Schedule 6A question

[theguv]

So, question 12D, Business Value.

I'm self employed and as such I'm not a Business that has a Net Value beyond what's in my bank account at any given moment... I don't have assets in the sense of Stock, Products etc so I have no idea how to fill this out or even if I need to!

I feel from the wording of it that this is for incorporated/limited traders.

Can I just N/A it and move on?

Thanks, you guys are life savers out there...

 

[NDDG]

So, question 12D, Business Value.

I'm self employed and as such I'm not a Business that has a Net Value beyond what's in my bank account at any given moment... I don't have assets in the sense of Stock, Products etc so I have no idea how to fill this out or even if I need to!

I feel from the wording of it that this is for incorporated/limited traders.

Can I just N/A it and move on?

Thanks, you guys are life savers out there...

Hello,
Did you find an answer to this? I'm in the same situation, and feel very confused about this.
Thank you.

 

[theguv]

I just went with N/A as I really couldn't see any way that it even remotely referred to my situation. I listed total money across all accounts (Covid has put paid to that as a figure!) and N/A'd the bits that didn't apply to me like Property, Investments etc.

I got asked for my biometrics in a very short space of time after submitting the application so I can only assume that their review of my application didn't bother them too much with me not listing anything in there...

 

[NDDG]

I just went with N/A as I really couldn't see any way that it even remotely referred to my situation. I listed total money across all accounts (Covid has put paid to that as a figure!) and N/A'd the bits that didn't apply to me like Property, Investments etc.

I got asked for my biometrics in a very short space of time after submitting the application so I can only assume that their review of my application didn't bother them too much with me not listing anything in there...

Thank you for a fast reply. I put N/A too but hoped to find some more information on this before I apply. I only have a few fixed deposits additionally to my bank deposits and a pension fund. And I'm not an entrepreneur. So to me it seemed like N/A is a correct option.

Lots of luck with your application!

 

[theguv]

Good luck with yours too.