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What is the Minimum Trading Period for Self-Employed Applicants?
What is the Minimum Trading Period for Self-Employed Applicants?

Minimum trading history for self-employed applicants

R
Written by Roshni Patel
Updated over 8 months ago

For self-employed individuals, we typically require a 2-year trading history to verify your ability to meet payment obligations. However, if your self-employment history is under 2 years, your annual earnings should be at least £50,000. This amount pertains to net profit for sole traders and encompasses both salary and dividends for limited companies.

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