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Spouse Visa - Financial Requirement - Self Employment - Paypal

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readyforarrival
Newly Registered
Posts: 1
Joined: Fri Feb 14, 2020 4:45 pm
Morocco

Spouse Visa - Financial Requirement - Self Employment - Paypal

Post by readyforarrival » Fri Feb 14, 2020 4:53 pm

I earned just over the £18600 financial threshold last year through self-employment. I understand that to prove this I need to send:

- Bank Statements
- Tax Return
- A "Certificate of Confirmation" from an accountant

My problem here is that whilst most of the money I received was paid through my UK bank account and therefore shows income in GBP, I have a certain amount that was paid through Paypal and even if I can get them to send me a printed statement, I'm not sure if they will accept this as Paypal is not a bank.

Does anyone have experience in sending proof of income via Paypal statements?
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seagul
Diamond Member
Posts: 10201
Joined: Thu Nov 12, 2015 11:23 am
Mood:
United Kingdom

Re: Spouse Visa - Financial Requirement - Self Employment - Paypal

Post by seagul » Fri Feb 14, 2020 10:21 pm

Self employment need an extensive range of documents. Read about it here:

https://assets.publishing.service.gov.u ... -ext_1.pdf
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.
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iwolga
Senior Member
Posts: 503
Joined: Mon Sep 02, 2019 8:34 am
United Kingdom

Re: Spouse Visa - Financial Requirement - Self Employment - Paypal

Post by iwolga » Sat Feb 15, 2020 11:09 pm

readyforarrival wrote: ↑
Fri Feb 14, 2020 4:53 pm
 I earned just over the £18600 financial threshold last year through self-employment. I understand that to prove this I need to send:

- Bank Statements
- Tax Return
- A "Certificate of Confirmation" from an accountant

My problem here is that whilst most of the money I received was paid through my UK bank account and therefore shows income in GBP, I have a certain amount that was paid through Paypal and even if I can get them to send me a printed statement, I'm not sure if they will accept this as Paypal is not a bank.

Does anyone have experience in sending proof of income via Paypal statements?
From my experience, PayPal is linked to your bank account anyway. I’m not sure how can it be otherwise. Do you have a 100% virtual account?
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