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Capital gains tax and spouse visa

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Imransyed295
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Pakistan

Capital gains tax and spouse visa

Post by Imransyed295 » Thu Dec 29, 2022 3:50 am

I sold an online business and made a profit of 50k plus if I pay capital gains tax can I apply for spouse visa for my wife?
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Imransyed295
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Posts: 40
Joined: Tue Oct 01, 2019 11:33 pm
Pakistan

Re: Capital gains tax and spouse visa

Post by Imransyed295 » Fri Dec 30, 2022 3:28 pm

?
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alterhase58
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Germany

Re: Capital gains tax and spouse visa

Post by alterhase58 » Fri Dec 30, 2022 4:33 pm

I am not familiar with spouse visa financial requirements - perhaps you could clarify so that other members can respond.
Sponsoring spouse based on having £50+ cash/savings in the bank after paying CGT?
This is just my opinion as a member of this forum and does not constitute immigration advice.
Please do not send me private messages asking for advice.
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CR001
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Re: Capital gains tax and spouse visa

Post by CR001 » Fri Dec 30, 2022 5:05 pm

To use cash savings etc, you need £62,500
Char (CR001 not Casa)
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Please DO NOT send me a PM for immigration advice. I reserve the right to ignore the PM and not respond.
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Imransyed295
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Posts: 40
Joined: Tue Oct 01, 2019 11:33 pm
Pakistan

Re: Capital gains tax and spouse visa

Post by Imransyed295 » Sat Jan 07, 2023 6:31 am

CR001 wrote: ↑
Fri Dec 30, 2022 5:05 pm
 To use cash savings etc, you need £62,500
I mean that minimum requirement is 18600. If I pay tax on the 50k my income will be more than 18600?
Or have I got it wrong?
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CR001
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Re: Capital gains tax and spouse visa

Post by CR001 » Sat Jan 07, 2023 8:13 am

Profit is not the same as annual salary income.
Char (CR001 not Casa)
In life you cannot press the Backspace button!!
Please DO NOT send me a PM for immigration advice. I reserve the right to ignore the PM and not respond.
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