urgent help on claiming points as self-employed

[feel_love217]

Hello, I am on post study work visa at present and will be applying for tier 1 (general) in 2 weeks or so.

I work as salaried Employed person for few days in a week for which i get payslips and other days i work as a contractor which is self-employed work ( I don’t have a company or get dividends etc, I just get money paid into bank account for each day I work)

I started this contractor work in may 2010 and now I am applying visa before April 2011, so the problem is i am not due to pay tax as yet!!! So therefore how can i prove my income?

Working part time as salaried employee dosen’t meets the threshold of £40000 to claim necessary points!

I have to show my self-employed income and people are saying get a letter from accountant, but i don’t understand how that's going to be enough to prove my income!!!
Please help on this urgent matter; i would appreciate help if someone recently got visa in similar situation.

Kind Regards

[sanjeev.x.kumar]

If u started working as self employed from may 2010, you will not file the self assessment till 31st January 2011, so you cannot file income tax on those earnings till that time. Thats perfectly fine. But you can still claim the points for your Tier 1 General visa by showing your earnings as self employed.

All you need is the confirmation that u r registered with HMRC as self employed (You can include your UTR number or Class 2 NI invoice) to confirm that you are registered with the HMRC as self employed.
Also, you would need all the invoices which you issued to the client, your bank statements showing that you received the exact amount of money as it is in your invoice. You also need a letter from chartered account confirming your income as self employed.
Very important: Your chartered accountant should be a member of the ACCA or CIMA. any ordinary chartered accountant cannot prepare the statement and letter for you.
These are enough to prove your income as self employed.

[feel_love217]

If u started working as self employed from may 2010, you will not file the self assessment till 31st January 2011, so you cannot file income tax on those earnings till that time. Thats perfectly fine. But you can still claim the points for your Tier 1 General visa by showing your earnings as self employed.

All you need is the confirmation that u r registered with HMRC as self employed (You can include your UTR number or Class 2 NI invoice) to confirm that you are registered with the HMRC as self employed.
Also, you would need all the invoices which you issued to the client, your bank statements showing that you received the exact amount of money as it is in your invoice. You also need a letter from chartered account confirming your income as self employed.
Very important: Your chartered accountant should be a member of the ACCA or CIMA. any ordinary chartered accountant cannot prepare the statement and letter for you.
These are enough to prove your income as self employed.

Thanks Sanjeev for Reply. I have never issued any invoice to any client, they just pay me in my bank account for each day i worked. i get paid monthly.

I can get a break down of all the payment from the company who pay me each month( company letter head). That will match with the bank statement entries and i will also get a letter from accountant. Do you think not having the invoice will be a problem?

[sanjeev.x.kumar]

if you get a break down of all the payment from the company, you should be OK. But the letter should clearly mention the amount they paid you and the same should reflect in the bank statement.

[sudhir_m]

I was working as a salaried employee for last 6 months and now I left the job and started working as a contractor my accounts is taken care by a umbrella company (Gaint Group) They pay me monthly and provide me a salary slip and invoice document.I will be apply my extension in sept 2011.
So what all documents need to be submitted for my earnings.Should I need to submit my Invoices and salary slips both.Please guide me.

[mskhan]

All you need is the confirmation that u r registered with HMRC as self employed (You can include your UTR number or Class 2 NI invoice) to confirm that you are registered with the HMRC as self employed.

I have got UTR but no Class 2 NI yet. The quoted reply says UTR or Class 2 NI.

I am self-employed. Can I just present my UTR along with the accountant letter, invoices and bank statement?

Cheers

[teddy0409]

Code: Select all

I have got UTR but no Class 2 NI yet. The quoted reply says UTR or Class 2 NI.

I am self-employed. Can I just present my UTR along with the accountant letter, invoices and bank statement? 

@mskhan

Yes you can show your UTR (Welcome Letter from HMRC) if you do not have Class2 NI bill

[misaw1]

hi

i am also in same sitaution where i m part- time employed and self employed but i give home tuitions from home but no invoices yet? some of my friends said no need for invoices but only accountant letter is enough but i m really confused after reading few of the forums on this webiste and i haven't got UTR till now... So please help me