887 Visa Self-Employment (Profit/Loss statement)

[Karthik]

Hi all,

I hope everyone is doing well.

I am on 489 visa and I am planning to apply for 887 visa.

I am self employed with a Pty Ltd registered business and I pay myself every week with time sheets noted in payslip including super contribution, annual leave and sick leave and have done BAS every Quarter.

But the latest profit/loss statement shows the business is in loss, so will this affect 887 visa or the fact that I have been employed full time(38 hrs/week) for one year will be accepted.

Please give your suggestion.

Thanks.