Section 5 Set(O) - Home & Finances Question 5.3 & 5.6
Posted: Sun May 22, 2016 9:35 am
Morning All,
I have a query and would be grateful if someone can help. My apologies if this question already exist somewhere on this forum which I am unable to find.
------------------------------------------------- 1st Question-------------------------------------------------------
5.3 Are you working in the UK?
Yes No
If so, what is your pay each month after income tax and other deductions?
In my previous earning which I am claiming for ILR is from both sources, Employment and Self-Employment. From Employment it is easy to find net salary amount each month but Self-Employment every month Income would vary (low/high). My Question is what to fill in in the box of pay each month and how to calculate Self Employment Income after tax? Taking monthly average & assume 20% tax?
------------------------------------------------- 2nd Question-------------------------------------------------------
5.6 Complete the following table indicating the sources and levels of income as indicated in 5.1 - 5.5 that you and your partner are relying on to adequately maintain you and any dependants.
Income source Interval received (weekly/monthly amount) Amount
Same question here, how to give breakdown of 5.3 answer as interval for Self-Employment Income wouldn't be same as employment (monthly)?
Kind Regards,
Aamir
Kind Regards,
Aamir
I have a query and would be grateful if someone can help. My apologies if this question already exist somewhere on this forum which I am unable to find.
------------------------------------------------- 1st Question-------------------------------------------------------
5.3 Are you working in the UK?
Yes No
If so, what is your pay each month after income tax and other deductions?
In my previous earning which I am claiming for ILR is from both sources, Employment and Self-Employment. From Employment it is easy to find net salary amount each month but Self-Employment every month Income would vary (low/high). My Question is what to fill in in the box of pay each month and how to calculate Self Employment Income after tax? Taking monthly average & assume 20% tax?
------------------------------------------------- 2nd Question-------------------------------------------------------
5.6 Complete the following table indicating the sources and levels of income as indicated in 5.1 - 5.5 that you and your partner are relying on to adequately maintain you and any dependants.
Income source Interval received (weekly/monthly amount) Amount
Same question here, how to give breakdown of 5.3 answer as interval for Self-Employment Income wouldn't be same as employment (monthly)?
Kind Regards,
Aamir
Kind Regards,
Aamir