How do you calculate income for self-employed persons in family immigration cases?
If the reference person is a self-employed person and runs a sole proprietorship, the operating profit or taxable income is reckoned as income. When UNE considers whether it is likely that the requirement for future income will be met, we look at documents such as the most recent tax returns, last year’s income statement, updated information about income and expenses, and statements from authorised accountants.
If the reference person has income from a limited liability company, documentation must be provided that a salary has been drawn from the company. When UNE considers whether it is likely that the requirement for future income will be met, we look at documents such as the most recent tax returns, accounts, bank statements, VAT returns and statements from an authorised accountant.