ilr self employed

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ilr self employed


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Old 14th August 2019, 02:36 AM
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Default ilr self employed

hello everyone

I'm confused a little about meeting the financial requirements , I'm self-employed delivery driver.
let say that i made a total of 20, 000 thousand pnd, but with the deductions of tax and fuel and insurance expenses, it will be around 14, 000. my question is will the home office count my income as 20, 000 thousand or 14, 000 thousand ??

thank you all for your help

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Old 14th August 2019, 10:38 AM
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Quote:
Originally Posted by mokhtar b View Post
hello everyone

I'm confused a little about meeting the financial requirements , I'm self-employed delivery driver.
let say that i made a total of 20, 000 thousand pnd, but with the deductions of tax and fuel and insurance expenses, it will be around 14, 000. my question is will the home office count my income as 20, 000 thousand or 14, 000 thousand ??

thank you all for your help
i saw on website someone his application was refused because he was thinking that the home office will count the total income but he said the home office goes by net profait.?

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Old 14th August 2019, 12:31 PM
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what im trying to understand is this ;
1. is it the turnover minus expenses deduction?
2 . or is it the turnover minus expenses deduction minus tax ?
3 . or is just the total of without any deduction
sorry im asking too much im just trying to know if i meet the requirements or no because if i dont then i have to work more hours as i still have time

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Old 14th August 2019, 08:13 PM
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Hi there! Here is a link to the financial requirement guidance from 2017:

https://assets.publishing.service.go...ent-ext_1_.pdf

Look under Section 9 for self employed. Best of luck to you!


Last edited by grasshopper33; 14th August 2019 at 08:16 PM.
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Old 14th August 2019, 09:22 PM
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Quote:
Originally Posted by mokhtar b View Post
hello everyone

I'm confused a little about meeting the financial requirements , I'm self-employed delivery driver.
let say that i made a total of 20, 000 thousand pnd, but with the deductions of tax and fuel and insurance expenses, it will be around 14, 000. my question is will the home office count my income as 20, 000 thousand or 14, 000 thousand ??

thank you all for your help
Gross income is your turnover (in your case 20K) less your expenses/cost of goods but before taxation.

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I am not a regulated immigration advisor and am only providing my own personal views and opinions. This should not be relied upon as advice.
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