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Dividend Vouchers

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

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MyHSMPApplication
Member
Posts: 248
Joined: Sun Feb 18, 2007 9:22 am

Dividend Vouchers

Post by MyHSMPApplication » Wed Mar 18, 2009 1:22 pm

Hi All,

Will dividend vouchers with Net Dividends and Tax Credit pose any problem in being considered as a valid document or should it contain gross dividends aswell?

My accountant is adamant on the point that just net dividends and tax credit should do the trick as he had provided the same for many of his clients for hsmp extension. However I any one with the above had indeed applied and got Tier I General extension please let me know

Can anyone please provide me a sample dividend voucher?


Cheers
PG

Vanadil
Senior Member
Posts: 526
Joined: Wed Oct 29, 2008 11:58 am
Location: London, UK

Post by Vanadil » Wed Mar 18, 2009 2:54 pm

I quite simply wouldn't have opened a Limited company on a Tier 1. It can create all kinds of problems such as this, but hey ho the seeds are sewn.


If your accountant is happy to take responsibility of your application if it fails then go for it. It may be worth seeking the advice of an immigration service just to double check and put your mind at rest.

MyHSMPApplication
Member
Posts: 248
Joined: Sun Feb 18, 2007 9:22 am

Post by MyHSMPApplication » Thu Mar 19, 2009 8:39 am

Hi Vanadil

[/quote]I quite simply wouldn't have opened a Limited company on a Tier 1. It can create all kinds of problems such as this, but hey ho the seeds are sewn.
There are loads of guys who have indeed got their extension with their ltd company. I believe that having setup the limited company provides you with loads of flexibility with regards to extension.

The question I had was fairly straightforward.
Will dividend vouchers with Net Dividends and Tax Credit pose any problem in being considered as a valid document or should it contain gross dividends aswell?

It is very evident from the dividend voucher what the gross and net dividend is. i.e. Net + tax credit is gross. However will the HO make a fuss about missing Gross dividend value.

I was going through the UK contractor's web site and their recommended divided voucher just contains net dividend and tax credit. Please note that this is just the general format nothing to do with Tier I General.

Seniors please comment

Cheers
PG

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