self employement documents?

[coolgus029]

hi, i am in uk psw visa.
i would like apply for tier 1 visa in October
my earnings are from combination of employed and self employed.

for employment am showing all 12 months bank statement
and 12 months pay slips.

for self employment am showing

UTR letter from HMRC
employers liability insurance
personal bank statement
invoices raised by me
accountant letter confirming that net income from self employment

is that enough documents to provide to home office
can any one help me to collect documents

thanx

[razian97]

hi, i am in uk psw visa.
i would like apply for tier 1 visa in October
my earnings are from combination of employed and self employed.

for employment am showing all 12 months bank statement
and 12 months pay slips.

for self employment am showing

UTR letter from HMRC
employers liability insurance
personal bank statement
invoices raised by me
accountant letter confirming that net income from self employment

is that enough documents to provide to home office
can any one help me to collect documents

thanx

for self employment,
your all invoices should match with your bank statement transactions
one of my friend visa has been refused due to some invoices.so be careful
for employment
your all pay slips should match with your all bank statements
you should provide job letter from your employer
£800 maintenance funds for consecutive three months in your personnel bank account
one of my friend visa has been refused because he didn't provide employment letter from his employer

thanks

[coolgus029]

@ razian97 thanx for the reply

i am having all sufficient documents to meet the requirements
but i am bit confused about the proof of self employed earnings
i am using personal bank Account am not having business account
and as i resister after april 2010 i cant show tax returns
am having only
1) HMRC utr letter
2) Employers liability insurance from the sec 142 guidence note..

thanx

[rizwan567]

Your documents are fine. Personal bank account can be used by sole traders.

[razian97]

@ razian97 thanx for the reply

i am having all sufficient documents to meet the requirements
but i am bit confused about the proof of self employed earnings
i am using personal bank Account am not having business account
and as i resister after april 2010 i cant show tax returns
am having only
1) HMRC utr letter
2) Employers liability insurance from the sec 142 guidence note..

thanx

it doesn't matter if you don't have business account.
personal bank account can be used..your invoices are proof of self employment.rest of all the documents you have are fine .
go ahead and best of luck

[feriel]

Hi Both,

Please could you let me know if the required earning for PBS is before the Tax or after.

I am getting paid £38k from my employer + £ 20k as self employed before Tax.

Thank you very much for your help

[aruni4470]

Hi Both,

Please could you let me know if the required earning for PBS is before the Tax or after.

I am getting paid £38k from my employer + £ 20k as self employed before Tax.

Thank you very much for your help

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. If the applicant earned the money in a country with no tax system, we will consider his/her total earnings for the period.
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. We will only consider profits made during the 12-month earnings period for which the applicant is claiming.

http://bia.homeoffice.gov.uk/siteconten ... idance.pdf

[Sushil-ACCA]

Accounts - Profitl & Loss , and Balance sheet missing

[feriel]

Hi Both,

Please could you let me know if the required earning for PBS is before the Tax or after.

I am getting paid £38k from my employer + £ 20k as self employed before Tax.

Thank you very much for your help

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. If the applicant earned the money in a country with no tax system, we will consider his/her total earnings for the period.
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. We will only consider profits made during the 12-month earnings period for which the applicant is claiming.

http://bia.homeoffice.gov.uk/siteconten ... idance.pdf

Thank you very much aruni.
My freelance will have only 7 months of shelf life when I will apply to switch from PSW to Tier 1 General next year on April.
Does this will be acceptable or I need 1 year for my freelance?

Thanks again

[aruni4470]

Earnings doesn't have to be for full year if you qualify with less than that.

105. An applicant may claim for a period of earnings of less than 12 months if they have earned sufficient funds to claim the necessary points.

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