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Tier 1 Extension - Self employment earnings - eligibility

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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happycamper19
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Posts: 85
Joined: Fri Oct 21, 2011 5:54 pm

Tier 1 Extension - Self employment earnings - eligibility

Post by happycamper19 » Mon Nov 14, 2011 10:06 pm

Hello people,

I have one very basic question. For the purposes of satisfying earnings requirements for Tier 1 General extension, can I apply earnings I receive in self employment registered as SOLE TRADER (rather than when I run limited liability company, partnership etc)?

If yes, how do I will need to ascertain those earnings to UKBA. Are there certified accountants in UK who develop business accounts (income statement, balance sheet, cash flow statement) for sole traders? Can I use business accounts + letter from the same accountant who developed those accounts as documentary support for my earnings to UKBA?

Any help will be greatly appreciated.

AccountantMatthew
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Posts: 301
Joined: Mon Jul 04, 2011 5:20 pm
Location: London Town

Post by AccountantMatthew » Tue Nov 15, 2011 8:37 am

You can MadNomad and there are suitably qualified accountants out there to help you with both the accounts (income statement and balance sheet - there's no requirement for a cash flow statement) and the letter. The same person can do both.

geriatrix
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Location: does it matter?
United Kingdom

Post by geriatrix » Tue Nov 15, 2011 4:20 pm

Also see 112.
Life isn't fair, but you can be!

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