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Tier 1 extension-previous earning

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

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modshoraj
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Joined: Wed Oct 27, 2010 10:57 am

Tier 1 extension-previous earning

Post by modshoraj » Wed Oct 27, 2010 12:13 pm

I am self employed(sole trader) and i receive cash as payment.Sometimes i don't have time to go and deposit in my bank account hence i can't use the document combination that needs bank statement.

I have read on the guidance note that there are other forms of document combination to proof previous earning but they did not state it.
Can someone guide me on other forms of document combination to proof previous earning other than bank statement and invoice combinatiion.

Also i was on maternity leave for 4months during the period i want to claim.
If the accountant is preparing the necessary document for my business(balance sheet,profit and loss account) .Is he going to leave out the 4months of maternity leave on the document? am asking this question because that means the months will not be consecutive on the p&l statement and the balance sheet.
Thank you.

rizwan567
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Joined: Sat Mar 23, 2002 1:01 am
Location: Greater London
United Kingdom

Post by rizwan567 » Wed Oct 27, 2010 3:23 pm

With bank statement, its impossible for sole traders to complete proper documentation.

modshoraj
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Posts: 8
Joined: Wed Oct 27, 2010 10:57 am

Post by modshoraj » Wed Oct 27, 2010 4:15 pm

Thank you for your response.I have since been putting the money in my account but what can i do then to proof the earnings especially for those months i have not been able to deposit the money in my account.

Can senior members guide me through please.

modshoraj
Newly Registered
Posts: 8
Joined: Wed Oct 27, 2010 10:57 am

Post by modshoraj » Thu Oct 28, 2010 1:08 pm

Hi Rizwan,
I didn't really understand your response.Do you mean i can't get a proper documentation WITHOUT bank statement and that i need bank statement with other docs.

rizwan567
Diamond Member
Posts: 1098
Joined: Sat Mar 23, 2002 1:01 am
Location: Greater London
United Kingdom

Post by rizwan567 » Thu Nov 04, 2010 1:42 am

Sorry..correction

I mean to say 'without bank statements'

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