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In Form E, must "income needs" be itemised?

  • T W Dixon
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01 Nov 21 #518056 by T W Dixon
Topic started by T W Dixon
In financial statement “form E”, in Section 3.1 (“Income needs”), is there a positive requirement to itemise income needs - or will a gross sum suffice?

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01 Nov 21 #518059 by T W Dixon
Reply from T W Dixon
To clarify my original post:

In financial statement “form E”, in Section 3.1 (“Income needs”), is it always essential to itemise income needs - or, if the last twelve months’ bank and credit card statements accompany the form and show all the outgoings, would a gross sum suffice?

  • seeingawaythrough
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01 Nov 21 #518061 by seeingawaythrough
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I provided an itemised list - broken down to show eg mortgage, electricity, gas, phone, groceries, and so on. Mine was separated out to show general costs and costs specific to my children.
Hope that helps. It did involve a long evening with a spreadsheet and my bank records, but I believe it's important to have everything covered.
I attached mine as a separate sheet.

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02 Nov 21 #518063 by T W Dixon
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Thank you seeingawaythrough

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