I understand that you have to earn at least minimum wage for 1 out of 3 years trading but is that minimum wage for one out of a couple or do you both have to earn minimum wage?
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Earning Minimum Wage 1 out of 3 years
Started By
Mountain View
, 11 Feb 2010 14:55
#1
Posted 11 February 2010 - 14:55
#2
Guest_Dave_*
Posted 11 February 2010 - 15:04
Hi the holding has to produce the equivelant of the minimum wage so in effect a profit of the minimum wage in 1 year out of 3.
#3
Posted 11 February 2010 - 17:58
And be aware that the planners restrict the size of a dwelling based on your earnings. i.e., smaller earnings means smaller house.
#4
Guest_endicott_*
Posted 12 February 2010 - 19:02
Hi
Sept2009 issue of DASH (Devon Association of Smallholders) features an article from one Sarah Slade a Chartered Surveyor specialising in planning says that the financial test for permenent dwellings :-established for 3 years; profitable for at least one of those 3 and must be financially sound both now and in the future....says that3 years business accounts would establish the first criteria, For the second point i.e. profitability...a profit of just �1 would establish this...but not the third part of the criteria i.e. finanial sustainability.
Sept2009 issue of DASH (Devon Association of Smallholders) features an article from one Sarah Slade a Chartered Surveyor specialising in planning says that the financial test for permenent dwellings :-established for 3 years; profitable for at least one of those 3 and must be financially sound both now and in the future....says that3 years business accounts would establish the first criteria, For the second point i.e. profitability...a profit of just �1 would establish this...but not the third part of the criteria i.e. finanial sustainability.