Frequently Asked Questions
How can I prove that my business is providing me with a personal taxable income to meet the income requirement?
- You can provide evidence showing that you are drawing a wage from the business. This could include payslips (including corresponding bank account deposits), BAS and Profit and Loss statements as evidence. If you are not drawing a wage from the business, your profit margin would need to be enough to meet the requirement.
I am running a business in partnership with two others. Am I eligible for nomination?
- No, unless jointly owned with your spouse businesses operating in partnership are not eligible to meet the minimum requirements in the Tasmanian Business Operator or Tasmanian Established Resident pathways.
- If you enter into an employment relationship with the business you may be eligible through the Tasmanian Skilled Employment of Tasmanian Skilled Graduate pathways.