Income

In this step, we will present back any regular income sources identified over a 3 month period.

The customer must:

1. review each card and provide all required information
2. declare any income sources that have not been identified e.g. the income is irregular or the customer has not linked their bank account
3. remove any income sources that are not accurate e.g. a regular recurring payment transfer that looks like income

For PAYG related income we'll ask:

• Amount
• Additional income made (e.g. commission, bonus, overtime etc.) if the figure shown doesn't reflect these additional amounts earned
• Employer name
• Working arrangement / basis
• Occupation
• Date started

For Self employed

• Amount
• Business structure
• Share of business
• Industry
• Date started

For rental income:

• Amount
• Related property (based on property assets entered from Assets section)
• Frequency earned

Quick tip: clients will be able to declare rental income only if they declare they are purchasing or currently own an investment property

For all other income types:

• Amount
• Frequency earned

Manual declaration

If there's any income missing, the customer can simply manually declare any using the 'Add additional income' button