Credit Club - Untaxed income 28 November 2018 at 7:19AM in Credit file & ratings 3 replies 406 views

Oddballs

A significant proportion of our household income is not taxable (wife's pension below tax threshold, domestic solar & domestic RHI etc.) How do we include this in our credit club profile as it only asks for pre tax income?

jimbo26

Pre tax is the same as Gross Income. Just put the full amount she receives.

[Deleted User]

I wouldn't worry too much.

It's not used in any sense for you viewing your report but for the eligibility/affordability tools that MSE touts with the credit report

PRAISETHESUN

Pre-tax income is all income (gross) you earn, before any tax is paid (net). In your case your gross income is also your net income since no tax is paid. Your income doesn't contribute to your credit file, and is only used in the eligibility calculators for trying to sell you stuff. I wouldn't worry