📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Would banks look at my last tax return or my current income?

Options
Hi all,

I'm self employed. My last tax return didn't show a huge income because I was abroad for a lot of the year. Would banks look at my last tax return or at my income now in determining my mortgage?

Thanks,

larochelleuk

Comments

  • WellKnownSid
    WellKnownSid Posts: 1,940 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Probably your last 2-3 tax returns AND your income now.

    Why were you abroad - establishing new trade links or having a holiday?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.