ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

help for Financial requirements for FLRM ILR

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

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

Locked
lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

help for Financial requirements for FLRM ILR

Post by lala1234 » Tue Nov 26, 2019 10:26 pm

Hello

my case is question very complicated

I am a dependent wife of british husband, and about to apply for ILR in january 2020. I am not working because a house wife full time.

My husband is company director and shareholder whose company accounts due on 28 February each year. My husbands last financial year earnings was 12k. my husband is employed by his company since January 2019 and his pay is 1000 pounds per month. he has earned dividends in past 12 months which are 8000 pounds so far so total earning in past 12 month is 20k from January 2019 to December 2019( dividends earning can only be shown in management accounts before visa is due in January 2020, because company accounts are due in February 28 2020)

however company accounts submitted for the period of 28 febraury 2018 to 27 February 2019 show gross profit of only 1800 and my husbands total earning in last financial year was 12k.

so in last 12 months my husband earned 20k ( 12k salary and 8 k dividends), but will the home office accept dividends earning which can be shown through management accounts by the accountant?

i would be grateful for the help

geoeng
Senior Member
Posts: 953
Joined: Fri Aug 30, 2019 11:54 am
Canada

Re: help for Financial requirements for FLRM ILR

Post by geoeng » Wed Nov 27, 2019 8:19 am

lala1234 wrote:
Tue Nov 26, 2019 10:26 pm
so in last 12 months my husband earned 20k ( 12k salary and 8 k dividends), but will the home office accept dividends earning which can be shown through management accounts by the accountant?
Have a read of the guidance document linked below for meeting the financial requirement under Category F or G (from page 60). You can use earning from dividends, but they have to be earned in the same period covered by the Company Tax Return (last full financial year). You would also have to provide personal bank statements showing the dividends were paid.

https://assets.publishing.service.gov.u ... -ext_1.pdf
I'm just a guy on the Internet who immigrated to the UK. My opinions are based on my experience and interpretation of the immigration rules and should not be considered legal or immigration advice; your mileage may vary.

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Wed Nov 27, 2019 3:15 pm

thank you Geong for the reply

just One more question

my husbands company accounts are from feb 2018 to feb 2019 since last 3 years( already submitted and had income of 12k required is 18.6k). and my visa due date is 10 january 2020. the next company accounts( which will have 20k income) will not be due before visa the date of january 2020. if my husband change his companies annual accounts date from february to december from companies house making it 2 months earlier, and submit my next company accounts in december 2019 just before my visa due date of january 2020. which will show all dividends and required income of last 12 months.

do you think its a good idea or not?

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Thu Nov 28, 2019 2:14 pm

any one else who can take this question plz??

User avatar
zimba
Moderator
Posts: 20117
Joined: Mon Aug 11, 2014 5:13 pm
Location: UK
Mood:

Re: help for Financial requirements for FLRM ILR

Post by zimba » Thu Nov 28, 2019 5:12 pm

lala1234 wrote:
Wed Nov 27, 2019 3:15 pm
thank you Geong for the reply

just One more question

my husbands company accounts are from feb 2018 to feb 2019 since last 3 years( already submitted and had income of 12k required is 18.6k). and my visa due date is 10 january 2020. the next company accounts( which will have 20k income) will not be due before visa the date of january 2020. if my husband change his companies annual accounts date from february to december from companies house making it 2 months earlier, and submit my next company accounts in december 2019 just before my visa due date of january 2020. which will show all dividends and required income of last 12 months.

do you think its a good idea or not?
READ THE GUIDE above !!!
The UKVI will use the latest tax year as per previous CT600. You cannot trick them :!:
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Fri Nov 29, 2019 12:48 am

thank you zimba i appreciate

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Mon Dec 09, 2019 5:16 pm

thank you for your response

there are couple of things still confuse me

1, when i attach husbands company ct600 for latest company accounts it made 4000 pounds profit in that year, however my husband made 19k in form of pay and dividends( from 6 april 2018 to 5 april 2019). does it matter how much company made in last ct600 accounts? is there any thrshold?

2, the husband salary is 1000 pounds per month, which he withdrawn in his personal account bit by bit some times 100 some times 500 at different dates does it matter as he is the sole director of the company?

