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Dividends and earning period

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

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tier1-immigrant
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Posts: 154
Joined: Mon Aug 13, 2012 7:07 pm

Dividends and earning period

Post by tier1-immigrant » Mon Apr 14, 2014 11:00 am

Hi
I have been contracting since Sept 2013 till March 2014. Assume total dividend I can draw from this is 25K.
I need to earn 25K more (total 50K) for my visa extension, and I am thinking of taking a permanent role now.

Question is :
If I have transferred 25K dividend in the month of March 2014 to my personal account in a single transaction,
can this earning be considered for my 12 months earning period March 2014 to Feb 2015 ?

i.e. my earning will be as below
March 2014 25K from limited company
April 2014 to Feb 2015 25K as salary from a permanent role.

Is this possible ? Basically for the 25K earnings from limited company which I am transferring to my personal account, the corresponding invoices will be from Sept 2013 to March 2014.

For 12 months period calculation, would UKBA consider invoice dates or the dates when the money is transferred to personal account.

tier1-immigrant
Member
Posts: 154
Joined: Mon Aug 13, 2012 7:07 pm

Re: Dividends and earning period

Post by tier1-immigrant » Tue Apr 15, 2014 9:32 am

Hi,
Any answers ??? Thank you.

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