Spouse visa financial requirement for Contractors

[asim72]

You say that its not a requirement.

But, under the requirements you have copied, it is a requirement. Its mentioned a few times in what you have copied.

[MPH80]

You say that its not a requirement.

But, under the requirements you have copied, it is a requirement. Its mentioned a few times in what you have copied.

Reason not to trust people who post on forums number 537: People like me who don't read every single word closely and mistake an AND for an OR.

(This is also a good reason why everyone should DYOR)

I take it back - a company tax return is required - but it isn't the be all and end all as you've outlined.

[frustratedbrit]

So, according to paragraph 9 quoted, the company's latest "audited" annual accounts are what is needed. So, according to the immigration rules, given that a company can file accounts up to 9 months after the end of the company's financial year (I was previously mistaken to say 10 - it has recently been reduced to 9), then the accounts are allowed to be for a company tax year that ended up to 21 months ago. Am I right or am I wrong?

[olawest]

I created this thread to highlight my concerns about how the financial requirements for spouse visa did not cover limited liability contractors that are in their first trading year and have been salaried employees previously.

I showed my dividends/salaries for 6 months which exceeded £18,600 and added my savings and added a cover letter that explained my peculiar circumstances. The VFS made me to sign a sponsorship declaration form.

The conclusion is my spouse got the visa approval within 6 business days. I am keen to share details of my cover letter with any one. This is to encourage others in similar situations not to lose hope. There is hope!

[sanfus]

Hello All, I am a newbie to this forum

I am planning to apply for Spouse visa for my wife under Partner of British Citizen category. Currently i run a Limited Company in UK for which i am the sole Director and 100% shareholder.

Though i am the Director of my limited company and self employed i had never with drawn any salary from my company . as a 100% shareholder I've withdrawn DIVIDENDS of £29000 during 12 months period prior to my application date only.

I am planning to meet the Financial Requirement thru NON EMPLOYMENT INCOME source only ( i.e DIVIDENDS from shares ONLY not SALARY) .

as per the FM1.7 supportive document provided by UKBA to Evidence Dividends income from shares, the following supporting documents are required

1)A Certificate showing proof of Ownership

2) Personal Bank Statements for the 12 month period prior to the date of application showing that the income relied on was paid into an account in the name of the person


For proof of Ownership i have a letter from Company House stating i am the sole director and 100% share holder of the Company also i have a letter from my Accountant stating the same and my personal bank statements showing entries of Dividends received from my Business Account.

Can any one please advise if i can apply for spouse visa using the above category and evidences stated above only

Appreciate your quick response

many thanks

[aesuruoso]

I created this thread to highlight my concerns about how the financial requirements for spouse visa did not cover limited liability contractors that are in their first trading year and have been salaried employees previously.

I showed my dividends/salaries for 6 months which exceeded £18,600 and added my savings and added a cover letter that explained my peculiar circumstances. The VFS made me to sign a sponsorship declaration form.

The conclusion is my spouse got the visa approval within 6 business days. I am keen to share details of my cover letter with any one. This is to encourage others in similar situations not to lose hope. There is hope!

@olawest.. I currently have exactly the same scenario as you:

* I contract through a limited liability company which is in it's first year of trading (No audited accounts or Company Tax Return yet..)
* I have personally paid myself dividends/shares which are over the £18,600 financial requirement.
* My spouse is currently applying from West Africa.

I too will write a cover letter explaining my scenario and sign the sponsorship declaration form. Could you give me a hand by telling me which Income Category you used to prove you met the financial requirements? Was it Category F/G?

[CR001]

I created this thread to highlight my concerns about how the financial requirements for spouse visa did not cover limited liability contractors that are in their first trading year and have been salaried employees previously.

I showed my dividends/salaries for 6 months which exceeded £18,600 and added my savings and added a cover letter that explained my peculiar circumstances. The VFS made me to sign a sponsorship declaration form.

The conclusion is my spouse got the visa approval within 6 business days. I am keen to share details of my cover letter with any one. This is to encourage others in similar situations not to lose hope. There is hope!

@olawest.. I currently have exactly the same scenario as you:

* I contract through a limited liability company which is in it's first year of trading (No audited accounts or Company Tax Return yet..)
* I have personally paid myself dividends/shares which are over the £18,600 financial requirement.
* My spouse is currently applying from West Africa.

I too will write a cover letter explaining my scenario and sign the sponsorship declaration form. Could you give me a hand by telling me which Income Category you used to prove you met the financial requirements? Was it Category F/G?

This topic is more than 3 years old and this user last logged onto the forum in December 2012. Please refrain from digging up old posts and tagging onto other members topics. Best to start your own topic with spouse visa questions.