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umbrella/limited company as for T1 (G) extension earnings

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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sorento
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Joined: Sat May 11, 2013 12:57 pm
United Kingdom

umbrella/limited company as for T1 (G) extension earnings

Post by sorento » Sat Mar 15, 2014 5:02 pm

I am on Tier 1 General visa and just got a new job. I wonder if I can choose umbrella company or limited company for my tier 1 General extension as I assume my earnings will be assessed.

If I can choose umbrella/limited, how my earnings will be calculated? PAYE will be fine but not good for tax. If I choose umbrella or limited, the pure salary will be low but dividend and bonus will be high. Not sure if umbrella/limited will be accepted and if so, which parts can be calculated as earnings.

Anyone with similar experience to share will be greatly appreciated
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