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Tier 1 extension-Self Employed-Definition of Earnings

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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sej
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Joined: Mon Jul 04, 2011 3:30 pm

Tier 1 extension-Self Employed-Definition of Earnings

Post by sej » Mon Jul 04, 2011 4:03 pm

Hello,

My renewal comes up next year in March 2012. I require to have an earning of £35,000 for 12 months of the previous 15 month period.

I am clear on everything as far as documentation goes (my sole trading company is registered with HMRC and has filed returns for previous year as well) but unsure of only one thing.

Question: I am self employed and am trying to figure out whether the "Previous Earnings" in my case will be (Net) Earnings AFTER tax that my sole trading company will have to pay or (Gross) Earnings BEFORE Tax.

Any help would be much appreciated

Sej

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