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Need Help - Financial Requirement Form

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masteriori
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Need Help - Financial Requirement Form

Post by masteriori » Sat Nov 02, 2013 9:43 pm

Hi all,

Currently, I am in the process of completing financial requirement form and need your help fill in one or two places.

I have two jobs and my salaried total exceeds the minimum (£18,600) required.

1) Which category to select? A or B
2) Where do I give details to my 2nd job? Part 3A or 5?

Thanks in advance

Amber
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Post by Amber » Sat Nov 02, 2013 10:22 pm

How long have you been employed with the companies? Are you salaried, if so, what is the lowest gross income (month) in the last 6 months for each job?
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SoHopeful
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Post by SoHopeful » Mon Nov 04, 2013 12:52 pm

Put extra employment information in Part 5.

As mentioned, it depends on how long you have been in both jobs as to which category you use.

masteriori
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Post by masteriori » Fri Nov 08, 2013 7:30 am

Thank you both for your help.

I have been with Company A for 18+ months and into 3rd month with Company B. Which category should I tick?

Help will be appreciated.

Amber
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Post by Amber » Fri Nov 08, 2013 7:50 am

It depends how much you've earned in the jobs gross. If job A is salaried, what is the lowest gross monthly wage in the last 6 months? For job B how much have you earned gross since you've been employed?
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masteriori
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Post by masteriori » Sat Nov 09, 2013 7:51 pm

D4109125 wrote:It depends how much you've earned in the jobs gross. If job A is salaried, what is the lowest gross monthly wage in the last 6 months? For job B how much have you earned gross since you've been employed?
From Job A, I have earned just over £1,200 and £375 from Job B gross monthly in wages respectively.

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Post by Amber » Sat Nov 09, 2013 7:56 pm

What is your annual gross income from job B and how much have you actually earned for job B in the last 12 months? Same for job A and do you have savings?
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masteriori
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Post by masteriori » Sun Nov 10, 2013 10:55 pm

D4109125 wrote:What is your annual gross income from job B and how much have you actually earned for job B in the last 12 months? Same for job A and do you have savings?
For Job A, my annual gross income is £14,500 in the last 12 months. As stated above, this is my only 3rd month into my 2nd job and annual gross income is set to be £4,500.

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Post by Amber » Mon Nov 11, 2013 2:29 am

Then you don't appear to have reached the financial requirement. You'll likely have to wait till you've earned the cat b requirement for job B. I've assumed the jobs are salaried.

Consider also, the EEA route.
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SoHopeful
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Post by SoHopeful » Mon Nov 11, 2013 4:55 pm

Once you have reached the period where you have earned the required amount in the last 12 months you can apply using cat B. You can apply with Category A once you have been in your second job for 6 months. I guess whichever one happens quicker...

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