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Hello,
I am due to file my ILR soon. I am presently on HSMP Tier1 General Visa. I would like to know regarding proofs for Income is the following sufficient? I am employed through my own limited company on contracts and I am showing annual income as 42K(10K Salary + 32K dividends). I am showing the following proofs.

1. Payslips
2. Bank statements
3. CA Letter
4. Dividend Vouchers (Self Generated)

1. Is the 42K Income of Salary + Dividend allowed? Are we allowed dividends as part of Income?

2. Do I need to show any documents for my company? I have filed tax for my company in September. Do I need to file tax again before I submit my visa or will the Provisional Profit/Loss Statement from CA for the interim period Sept - Apr is sufficient?

I happen to show myself as an employee when applying for ILR so I am confused as to whether I need to worry about filing the profit/loss accounts with the companies house now? Kindly help.

Many Thanks

All,

I am also concerned as to what exactly is meant by new proposal from 6th Apri 2013:

7.6 The Tier 1 (General) category, for highly skilled workers, is now closed to new applicants but remains open for extension and settlement applications. A small change is being made to this category in response to the introduction of the Government’s new “employee-owner” initiative. The change confirms that if applicants exchange some of their UK employment rights for shares as an employee-owner, the value of those shares will not be included when calculating the points awarded for an applicant’s previous earnings.

What does it exactly mean? What should be my correct total income, is it still salary + dividend? or something else?

Appreciate if you guys can share your thoughts/understanding.

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Not getting responses, wondering I am asking correct question or not...
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