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Financial requirement calculation- help!

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Ac1994
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Joined: Fri Apr 05, 2019 1:36 pm
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Financial requirement calculation- help!

Post by Ac1994 » Fri Apr 05, 2019 2:28 pm

Hi

I am sponsoring my husband for a Spouse Visa application. I really need some advice on calculating my finances as they are complicated.

I have two jobs, both are non-salaried.
Job A, I am paid hourly, my wage varying slightly each month.
Job B is 16hours a week every week, it doesnt vary but still classed as non-salaried. I have been working at Job B for more than 6 months.

I pass the 18600 threshold with these two jobs.

I was initially employed Job A in June, on a 6 month contract. That ended in december and i left, worked in retail for few weeks and then signed a new permanent contract again for Job A in January 2019. My question is must I apply under Category B because my contract ended and started again and i had another job inbetween? Even though i left and started again in the space of a month, so my payslips are continuous Dec, Jan ? The only thing is my contract ended and started again a few weeks later and I had a job inbetween over christmas and january.

My next question is Job A has given me a pay rise starting from April. Because I do not yet have a payslip showing this pay rise (i have a signed employer letter stating this and new contract stating this) how do I calculate my current average gross yearly income with this new figure if I have only been earning it for a week or so?

Also I need to rent a flat and need to figure out how much I can afford weekly depending on my weekly net income so i pass maintenance. How do i work out my average net income with my new pay rise.

I would really appreciate help with these questions as I really dont know how to progress with the application.

Thank you in advance 😀

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seagul
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Re: Financial requirement calculation- help!

Post by seagul » Fri Apr 05, 2019 8:25 pm

In your situation the category B non-salaried person route seems more appropriate where you can combine the accumulation of your all previous jobs income during the last 12 months regardless of how long they were held. Also be informed that if you are meeting financial requirement through employment then HO wont look on your outgoings/maintenance etc.
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Ac1994
Newly Registered
Posts: 3
Joined: Fri Apr 05, 2019 1:36 pm
United Kingdom

Re: Financial requirement calculation- help!

Post by Ac1994 » Fri Apr 05, 2019 8:58 pm

Thank you so much for your advice!

If you wouldn’t mind, please could you direct me where I can read why the HO dont look at maintenance? Just for my peace of mind.

Also do you know how I would work out my average income with my pay rise since April?

The formula says (total gross earnings over the period the employment has been held divided by the amount of months) X 12

How would I calculate this if since 1st April I have recieved an increase in my hourly wage?

Im so confused about this 😣

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seagul
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Re: Financial requirement calculation- help!

Post by seagul » Fri Apr 05, 2019 9:16 pm

The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Ac1994
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Posts: 3
Joined: Fri Apr 05, 2019 1:36 pm
United Kingdom

Re: Financial requirement calculation- help!

Post by Ac1994 » Sat Apr 06, 2019 9:15 pm

Thank you! :D

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