How to evidence your self employed income for a mortgage application

When you are self employed and apply for a mortgage the lender requires proof of your taxable income, in the past this was form “SA302” and “tax overviews” but HMRC don’t issue paper SA302’s now

HMRC worked  with the Council of Mortgage Lenders and software providers to ensure that printed tax calculations from commercial software  are accepted instead of form SA302.

HMRC have produced a list of lenders who have signed up to accept a tax calculation and tax year overview. Please find a link to the list of lenders by clicking this link

As your accountant we can obtain the “tax overviews” from your HMRC account and the printed tax calculations from our software.

Contact us if you need help

, , , ,

Related Posts

5th SEISS Grant latest news

The claims service for the 5th SEISS grant will open from late July. Within the next few days, HMRC will be contacting everyone who may be eligible for the fifth grant, to tell them their personal claim date. You can…
READ MORE
Making Tax Digital for VAT is now in operation

Making Tax Digital for VAT is now in operation

Making Tax Digital for VAT is now in operation VAT-registered businesses with taxable turnover above the VAT registration threshold which is currently £85,000 will need to keep digital records and send digital VAT returns from April 2019. If your business…
READ MORE
Menu