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ILR financial requirement self employment income

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha

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Takasur
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Posts: 1
Joined: Thu Dec 20, 2018 4:49 pm
United Kingdom

ILR financial requirement self employment income

Post by Takasur » Thu Dec 20, 2018 5:05 pm

Hi there,
Could anybody guide me plz about self emplyed income for ilr.my total income is about £22000/year without deducting any expenses and if i deduct expenses it goes down to £18600 threshold. So im wandering which income would be acceptable to home office for ilr financial requirement. Will they accept £22000 or other one?
Ta

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Casa
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Posts: 25817
Joined: Wed Jul 23, 2008 3:32 pm
United Kingdom

Re: ILR financial requirement self employment income

Post by Casa » Thu Dec 20, 2018 8:39 pm

For an ILR application where you are relying on self-employed income, the qualifying amount is after allowable business expenses have been deducted from the gross earnings. i.e the nett amount on which HMRC will calculate tax due.

Is your spouse employed?
(Casa, not CR001)
Please don't send me PMs asking for immigration advice on posts that are on the open forum. If I haven't responded there, it's because I don't have the answer. I'm a moderator, not a legal professional.

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