Previous earnings â€“ net or gross amount??

pvivekrao · Post by **pvivekrao** » Tue Oct 20, 2009 11:35 am

I am planning to apply tier 1 general visa next month. Could anyone please confirm, do I need to consider Net amount or Gross amount as pervious earnings??

Many thanks
V Rao

tvn_ramesh · Post by **tvn_ramesh** » Tue Oct 20, 2009 11:37 am

pvivekrao wrote:I am planning to apply tier 1 general visa next month. Could anyone please confirm, do I need to consider Net amount or Gross amount as pervious earnings??

Many thanks
V Rao

GROSS Amount...

Sushil-ACCA · Post by **Sushil-ACCA** » Tue Oct 20, 2009 11:40 am

In case of salary gross

In case of sole trader than net profit (Profit before tax)

In case of company Dividend received from company

pvivekrao · Post by **pvivekrao** » Tue Oct 20, 2009 11:43 am

Thanks Guys...

Post by **ChetanOjha** » Tue Oct 20, 2009 11:43 am

Sushil-ACCA wrote:In case of salary gross

In case of sole trader than net profit (Profit before tax) [before tax would be Gross?]

In case of company Dividend received from company[I would also say salary received from company + dividends received]

Sushil-ACCA · Post by **Sushil-ACCA** » Tue Oct 20, 2009 9:37 pm

if u r already working some where and basic non taxable allowance is consumed in that work, than u dont take salary from business , there is no meaning to pay additional PAYE

Sushil-ACCA · Post by **Sushil-ACCA** » Tue Oct 20, 2009 9:41 pm

there is basic mentality that

we take salary from company and also dividend ( Even HO people think that way)

if u have other source of income say u r working some where than it is always good to take only dividend from business to save PAYE

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Previous earnings â€“ net or gross amount??

Previous earnings â€“ net or gross amount??

Re: Previous earnings â€“ net or gross amount??