Bond pymnt from employer-whether qualifies for salary proof

[hsmp_aspi]

Hi friends

I was under a bond with my employer wherein the employer was to pay me a fixed lumpsum amount after completion of 2 years. The bond was there because the employer had provided me specialised training which was going to be used on my job.

Now, this lumpsum payment reflects in my payslip under the head "Bond payment". Whether there are any rules as to which heads should be included in the salary and which should not? I hope this amount is not excluded which calculating the gross income.

Any guidance in this regard would be highly appreciated.

Thanks in advance
Ashish

[pkumar]

I would avoid it as it is not bonus or salary ... if you can make points without that then it would be safe.

[mvent00]

Hi friends

I was under a bond with my employer wherein the employer was to pay me a fixed lumpsum amount after completion of 2 years. The bond was there because the employer had provided me specialised training which was going to be used on my job.

Now, this lumpsum payment reflects in my payslip under the head "Bond payment". Whether there are any rules as to which heads should be included in the salary and which should not? I hope this amount is not excluded which calculating the gross income.

Any guidance in this regard would be highly appreciated.

Thanks in advance
Ashish

Yes, as per UKBA Tier 1 guidance you can claim it because it is mentioned in your payslip.

Quote from Guidance:
124. We will only accept allowances as earnings if they are declared in the applicant’s payslips and there is a contractual obligation on the employer’s part to make these payments.

http://www.ukba.homeoffice.gov.uk/sitec ... idance.pdf page 23 of 44.

[hsmp_aspi]

Thanks a lot.....