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senior pls help

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

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k820
Junior Member
Posts: 56
Joined: Sun Jul 12, 2009 2:44 pm

senior pls help

Post by k820 » Fri Jul 24, 2009 9:13 am

k820 wrote:
1.If you are showing yourself as an employee of your own company then you don't need invoices etc. If you are planning to show yourself as Self-Employed then you may need them


HI chetanojha

I am working as a self-employed and planning to provide two evidence.
1- Accountant letter
2- bank statement

do i need to provide invoices as well? thanks for your in advance


You basically need to evidence from two difference source. In case of Self-Employed people you need to provide extra evidences. Also wait for other members to reply.
Just browsed the guidance notes,Page 26 states:

vi) Self-employed applicants only - letter from the applicant’s managing agent or accountant (confirming that the applicant received the exact amount he/she is claiming, or the net profit to which he/she is entitled). This is a letter from the applicant’s managing agent or accountant on headed paper confirming the gross and net pay for the period claimed. The letter should give a breakdown of salary, dividends, profits, tax credits and dates of net payments earned. If the applicant’s earnings are a share of the net profit of the company, the letter should also explain this.
vii) Invoice explanations or payment summaries from the applicant’s managing agent or accountant. These are summaries or explanations created by an applicant’s managing agent (who is usually an accountant). These explanations should include a breakdown of the gross salary, tax deductions and dividend payments made to the applicant. The total gross salary and dividend payments should be the same as the applicant’s earnings. The payment summary should enable us to check that these correspond with the net payments into the applicant’s personal bank account.
viii) Company or business accounts that clearly show the net profit of the company or business. Accounts must show both a profit and loss account (or income and expenditure account if the organisation is not trading for profit) and the balance sheet should be signed by a director. Accounts should meet statutory requirements and should clearly show the net profit made over the earnings period to be assessed.

seniors pls can you help , I am going to apply for Tier 1General. your help much appreiated thanks

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