Tier 1 General Extension - Job + Self employment

[anu10]

Hi members,

My Tier 1 extension is due in September. My earnings are made up from both full time employment salary + self employment income. I am looking for your guidance/clarifications in few issues.

1. How my self employment income is calculated (Gross or Net)
2. If Net, should Tax be subtracted?
3. What is the current savings threshold for Main applicant + dependant
4. Can I use same day service at Glasgow PEO?

Thanks in advance.

Anu

[rpsarangi]

Hi anu .. Are u sole trader or have a limited company ?
For sole trader :
1. Net profit will be considered by the case worker.
2. Tax is paid from net which is not considered now.
3. Yes you could certainly use the Glasgow PEO.

Good luck.

[anu10]

Thanks rpsarangi.

Yes I am a sole trader.

Could someone also confirm the savings amount. Both of us are here in UK for more than 12 months. I assume 3 months savings should be £1600. I need some assurance as this cannot be rectified at last minute.

I have also read stories about Glasgow peo not being able to process someday applications.

Some light on these issues much appreciated.

Anu

[gprabhu]

Hi Anu,

I am in exactly same situation as you.
I am in Glasgow, extension due in September, Full employment + self emploment(sole trader). I have similar questions and arrangements like you. My email id is ganionline4u@gmail.com.
I am wondering if we can both sort it out together and in case need any solicitor advice, we can go for it in Glasgow. Please email me to the above id.

Thanks

[glasgowguy]

hi anu,

i am also employed + self employed based planning to apply for extension by Dec 12.

my mail is try_us_42@yahoo.com

i am gettin in touch with gprabhu as well..

v all can mail n disuss on the same ..
thanks..

[fmaher]

Guys, Glasgow PEO cannot verify proof of earning for contractors and sole traders. I just called two times and they confirmed that. I am going to cancel my in-person appointment and post my documents soon.

[rpsarangi]

How to contact them to ask whether they can verify the earning for sole trader. Is there any specific number to call for PEO ??
And which PEO are not deciding on sole trader?

[rpsarangi]

Any body ... please suggest which PEO are not able to confirm the income from self employment .. so that it helps while booking the appointmnet to go for the right one..
thanks all.

[Immanuel 2010]

HI Anu / gprabhu / galsgowguy

I am also in the same situation - Employer Pay + Sole trading --> for extension on any date between 1st - 20th of November 2012.

Still dint get an appointment. Lately I came across an ad in Gumtree
http://www.gumtree.com/p/business-servi ... 9/44429739

&

http://www.thevasolicitors.co.uk/

I have contacted them for fees and other advisory details. However do you guys have any plans to approach solicitors or do you know anyone who can for a genuine fee:
a. Get an appointment with the PEO
b. Verify documents and support

I am planning for Solihull, Croydon and finally sheffield. Heard that Cardiff, Glasgow and liverpool are no good.

Can we all share our preperation details and plan to seek a specific solicitor as a group to obtain maximum benefit.

Cheers
Immanuel

jraj(dot)hsmp(at the rate of)gmail(dot)com

[anu10]

Hi members,

My Tier 1 extension is due in September. My earnings are made up from both full time employment salary + self employment income. I am looking for your guidance/clarifications in few issues.

1. How my self employment income is calculated (Gross or Net)
2. If Net, should Tax be subtracted?
3. What is the current savings threshold for Main applicant + dependant
4. Can I use same day service at Glasgow PEO?

Thanks in advance.

Anu

Guys,

I just had my and my wife's Tier 1 (general) extended and this is my experience.
First of all thanks all for your comments and sharing your experience in this forum. But I have to say that I lost my confidence little bit on this forum trying to find out answer for above 1 & 2 questions. The answers I got really divided. Fortunately I had a friend who was in the same situation and I followed his instructions and it proved to be correct.

So for the self employment (sole trader) it is net earnings;
Net earnings = Gross Income- Expenses.

I had following documents
copies of invoices/Accountant letter/Invoice summary and Income and expenditure accounts/welcome letter from hmrc.

I wanted to do it in person. However I could not get an appointment through lottery like on-line appointment system (every time I tried it was technical fault or no appointments). But managed to get an appointment at
Sheffield PEO through a solicitor at last minute( expensive). I emailed him the electronically filled apps and covering letter.

On the day; I went there (with my wife), met the solicitor and completed the agent/solicitor section in our applications (around 10 am). He also briefly checked the documents. Then the applications were handed over by the solicitor (10.30 am). Then...payment was taken(11 am), biometrics was given (1 pm). Then we went out for lunch and came back around 2 pm. Waited around 2 hours only to find out our passports and approval letters were lying behind the counter (phew). No interviews or anything. Happy ending....

[rpsarangi]

Congrats on your success
When was the appointment date??
I have PEO next month ..
But to be a little safe I am trying to claim income on net after outgoing and tax ..referring to the discussions in forum and point 93. In the PDF guidance .. But good to hear about your success..