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Minimum Salary requirement: Bonus vs Basic Salary

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raykau
Junior Member
Posts: 89
Joined: Thu Feb 02, 2012 8:12 pm

Minimum Salary requirement: Bonus vs Basic Salary

Post by raykau » Fri May 03, 2013 1:56 pm

Hello Everyone

I am not sure whether this has been responded to before but would like this to confirmed.

The minimum salary requirement, does it allow Bonuses to be included as well. If my basic salary is just a little less (~500 pounds) than what is mentioned on the SOC but adding bonuses it goes higher is it fine? My last p60 shows my yearly salary higher than the minimum requirement but if my monthly salary (apart from the yearly bonus) X 12 is a little less - should it be fine or will I need a raise?

Please advice?

Many Thanks

raykau
Junior Member
Posts: 89
Joined: Thu Feb 02, 2012 8:12 pm

Post by raykau » Sun May 05, 2013 11:21 am

Can anybody advice on this please??

Thanks

tanvirni
Member
Posts: 120
Joined: Wed Sep 26, 2007 4:31 pm

Post by tanvirni » Sun May 05, 2013 2:29 pm

raykau wrote:Can anybody advice on this please??

Thanks
You need show your recent salary sleep and your bank statement (dated less then one calender month) to prove that you earning same or more than what required.

People provide P60s to show they were economically active.

Bonus will not count towards your salary requirements.

So, you need to provide at least one payslip which shows that you are met the earnings.

verri
Newly Registered
Posts: 21
Joined: Wed May 01, 2013 11:00 am
Location: United Kingdom

You are fine mate

Post by verri » Sun May 05, 2013 5:30 pm

tanvirni wrote:
raykau wrote:Can anybody advice on this please??

Thanks
You need show your recent salary sleep and your bank statement (dated less then one calender month) to prove that you earning same or more than what required.

People provide P60s to show they were economically active.

Bonus will not count towards your salary requirements.

So, you need to provide at least one payslip which shows that you are met the earnings.
Bonus / Dividends all will count as earnings. You are fine.

superfox
Newly Registered
Posts: 18
Joined: Sun Jan 10, 2010 9:09 pm

Post by superfox » Sun May 05, 2013 7:12 pm

bonus can be included as well. I included my bonus when applying for Tier -1 extension and ILR.

tanvirni
Member
Posts: 120
Joined: Wed Sep 26, 2007 4:31 pm

Re: You are fine mate

Post by tanvirni » Sun May 05, 2013 9:40 pm

verri wrote:
tanvirni wrote:
raykau wrote:Can anybody advice on this please??

Thanks
You need show your recent salary sleep and your bank statement (dated less then one calender month) to prove that you earning same or more than what required.

People provide P60s to show they were economically active.

Bonus will not count towards your salary requirements.

So, you need to provide at least one payslip which shows that you are met the earnings.
Bonus / Dividends all will count as earnings. You are fine.
Can Tier 2 show bonus as income?

raykau
Junior Member
Posts: 89
Joined: Thu Feb 02, 2012 8:12 pm

Post by raykau » Tue May 07, 2013 2:32 pm

Can Old Work Permit show bonus as part of the minimum income requirement?

please inf someone can advise on this

thanks

tanvirni
Member
Posts: 120
Joined: Wed Sep 26, 2007 4:31 pm

Post by tanvirni » Tue May 07, 2013 4:15 pm

raykau wrote:Can Old Work Permit show bonus as part of the minimum income requirement?

please inf someone can advise on this

thanks
May be not. Read point 49 and 78 from Tier 2 guidance will give you the idea.

http://www.ukba.homeoffice.gov.uk/sitec ... idance.pdf

superforx and verri can verify this for us.

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