*** FLR(M) Spouse First Extension- Financial Requirement ***

[dvadithala]

Hello Experts,

I have wife's spouse visa extension via FLR(M) category. I hold British passport and work as a IT contractor. Wife doesn't work.

Last Financial Year (June 2015 - May 2016): I made 16,340 by Salary and 11,800 by Dividends. That makes total 28,140.

Just to be clear, please can you answer following questions:

1. The requirement of 18,600 is earnings right, not savings?

2. Is it 18,600 for one person or both of us as wife doesn't work? Do Home Office expect 18,600 x 2 =37,200? Sorry, silly question but I wanted to get it right.

3. I read about "Adequate Maintenance Requirement". Does this mean I have to show some monies the bank? (Referring to "A – B ≥ C" equation)


I thank you in advance for reading and answering my queries.

Cheers,
Me

[Wanderer]

Hello Experts,

I have wife's spouse visa extension via FLR(M) category. I hold British passport and work as a IT contractor. Wife doesn't work.

Last Financial Year (June 2015 - May 2016): I made 16,340 by Salary and 11,800 by Dividends. That makes total 28,140.

Just to be clear, please can you answer following questions:

1. The requirement of 18,600 is earnings right, not savings?

2. Is it 18,600 for one person or both of us as wife doesn't work? Do Home Office expect 18,600 x 2 =37,200? Sorry, silly question but I wanted to get it right.

3. I read about "Adequate Maintenance Requirement". Does this mean I have to show some monies the bank? (Referring to "A – B ≥ C" equation)


I thank you in advance for reading and answering my queries.

Cheers,
Me

1. Yes, earnings only. but bear in mind as a contractor via a one-man limited company (connected person) UKVI will be very keen on the tax aspect, both personal (PAYE) and company (CT).

2. Just 18,600...

3. Not applicable for FLR(M)

[dvadithala]

Thank you very much for quick response. I'm submitting the following documents:

• CT600 (2015/16)
  Corporation Tax Acknowledgement (2015/16)
  Company Annual Accounts (2015/16)
  Company Registration Certificate
  Share Ownership Certificate
  VAT Registration Certificate (2015/16)
  VAT Returns (2015/16)
  PAYE Registration
  Company Appointment Certificate
  P60 (2015/16)
  Payslip (2015/16) (12 Months)
  Dividend Voucher (2015/16)
  Letter from Accountant
  Business Bank Statements
  Personal Bank Statements
  Business Insurance Document
  Employment Contract Letter

Am I missing something important? Really appreciate second pair of eyes.

Thanks,
Me

[dvadithala]

<< bump >>

Please can you confirm if the above documents suffice?

Thank you.

[Casa]

Patience. You posted in the early hours of the morning in the UK and bumped it while most are travelling to work etc. Wanderer who has advised you in this thread isn't online but someone will answer you if and when they can.

[dvadithala]

Sincere apologies. That is right, I will wait for someone to help. Thank you. Sometimes, it's hard to think straight, whilst I can only think about this extension and stressful documentation.

[Casa]

Sincere apologies. That is right, I will wait for someone to help. Thank you. Sometimes, it's hard to think straight, whilst I can only think about this extension and stressful documentation.

Understandable.

[Mojohnson]

List looks good - make sure you have a certificate of confirmation from your accountant with your unaudited accounts . That's the only thing I didn't see on your list but I assume it will already be a part of your accounts.

[dvadithala]

Thank you for the confirmation. Please can you explain - what is certificate of confirmation from accountant?

Cheers,
Me

[Obie]

Also see Appendix FM-SE

[Mojohnson]

Thank you for the confirmation. Please can you explain - what is certificate of confirmation from accountant?

Cheers,
Me

The notes specify:

'(bb) If the business is not required to produce annual audited accounts, unaudited accounts for the last full financial year and an accountant’s certificate of confirmation,
from an accountant who is a member of a UK Recognised Supervisory Body (as defined in the Companies Act 2006) or who is a member of the Institute of Financial Accountants;'

I don't know if this applies to yourself but I remember having a signed statement from my accountant. I can't remember the exact wording but can send you it if you PM me later today.

[dvadithala]

Thank you again. Oh yes, in spite of having annual accounts.I'm getting a letter from Accountant (CA) who signs a copy of document which states my salary and dividends.

[dvadithala]

I wanted to thank all of you for helping us with the extension. We went for same day appointment and got it done today. Thank you again!