How to prove finances as a contractor
Posted: Sat Feb 02, 2013 7:55 pm
Hi,
I am due to make a PEO application for ILR towards the end of this month. Up to Dec 2012 I was in a permanent job. My salary for the 12 months of 2012 meets the requirements for earnings in the points based system and I do have salary slips and personal bank statements to support my claim for points on earnings.
However January 2013 onwards I have started contracting. For the evidence of finances portion (SECTION 5 - YOUR HOME AND FINANCES) of the SET(O) form, is it enough to show my latest personal bank statements showing the inflow of money from my business account? Or do I also need to provide other documents (like a certificate of earnings from my accountant) to prove that I am indeed earning the amount shown in my personal bank statements? With a permanent job I know personal bank statements + salary slips are enough but I am not sure how I can prove my current finances as a contractor.
Could someone please resolve my queries?
Regards
Utopia
I am due to make a PEO application for ILR towards the end of this month. Up to Dec 2012 I was in a permanent job. My salary for the 12 months of 2012 meets the requirements for earnings in the points based system and I do have salary slips and personal bank statements to support my claim for points on earnings.
However January 2013 onwards I have started contracting. For the evidence of finances portion (SECTION 5 - YOUR HOME AND FINANCES) of the SET(O) form, is it enough to show my latest personal bank statements showing the inflow of money from my business account? Or do I also need to provide other documents (like a certificate of earnings from my accountant) to prove that I am indeed earning the amount shown in my personal bank statements? With a permanent job I know personal bank statements + salary slips are enough but I am not sure how I can prove my current finances as a contractor.
Could someone please resolve my queries?
Regards
Utopia