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Having a major meltdown re payslips
Piggywiggy
Posts: 452 Forumite
Got a meeting with a mortgage advisor in the morning and just realised my payslips are not officially payslips.
I work for the family business as the only employee so my dad uses the HMRC paye basic tools software, he has been giving me a 2 page breakdown of my earnings and tax deductions etc printed from this software but a quick Google has shown me this software doesn't produce payslips, now I'm in major oanic mode that they aren't going to be accepted as proof of my income.
He seems to think I'm worrying over nothing ?!?!
I work for the family business as the only employee so my dad uses the HMRC paye basic tools software, he has been giving me a 2 page breakdown of my earnings and tax deductions etc printed from this software but a quick Google has shown me this software doesn't produce payslips, now I'm in major oanic mode that they aren't going to be accepted as proof of my income.
He seems to think I'm worrying over nothing ?!?!
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Comments
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Take what you have to the broker. Explain it to him/her.
Its the brokers job to fnd a lender who will accept you - that includes your payslips as they are.
It MAY prevent you from using all lenders (I say may as I do not know the answer), however I do know some lenders will just write to the companies accountant for a reference.I am a Mortgage AdviserYou 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.0 -
Out of curiosity, how long have you worked for the family business?I am a Mortgage BrokerYou should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
Tell your dad to get to get a proper payroll software - I can recommend BrightPay which is hugely competent, free for up to 3 employees, near idiot proof and will comply with his RTI obligations (which are a legal requirement for PAYE employers).
Make sure any catch up payslips match actual payments (bank statements) and Bob's your Auntie's live in lover !!Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Worked here for 8 years now.
He is not very computer literate (he can just manage to use the software he has now) and he doesn't trust downloading software not from HMRC and nor will he internet bank so I'm still being paid by cheque. I feel like today is just a waste of time.0 -
Run it yourself, solely for yorself ?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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He is self employed running it and I am his only employee.0
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