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Print this form out to fill in and keep for your own records
Monthly Breakdown
Total Income £__________________
(Net if employed)
| Business Expenses | Personal Expenses | ||
|---|---|---|---|
| Mortgage/Rent | Mortgage/Rent | ||
| Stock & Materials | Insurances | ||
| Employees Wages | Council Tax | ||
| NI Contributions | Housekeeping | ||
| VAT | Utilities | ||
| Inland Revenue | Clothing | ||
| Business Rates | TV Rental | ||
| Light, Heat, Power | Children's Expenses | ||
| Telephone | Motor & Travel | ||
| Stationary & Postage | Dental & Medical | ||
| Insurance | Other* | ||
| Advertising & Promotion | Other* | ||
| Repairs & Renewals | Other* | ||
| Motor & Travel | TOTAL | £ | |
| Accountancy & Legal Fees | |||
| Other* | |||
| Other* | |||
| Other* | |||
| TOTAL | Monthly Balance of Income £______________________ | ||
* Please specify
Notes
-
If self-employed it can be difficult to project your income, try to establish an average monthly figure taking into account good months and poor months.
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Your balance of income must be an affordable amount which could be offered to your creditors for a determined period.
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You must not over commit yourself or offer a figure which is less than you can reasonably afford.
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For effective advice based on extensive experience, please consult King & Company.
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