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Hi

I am in the process of making ILR application for my wife, using SET (M) form . she is on FLR (M) visa at the moment.
I am sponsoring my wife, as a limited company director.
My company financial year is from 1st March 2020 to 28th February 2021. been operating the company for more than 5 years.
and I have also filed my Self Assessment tax return 5th April 2020 to 31st March 202.

My question is When calculating income, which period should I consider company financial year(1st March 2020 to 28th February 2021) or my self assessment tax return year (5th April 2020 to 31st March 2021)

should I also need to send SA302 too as proof of evidence?

I have been through the guidance but I am a bit confused with wording self employment and limited company director.

please advise. thanks in advance.

Company directors are NOT necessarily self-employed. This is a common misconception. However, in both cases, you need to file self-assessment. If you are not registered as self-employed with HMRC, you must rely on your company tax year and ignore the normal tax year period. You will need to submit CT600 rather than the self-assessment

https://assets.publishing.service.gov.u ... .0-ext.pdf

Thank you @Zimba, for quick response.
I am not registered as Self employed with HMRC but submitting SA returns every year.

so my financial requirement category would be Category F right ? So I should just submit CT600 along with other required documents.

Yes. The guide is quite clear.

For those employed as a director or other employee (or both) of a specified limited
company in the UK, the relevant financial year(s) will be that covered by the
Company Tax Return CT600 and corresponds to the 12-month accounting year of
the company.

The documents are under "Director or employee of a specified limited company in the UK – specified evidence" section in the guide

Thank you Zimba.

I am making Set (M) application for my wife, and I am sponsoring her as limited company’s director. I have booked appointment for next week.
In the last minute I realised that there is 32p difference between payslip and bank statement.
Payslip amount is 980.80 but I paid myself 980.48(not sure what I was thinking while transferring) and this 980.48 reflects on both business bank statement and personal bank statement.

Would this discrepancy lead to visa refusal ?
Any one had similar issue ? What’s the right course of action to rectify this ?

No issue