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SET (M) form finances filling in ?

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hamster88
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Posts: 48
Joined: Thu Oct 28, 2010 8:50 pm

SET (M) form finances filling in ?

Post by hamster88 » Wed May 01, 2013 9:16 pm

Hi my wife's salary is different every month due to bonuses etc, so how should I enter her salary on the form ?

Also my rental income is irregular due to the tenant's finances so how should I fill in this information ?

many thanks

Amber
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Joined: Tue Jan 15, 2013 11:20 am
Location: England, UK
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Re: SET (M) form finances filling in ?

Post by Amber » Wed May 01, 2013 9:20 pm

hamster88 wrote:Hi my wife's salary is different every month due to bonuses etc, so how should I enter her salary on the form ?

Also my rental income is irregular due to the tenant's finances so how should I fill in this information ?

many thanks
For your wife I would use last tax years net income and divide by 12, assuming she has been working for 12 months earning a similar wage. I would indicate the income based on the tenants monthly rent. You can use the extra information box to clarify any issues such as those mentioned.
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