Income Help
Discussion and questions about student financial support arrangements - from government loans and grants to university bursaries. Please use the main Money & Finance forum for more general financial topics.
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Income HelpHello, for my parents details the form wants the total gross taxable income, which i'm presuming is the total income before tax. However, it takes this income as the household income which surely should be income after tax not before. Therefore by Household Income do SFE mean before tax? Thank you for your help.
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Re: Income HelpIf it states gross (before tax and other deductions) then you should provide gross. The figures get cross checked against HMRC records and if the numbers don't match they then ask for a P60 so it's worth getting it right. The figures stated in the guidance for "household income" are, if I remember correctly, gross income.(Original post by forex)
Hello, for my parents details the form wants the total gross taxable income, which i'm presuming is the total income before tax. However, it takes this income as the household income which surely should be income after tax not before. Therefore by Household Income do SFE mean before tax? Thank you for your help.Last edited by Pkysam; 11-05-2012 at 13:19.
