Hi,
We would like to know if we meet financial requirement
a person earned £22,098 (Gross income) from 6 April 2015 to 5 April 2016 . He earned this income from 2 different jobs and self-employment. see below a breakdown of income earned from each job and length of service;
1) employed at E.G. started before April 2015 and left in August 2015. from 6 April 2015 to August 2015 he earned approximately £2,935
2) employed by HM forces as a part time reserved. He started in May 2015 and he is stilled employed by HM Forces (Reserved). From 6 April 2015 to 5 April 2016 he earned £2,283 from this employment.
3) Self-employed Taxi driver he started self-employment August 2015 and he is still taxi driver. From self-employment he earned £14,894 (taxable) from August 2015 to 5 April 2016.
Although he didnt make £18,600 in each job but overall he earned £22,098 from 6 April 2015 to 5 April 2016.
Can anyone please confirm whether he meet financial requirement or not?
If not
can he use a year's income from August 2015 to August 2016 of self-employment? ( he has last year's business accounts ready and his accountant will make management accounts from 6 April 2016 to August 2016)
Thanks in advance
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