Help needed self employed employers liabilites, utr etc

[kamark]

Good day experts,

I am on PSW at the moment. My visa runs out 29th october, Will be sending application form for Tier 1 general within next few days. On my letter from accountant it shows:

Gross income from Self-Employment 42,513
Expenses 25,296
Net income(profit) from Self Employment: 17,217

My first question is do i qualify? As my gross income is 42,513? Or they only consider Net income?

For self employed supporting documents I havent received UTR number yet. But i will be supplying letter from bank.

2ndly employers liability insurance start from 21st of october as i didnt knew the rule. I have just got the insurance will it work?

3rd question i have some invoices which has been paid in two transaction but the invoice is one will be there any problem?

Thanks in advance.

[visatier1]

Good day experts,

I am on PSW at the moment. My visa runs out 29th october, Will be sending application form for Tier 1 general within next few days. On my letter from accountant it shows:

Gross income from Self-Employment 42,513
Expenses 25,296
Net income(profit) from Self Employment: 17,217

My first question is do i qualify? As my gross income is 42,513? Or they only consider Net income?

For self employed supporting documents I havent received UTR number yet. But i will be supplying letter from bank.

2ndly employers liability insurance start from 21st of october as i didnt knew the rule. I have just got the insurance will it work?

3rd question i have some invoices which has been paid in two transaction but the invoice is one will be there any problem?

Thanks in advance.

for self employment they consider only net income .
you should submit UTR letter that is the proof of self employed
employers liabilty insurance may work .

all the best

[kamark]

Thank you very much Visatier1 for your help. I should have applied for UTR before anyway i can not do anything about it now. Thanks.