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Financial Requirement for FLR(M)

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haqhash
Member
Posts: 119
Joined: Wed Jun 03, 2015 7:59 pm

Financial Requirement for FLR(M)

Post by haqhash » Mon Feb 29, 2016 9:56 pm

Dear Members,
My wife and child will be applying as my dependents for ILR (LR) application next month. Our combined salary from limited company is more than £22400 for last 6 months. I am not taking any dividends from company. While filling her application form , will this come under salaried income OR self employment as Director?

In my opinion if i also had taken dividends then it would have come under self employed and we needed company account etc as well.

This is one topic which has never been answered clearly and i shall be v grateful if someone can reply

Many Thanks

haqhash
Member
Posts: 119
Joined: Wed Jun 03, 2015 7:59 pm

Re: Financial Requirement for FLR(M)

Post by haqhash » Sat Mar 05, 2016 12:12 pm

It appears that no has an answer...anyone?

Wanderer
Diamond Member
Posts: 10511
Joined: Thu Apr 21, 2005 1:46 pm
Ireland

Re: Financial Requirement for FLR(M)

Post by Wanderer » Sat Mar 05, 2016 1:59 pm

Salaried.

Also dividends aren't self-employed earnings, from memory they are considered 'unearned income'.

IMHO you will still need company accounts as you are directors of said Limited Company and UKVI will scrutinise your situation in greater depth.

You will be required to fill in Self Assessment too when the time comes.
An chéad stad eile Stáisiún Uí Chonghaile....

haqhash
Member
Posts: 119
Joined: Wed Jun 03, 2015 7:59 pm

Re: Financial Requirement for FLR(M)

Post by haqhash » Mon Mar 07, 2016 12:46 pm

Thanks Wanderer...
This is strange as for other type of dependent visa (even in case of limited company) HO criteria is different. They have totally different rules in case of FLR(M). e.g. if someone want to apply for spouse visa from overseas , requirements are different in comparison to FLR (m)

may need to opt for FLR FP instead

Thanks once again

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