wrote:The guidance notes have changed and they don't specify the seven types of evidence any more. See paragraphs 138, 140, 141 for the new requirements. And others please add to these if I've missed any relevant sections.blue.olive wrote:You need to have two proof of evidence out of seven mentioned in the guidance notes. Ensure you provide them else there might be a problem for you. The easiest one to get in addition to HMRC letter is the employer's liability insurance.
I thought earning the points from self-employed, the business needs to be 2years trading history. isn't that correct?aahma wrote:Hi All,
I had a little question and I would appreciate if any successful self-employed candidate could answer it. I have been working as Self-employed from September 2010 to December 2010 to compensate my difference in required earnings (PBS criteria), when I spoke to an accountant in order to do my Tax-returns he informed that he could not do so before April 2011(I plan to apply in March). All he can do is write a letter as my managing agent/accountant stating my income and what tax i am liable to pay and that he will be doing my returns when the time comes.
So basically I wanted to know if this letter from the accountant and NI payment proof is enough(along with bank statements) as a proof of earnings or is there something else I should provide? I will really really appreciate any feedback and guidance. Cheers,
No, of course not....who told you that? you can just work for a month here and there if you've registered yourself as being a self-employed sole trader with the HMRC. All you would need to be doing is to pay your NIC for the time that you were either working or actively seeking work as self-employed.time2866 wrote:I thought earning the points from self-employed, the business needs to be 2years trading history. isn't that correct?aahma wrote:Hi All,
I had a little question and I would appreciate if any successful self-employed candidate could answer it. I have been working as Self-employed from September 2010 to December 2010 to compensate my difference in required earnings (PBS criteria), when I spoke to an accountant in order to do my Tax-returns he informed that he could not do so before April 2011(I plan to apply in March). All he can do is write a letter as my managing agent/accountant stating my income and what tax i am liable to pay and that he will be doing my returns when the time comes.
So basically I wanted to know if this letter from the accountant and NI payment proof is enough(along with bank statements) as a proof of earnings or is there something else I should provide? I will really really appreciate any feedback and guidance. Cheers,
Thanks
Rizwan, could you please refer me to where it says so? I thought this was required only for letters or such; e.g. "letter from employer" or an accountant letter?rizwan567 wrote:You would need copies of invoices issued against all the payments credited into yoru bank account.
The invoice should have contact details of your clients.