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Tier 1 extension Urgent help needed please

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

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iazm4
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Posts: 6
Joined: Sat Apr 27, 2013 2:38 am

Tier 1 extension Urgent help needed please

Post by iazm4 » Sat Apr 27, 2013 2:52 am

Hi!
I'm selling on ebay and have £80000 turn over last year but i have transferred £35000 in my bank account rest i spent on my buying from ebay for which i have full proof . I have made almost £33000 profit , my question is that how i can prove to home office that my turn over was £80000 and my net profit is £33000 which i required for Tier 1 extension . I have all monthly paypal statements which are showing my total sale activity of £80000 .
is ok if i will ask them that my total sale was £80000 and my net profit is £33000 which i had already transferred over the period of year from my paypal account to my bank account or i can only take net profit from £33000 which i have transferred from paypal to my bank account
Thanks

Lucapooka
Respected Guru
Posts: 7616
Joined: Sun Aug 14, 2011 10:30 am
Location: Brasil

Post by Lucapooka » Sat Apr 27, 2013 8:36 am

Ebay is merely a portal through which your business interfaces with customers. Otherwise, you are operating like any other business. Have you registered your business with HMRC and do you have suitable business accounts?

http://www.immigrationboards.com/viewtopic.php?t=111577

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