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Effect of director salary after extension

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed.

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha

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mkhan83
Junior Member
Posts: 66
Joined: Mon May 21, 2018 9:49 pm
Ireland

Effect of director salary after extension

Post by mkhan83 » Tue May 29, 2018 1:38 am

Hi there (Zimba and Marcnath)
I am following this forum since the last 1.5 years, although i am newly registerd. Due to valuable suggestions i was able to extend my visa successfully in March 2018.
During the initial period of Tier1 ENT (3 Year), i took minimum tax free wages every month.
I am planning to stop taking wages from my business. My question is
Can i do this not to withdraw a salary anymore?
If YES what kind of impression/effect will it be at the time of ILR application?
Or should i withdraw minimum tax free salary as usual
Thanks

User avatar
marcnath
Moderator
Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: Effect of director salary after extension

Post by marcnath » Tue May 29, 2018 7:21 am

It should have no impact on your immigration application.
At ILR time, you need some evidence to show that you will not depend upon benefits once ILR is granted. But that does not have to be salaries - it can be your dependants salary, savings, money from someone else, etc. There are no clear definitions of what is needed and I don't think it is a critical one either.
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

mkhan83
Junior Member
Posts: 66
Joined: Mon May 21, 2018 9:49 pm
Ireland

Re: Effect of director salary after extension

Post by mkhan83 » Tue May 29, 2018 9:43 pm

Thanks for your reply
Really appreciated :)

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