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Visa Application - Self Employed Earnings

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  • Visa Application - Self Employed Earnings

    Hi all,

    With the Income Tax for self employed:

    Do you have to be left with £18600 or above before the personal allowance £12500 is taken into account or after?

    Some help will be very much appreciated.

    Many thanks,

    Colin.

  • #2
    The £18,600 minimum income requirement is the gross amount required, i.e. before any income tax, NI and any other deductions such as pension payments are made. The personal allowance is not involved.
    "I can calculate the movement of the stars, but not the madness of men" Sir Isaac Newton

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    • #3
      Many thanks for clarifying Much appreciated.

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