Hi all!
The bonuses are on target, so very likely. We won't be able to provide 12 months payslips unless we wait for a year, as he's recently started this job. As for a letter, his employer can easily provide one. I thought it wouldn't be a problem at all, because the the appendix FM 1.7 financial requirement says:
"Overtime, commission-based pay and bonuses (which can include tips and gratuities
paid via a tronc scheme registered with HMRC) will be counted as income from
employment where they have been received in the 6 or 12 months prior to the date of
application as applicable. Sometimes the person will receive the same amount of
income from overtime each month; sometimes overtime payments will vary, with
different amounts (if any) each month. All overtime in salaried employment will be
calculated based on the approach to income from non-salaried employment. This will be
an annualised 6-month average for the overtime which will be added to the level of the
gross annual salary."
(
https://www.gov.uk/government/uploads/s ... t_2015.pdf)
I know that they take the lowest payslip, but from the appendix I got that that appplies for the base salary,for example, if you get a promotion and have been in the new position earning a higher ammount only 3 months prior to the date of application - in that case, they'll use your salary before the promotion for the calculation of your income. As for bonuses, it looks like they're consireded seperately and the total ammount that can be used towards the annual income is calculated "based on the approach to income from non-salaried employment", which means "an annualised 6-month average... which will be added to the level of the gross annual salary."
Also, this documment is from August last year, so maybe there have been changes?
What do you think?