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HSMP extention - Earnings Section through Comapny account

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

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, Administrator

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rakeshj903
Newly Registered
Posts: 1
Joined: Fri May 08, 2009 1:10 pm

HSMP extention - Earnings Section through Comapny account

Post by rakeshj903 » Fri May 08, 2009 1:14 pm

I have HSMP extension in July 2009.

Now I’m working as a contractor in UK and I have my own billing company. I’m getting billing amount into my company.

I’m running payroll for nominal amount. The earnings showed in payslips are not enough to extend my HSMP.

Can you please clarify the below points:

1. Can I show the total amount earned in last 12 months and credited in to my company bank account under earnings section.
2. Is it possible to show both Payslips (payroll running for nominal amount) and amount earned through my business account (invoiced through company)

Thanks in advance for your help

ChetanOjha
Moderator
Posts: 2771
Joined: Thu Dec 28, 2006 12:49 am
Location: London
United Kingdom

Re: HSMP extention - Earnings Section through Comapny accoun

Post by ChetanOjha » Fri May 08, 2009 3:49 pm

Rakesh,

You cannot show your company's income as yours. If you are taking dividends from your company then you can provide payslips (with nominal salary)+dividend vouchers+letter from your accountant confirming the net amount of dividends along with your personl bank statement.


rakeshj903 wrote:I have HSMP extension in July 2009.

Now I’m working as a contractor in UK and I have my own billing company. I’m getting billing amount into my company.

I’m running payroll for nominal amount. The earnings showed in payslips are not enough to extend my HSMP.

Can you please clarify the below points:

1. Can I show the total amount earned in last 12 months and credited in to my company bank account under earnings section.
2. Is it possible to show both Payslips (payroll running for nominal amount) and amount earned through my business account (invoiced through company)

Thanks in advance for your help

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