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Need guidance on Maintenance funds and previous earnings.

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

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HopeFloatsTier1
Newly Registered
Posts: 13
Joined: Wed Oct 13, 2010 4:44 pm

Need guidance on Maintenance funds and previous earnings.

Post by HopeFloatsTier1 » Sun Oct 24, 2010 4:21 am

Hello Mods/Experts,

I am a newbie on this forum and keen on obtaining a Tier-1 permit. I would like some guidance on the Maintenance funds and previous earnings.

I have my savings spread out over different banks. Please let me know if there is a limit to the number of bank accounts that can be mentioned in the case.

I also hold a couple of fixed deposits which are jointly held by myself and my wife. Can these FD’s also be taken into account?

Secondly, for the previous earnings section, I have a part time income from some quality audits that I undertake apart from my regular salary. Can I mentioned these and gain points too?

Thanks for the help,

Regards,
B.S.S

aruni4470
Diamond Member
Posts: 1615
Joined: Fri Nov 16, 2007 9:54 pm
Location: Cambridgeshire

Re: Need guidance on Maintenance funds and previous earnings

Post by aruni4470 » Sun Oct 24, 2010 5:55 am

HopeFloatsTier1 wrote:Hello Mods/Experts,

I am a newbie on this forum and keen on obtaining a Tier-1 permit. I would like some guidance on the Maintenance funds and previous earnings.

I have my savings spread out over different banks. Please let me know if there is a limit to the number of bank accounts that can be mentioned in the case.
You can show a combination of accounts for maintenance fund.

I also hold a couple of fixed deposits which are jointly held by myself and my wife. Can these FD’s also be taken into account?
Have a look at this sticky Using fixed deposits as evidence of maintenance funds

Secondly, for the previous earnings section, I have a part time income from some quality audits that I undertake apart from my regular salary. Can I mentioned these and gain points too? Yes you can,provided you can supply proofs that you earned this money. Have a look at the Policy Guidance where all the documents required to prove your income are clearly mentioned.

Thanks for the help,

Regards,
B.S.S

HopeFloatsTier1
Newly Registered
Posts: 13
Joined: Wed Oct 13, 2010 4:44 pm

Re: Need guidance on Maintenance funds and previous earnings

Post by HopeFloatsTier1 » Sun Oct 24, 2010 7:19 am

aruni4470 wrote:
HopeFloatsTier1 wrote:Hello Mods/Experts,

I am a newbie on this forum and keen on obtaining a Tier-1 permit. I would like some guidance on the Maintenance funds and previous earnings.

I have my savings spread out over different banks. Please let me know if there is a limit to the number of bank accounts that can be mentioned in the case.
You can show a combination of accounts for maintenance fund.

I also hold a couple of fixed deposits which are jointly held by myself and my wife. Can these FD’s also be taken into account?
Have a look at this sticky Using fixed deposits as evidence of maintenance funds

Secondly, for the previous earnings section, I have a part time income from some quality audits that I undertake apart from my regular salary. Can I mentioned these and gain points too? Yes you can,provided you can supply proofs that you earned this money. Have a look at the Policy Guidance where all the documents required to prove your income are clearly mentioned.

Thanks for the help,

Regards,
B.S.S
thanks Aruni

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