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Self Assessment online, how do prove income?

MissisB
MissisB Posts: 1 Newbie
in Mortgages & endowments
Hi, my husband is self employed and we file his tax return online. Any ideas how we get proof if his income?! Many Thanks

Comments

  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Once returns are filed the Inland Revenue should send out a SA302 form which shows the figures.

    Usually the easiest way other than an accountant.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • tkitmike
    tkitmike Posts: 48 Forumite
    You have your annual accounts, profit and loss figures?

    That should be fine.
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    tkitmike wrote: »
    You have your annual accounts, profit and loss figures?

    That should be fine.

    Having your own set of accounts will not be sufficient for a lender. They would need to be verified by an accountant or Inland Revenue.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • arthur_22
    arthur_22 Posts: 46 Forumite
    HMRC don't sent out SA302s if you file online. You either show the mortgage company the equivalent SA302 form that is generated through online filing (basically your tax calculation form) or you can order "official" copies of the SA302 from your tax office.
  • tkitmike
    tkitmike Posts: 48 Forumite
    A mortgage company will accept your accounts - if they are signed off by your accountant..
This discussion has been closed.
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