Packaging & criteria

Family business

Income from employment at a family business is acceptable where the customer has been employed by the family business for a minimum of 12 months. The expectation is that income remains largely consistent over the 12 month period.

Where more than 20% of shares in the business are owned, the customer must be treated as self-employed.

Box

Packaging guidance:

12 months’ bank statements are required as proof of duration of employment