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Spouse Visa-Company Director Financial Requirements

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Andywu99
Newly Registered
Posts: 2
Joined: Mon Apr 11, 2022 12:41 am
China

Spouse Visa-Company Director Financial Requirements

Post by Andywu99 » Sun Apr 17, 2022 11:37 pm

Dear All:

thank you for your time reading this.

I have did quite a lot research but I would like to get ensured.

First of all, my lastest annual company account date is Oct 2020-September 202. I believe this is ok right?

I have two companies.

Company A: PAYE and Dividend to myself and my wife
Company B: Dividend Only to myself.

I can meet the requirements solely on Company A. So I do not plan to mention anything about company B. I think it is okay as well right?

My biggest Problem is the time difference for dividend notes and actually paying myself the dividend. I have seen others get refused because of that! Meanwhile, I actually missing two months' salary payment as I was stupid enough to take the money in advanced as director loan and balance it off in the account. However it does not show in my personal bank statements.

The good point is Our bank statements still shows the total salary payments to my wife and myself are £23.5 k in total for the time period. Should I only reply on the PAYE income. Meanwhile, I submit all the documents for Company A they required plus Dividend notes.


My second problem is I actually switching my business bank toward to end of December 2020. I download 99% of the statement but left out the last few days. However, I made the December salary payment from my previous business Bank ...... I can not show to case worker the payments.......... Fortunately, the total gross income is still over 18.6k without the income of December 2020.

Please advise whether I am still met the financial requirement as company director.

Many thanks
regards
Andy

sohail111
Junior Member
Posts: 84
Joined: Sat Dec 14, 2019 6:45 am
United Kingdom

Re: Spouse Visa-Company Director Financial Requirements

Post by sohail111 » Mon May 02, 2022 9:37 pm

To avoid confusion are you applying as PAYE, if so then no need to mention company director this and that etc...

Just show your 6 months of payslips, which equate to the c£18k and then include in your supporting statement any changes in your administrative circumstances (like paying your salary late as a director and I suppose the only thing about your dividends which matter is when it landed into your account)
But if you are literally getting a salary every month (4/6 without issue) show that and then explain the other 2.

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