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Do I need to show ALL earnings from ALL sources? Tier 1 Ext

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

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sachin01663
Newbie
Posts: 47
Joined: Wed Mar 19, 2008 2:24 pm

Do I need to show ALL earnings from ALL sources? Tier 1 Ext

Post by sachin01663 » Wed Jan 09, 2013 10:35 am

I am covering the period Jan-12 to Dec-12.

I opened my limited copany for three months from Apr-12 to Jun-12 but I want to avoid showing this earnings (or infact even mentioning my Ltd Comp) because of unnecessary paper work / cost required from accountant.

I have enough points from the salary withdrawn for other months in last one year (for example Jan-12 to Feb-12 and then June-12 to Dec-12)

Two questions:
1) Do I need to show ALL the earnings for last twelve months from all the sources or I can skip one source of income?
2) For these three months (which I dont want to show), I do have salary transaction in my bank statement (from my Ltd Comp). Can they ask the source of this additional income?

This will save me couple of hundered for getting all these docs from accountant, and of course time and complexity.

Many thanks as always,
SAchin

mulderpf
Diamond Member
Posts: 1669
Joined: Sat Oct 16, 2010 8:10 am
Location: London

Post by mulderpf » Wed Jan 09, 2013 10:52 am

1. No, you can be entirely selective with which earnings you should, as long is it is within the specified period.
2. Only if you are using this to claim points. Otherwise they can't verify something you are not claiming for.

sachin01663
Newbie
Posts: 47
Joined: Wed Mar 19, 2008 2:24 pm

Post by sachin01663 » Fri Jan 11, 2013 3:33 pm

Thank you very much.

Anyone else, any other thoughts??

thebionicredneck2003
Member of Standing
Posts: 385
Joined: Thu Dec 30, 2010 11:43 pm

Post by thebionicredneck2003 » Fri Jan 11, 2013 3:45 pm

Hi,

There are no other thoughts, as Mulderpf has already given you the right answer.

Kind Regards

sachin01663
Newbie
Posts: 47
Joined: Wed Mar 19, 2008 2:24 pm

Post by sachin01663 » Mon Jan 14, 2013 1:03 pm

Thanks

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