| Basic Salary |
Y |
100% |
| Overtime |
Y |
100% (60% used for affordability) |
| Bonus |
Y |
100% (60% used for affordability) |
| Commission/tips/gratuities/tronc payments |
Y |
100% (60% used for affordability) |
| Holiday Pay |
Y |
100% |
| Fixed / Short / Temporary Contracts - If Company Paying Tax |
Y |
100% |
| Fixed / Short / Temporary Contracts - If Client Paying Tax |
Y |
100% |
| Employed in a Family Business If Less than 25% Invested interest (Treat as employed) |
Y |
100% |
| Employed in a Family Business Equal to or greater than 25% Invested interest (Treat as Self Employed) |
Y |
100% |
| Ltd Company - Director/Shareholder receiving Basic PAYE salary ONLY less than 25% shareholding (Treat as employed) |
Y |
100% |
| Ltd Company - Director/Shareholder - Wanting to use - Basic PAYE salary ONLY Equal to or greater than 25% shareholding (Treat as self employed) |
Y |
100% |
| Ltd Company - Director/Shareholder - Wanting to use Basic PAYE salary + dividends ONLY Irrespective of share holding (Treat as Self Employed) |
Y |
100% |
| Ltd Company - Director/Shareholder - Wanting to use -Basic PAYE salary + Net Profits ONLY irrespective of share holding (Treat as Self Employed) |
Y |
Net profits cannot be used without referral to Underwriters |
| Self employed - Sole Trader |
Y |
100% minus SEISS grants 1 to 3 if claimed |
| Self employed / Share holding of a Non Ltd Company (i.e. Partnership) Taxable Income |
Y |
Key applicant’s proportion of shareholding minus SEISS grants 1 to 3, if claimed |
| Employed by/Partner of PLC or LLP - Irrespective of share holding Basic PAYE salary or drawings (Treat as Self Employed) |
Y |
100% minus SEISS grants 1 to 3, if claimed |
| Maternity/Paternity/Adoption Pay |
Y |
100% |
| Probationary Contract |
Y |
100% |
| Temporary (Includes Seasonal and Piecework) |
N |
0% |
| Town, Area or Car Allowance (excluding mileage). Including Large town, area allowance eg London weighting/cost of living supplement |
Y |
100% |