1) I earn from websites and the payment goes into my paypal account. The number of transactions in my paypal account are enormous (thousand of pages in 1 year as the transactions are small but many) so I cannot send HO paypal statements and paypal statements are not considered as they are not on official letterhead and they won't stamp them. I have an accountant and can produce account letter + balance sheets etc. What might be another way of proving my income?
Should I print a hundred thousand paypal invoices on plain paper? Do I need to attest these? Would you know any solicitors who would attest these invoices for me. And if I get it attested would that count as the second proof of income.
2) Immigration Rules Appendix A paragraph 15 states:
Whereas the guidance states:Where the earnings are the profits of a business derived through self-employment or other business activities, the earnings that will be assessed are the profits of the business before tax. Where the applicant only has a share of the business, the earnings that will be assessed are the profits of the business before tax to which the applicant is entitled.
Now I am self-employed without a limited company (I just work for myself from home). The above quotes have got me confused as according to the rules total profit before tax is considered whereas according to guidance net profit is considered whereas net profit means "gross minus expenses and taxes".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.
Can someone kindly let me know if my income is considered profit before tax or profit after tax?
Thanks very much.