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12 months' income and conversion problem...

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

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sen
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Posts: 20
Joined: Mon Apr 18, 2005 12:21 pm

12 months' income and conversion problem...

Post by sen » Fri Jul 29, 2005 1:28 pm

My salary over the past 12 months is just in the margin to get my 25 points for earnings...

My query is about consolidated per annum's earning in GBP:
is the conversion done on the consolidated annual income or as per the conversion rate on that pay day in payslip???

thanks in advance!

rao166
Member
Posts: 103
Joined: Wed Jun 15, 2005 8:41 am

Post by rao166 » Fri Jul 29, 2005 1:37 pm

I converted my income to GBp at the rete of that day when i applied. The reason behind is taht now a dayz GBP rate is lower than the composite rate of whole year.

U may convert each months salary into GBP at the rate of that day when u received it. after summing it up u may compare it with todays rate and then go for the option which suits u best.

I use www.xe.com for currency conversion.

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