Redundancy Strategy - Quickly renew Tier 1

103. Unearned sources of income that we
will not consider as previous earnings include:
•expenses (such as accommodation,
schooling or car allowances) that
reimburse the applicant for money he/she
has previously spent;
•dividends, unless paid by a company in
which the applicant is active in the day-today management, or unless the applicant
receives the dividend as part or all of his/
her remuneration package;
•income from property rental, unless this
forms part of the applicant’s business;
•interest on savings and investments;
•funds that were inherited;
•employer pension contributions;
•money paid to the applicant as a pension;
•expenses where the payment reimburses
the applicant for money he/she has
previously spent;
•the value of the shares an applicant
receives when offered a job under an
employee shareholder employment
contract;
•redundancy payment;
•sponsorship for periods of study;
•state benefits; or
•prize money or competition winnings, other
than where they are directly related to the
applicant’s main profession or occupation.