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ILR - Current salary

Posted: Mon Sep 15, 2014 5:04 pm
by jayparmar
Hi Guys,

I have question regarding ILR SET O form. Just to give you background, I have Tier 1 visa currently. I was permanant employee till few months back. But now I am doing contracting. So, I am going to show my permanent payslips to salary requirement. But there is a question in the form, which ask about current salary.

5.3 Are you working in the UK? If so, what is your pay each month after income tax and other deductions?

So currently my salary is very low as like most contractor and I get high dividend. So the question is, will it create any issue if I show my current salary very low. Also, Is it okay to dividend as a part of your current salary?

Thanks

Re: ILR - Current salary

Posted: Mon Sep 15, 2014 5:15 pm
by neo25500
I have left it blank as your income is not fixed per month assuming it has selfemployement income so no need to fill it as you have declared the earnings ahead in application.

Re: ILR - Current salary

Posted: Mon Sep 15, 2014 5:21 pm
by SSA_18
Probably not a good idea to leave it blank, as it is in the Finance section and I guess they might be quite keen to know what you're finances are like - to check if you are likely to be burden on the state. If your salary varies (as in my case), I would suggest you sum up your 12 month net salary and divide it by 12 and fill this box with the average figure.

Hope this helps.

Re: ILR - Current salary

Posted: Mon Sep 15, 2014 5:30 pm
by jayparmar
I am contractor, and my salary is fixed (which I have set , becuase I am the director). But most of the income come as dividend as its saves some tax.

Re: ILR - Current salary

Posted: Tue Sep 16, 2014 5:29 pm
by jayparmar
any more suggestion?

Re: ILR - Current salary

Posted: Tue Sep 16, 2014 5:38 pm
by jovsta
jayparmar wrote:I am contractor, and my salary is fixed (which I have set , becuase I am the director). But most of the income come as dividend as its saves some tax.
I'll be go through ILR as well, self-employed, and for this section I'll shown my low monthly wage, and dividends in table 5.6. These will be backed up by a combination of bank statements, payslips and letter from my accountant.


J