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Expenses towards mortgage
jengli1
Posts: 1 Newbie
Hi, i have a part time job where i get paid expenses into my bank account every week but do not receive a P60 at the end of the year for this. Can i use this income towards a mortgage? thanks
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Comments
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Unfortunately the short and long answer is no, you can only use things like basic pay, overtime, bonuses, commission, some allowances, etc. towards a mortgage.
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Why are you not receiving a P60?
Are you sure the income is being declared to the tax man?
Payments to cover expenses are exactly that. It is not income, it is being reimbursed.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 -
Expenses are very unlikely to be on a P60. Just your wages, etc.
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