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Tier 1 G. Ext. Earning Question.

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

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SKM
Newly Registered
Posts: 4
Joined: Fri Oct 14, 2011 6:39 pm
Location: Manchester

Tier 1 G. Ext. Earning Question.

Post by SKM » Fri Oct 14, 2011 8:28 pm

Hi,
My application of Tier 1 G was submitted on 13 July 2010. Got
Visa from 27 July 2010 till 26 July 2012.
entered in UK on 24 Oct.2010. could not find job, went back and continue job in UAE. again come back with family in June 2011. set- up a LLC company as Director, and started receiving my dividend in Sep 11.
Till Sep2011 I was also getting my overseas salary. Can I use my overseas salary for earning as follows (required to show 55K):
CAN I APPLY 2 MONTHS BEFORE THE EXPIRY TO USE MY UAE SALARY?
CAN USE THE FIRST 12 MONTHS OUT OF 15 MONTHS?
DO I NEED TO PAY ANY TAX ON MY DIVIDEND AS WELL (CO WILL NOT COMPLETE ONE YEAR TILL THE TIME OF EXTENSION?

Best Regards
SAK

Sushil-ACCA
Diamond Member
Posts: 1234
Joined: Wed Apr 02, 2008 2:47 pm
Location: Wembley Park

Re: Tier 1 G. Ext. Earning Question.

Post by Sushil-ACCA » Sat Oct 15, 2011 12:39 pm

SKM wrote:Hi,
My application of Tier 1 G was submitted on 13 July 2010. Got
Visa from 27 July 2010 till 26 July 2012.
entered in UK on 24 Oct.2010. could not find job, went back and continue job in UAE. again come back with family in June 2011. set- up a LLC company as Director, and started receiving my dividend in Sep 11.
Till Sep2011 I was also getting my overseas salary. Can I use my overseas salary for earning as follows (required to show 55K):
CAN I APPLY 2 MONTHS BEFORE THE EXPIRY TO USE MY UAE SALARY?

28 days before expiry of visa

CAN USE THE FIRST 12 MONTHS OUT OF 15 MONTHS?

yes
DO I NEED TO PAY ANY TAX ON MY DIVIDEND AS WELL (CO WILL NOT COMPLETE ONE YEAR TILL THE TIME OF EXTENSION?

tax on profit of ltd company r paid within 9 months of closing a/cs for a particualr accouting year

Best Regards
SAK
CDOKS

SKM
Newly Registered
Posts: 4
Joined: Fri Oct 14, 2011 6:39 pm
Location: Manchester

Post by SKM » Sat Oct 15, 2011 5:50 pm

Thank you very much for your reply, is it sure I cannot apply for extension before two month or at least 45 days. ? to avoid any circumstances. in case if I need to apply again I could have valid visa in that case?
and anybody can give me advice on the following as well.

I started receiving my dividend in Sep 11.
Till Sep2011 I was also getting my overseas salary. Can I use my overseas salary for earning as follows (required to show 55K):

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