3, he also withdrawn the part of his salary into his personal business account with his name on the bank account and statements, is that ok?

regards

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Mon Dec 09, 2019 11:22 pm

any taker of my innocent questions :(

User avatar
zimba
Moderator
Posts: 20117
Joined: Mon Aug 11, 2014 5:13 pm
Location: UK
Mood:

Re: help for Financial requirements for FLRM ILR

Post by zimba » Tue Dec 10, 2019 12:38 am

Please read section 9.8 of the guide telling you what you need to send. You really need to read that document as repeated several times.
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Tue Dec 10, 2019 12:42 pm

thank you

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Wed Dec 11, 2019 2:10 pm

hi, can any one advice me how to book ilr appointment from Sopra Steria.
it is extremely complicated to understand how to book appointment for super service. i spent hours to understand but failed.
i also failed to understand how to fill and submit application online
my visa due in january 10.

any advice greatly appreciated

User avatar
zimba
Moderator
Posts: 20117
Joined: Mon Aug 11, 2014 5:13 pm
Location: UK
Mood:

Re: help for Financial requirements for FLRM ILR

Post by zimba » Wed Dec 11, 2019 2:46 pm

You must first choose your service and pay the fees and submit the application on the UKVI website. Afterwards you will be given the link to sign up with UKVCAS to get an appointment day. Due to large demand, UKVI may not offer you a super priority service option.
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Wed Dec 11, 2019 3:33 pm

thank you zima

i have started the application, it is asking who is my immigration adviser and his details, its not proceeding without his details. i do not have any adviser. what to do here?

User avatar
CR001
Moderator
Posts: 86958
Joined: Thu Mar 08, 2012 10:55 pm
Location: London
Mood:
South Africa

Re: help for Financial requirements for FLRM ILR

Post by CR001 » Wed Dec 11, 2019 3:34 pm

You must have ticked a box somewhere in a previous page that you have a representative which is why it is asking for this detail.
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.

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Wed Dec 11, 2019 4:07 pm

thank you

i am applying for ilr based on british partner who got settled on the basis of tier 1 general and got extension through flr(m)

so my ilr category will be Tier 1 general dependent? in the online application

User avatar
CR001
Moderator
Posts: 86958
Joined: Thu Mar 08, 2012 10:55 pm
Location: London
Mood:
South Africa

Re: help for Financial requirements for FLRM ILR

Post by CR001 » Wed Dec 11, 2019 4:09 pm

No, it is spouse of settled person.

You have to apply for ILR on form SET(M) if you have held a spouse settlement visa for 5 years.
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.

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Fri Dec 13, 2019 3:40 pm

thank you very much

does any one know if i could get super priority appointment or at least priority appointment for ilr set m

my visa expiry is 8 january 2020 and i am trying m to submit the application on ukvcas today?

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Sat Dec 14, 2019 2:45 am

can any one answer this please, i have planned a travel in the end of january hence quite worried about the appointment of super priority

User avatar
zimba
Moderator
Posts: 20117
Joined: Mon Aug 11, 2014 5:13 pm
Location: UK
Mood:

Re: help for Financial requirements for FLRM ILR

Post by zimba » Sat Dec 14, 2019 3:55 am

Super priority is difficult to find now
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

lala1234
Newly Registered
Posts: 13
Joined: Tue Nov 26, 2019 9:49 pm
Japan

Re: help for Financial requirements for FLRM ILR

Post by lala1234 » Sat Dec 14, 2019 2:57 pm

thanks wat about priority service? is there any other service which is not very expensive?

User avatar
zimba
Moderator
Posts: 20117
Joined: Mon Aug 11, 2014 5:13 pm
Location: UK
Mood:

Re: help for Financial requirements for FLRM ILR

Post by zimba » Sun Dec 15, 2019 5:55 pm

lala1234 wrote:
Sat Dec 14, 2019 2:57 pm
thanks wat about priority service? is there any other service which is not very expensive?
All services available to you are offered to you online as part of the application process. If only standard service is available, then that is the only option you got
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

t0mmy
Member
Posts: 167
Joined: Fri Apr 22, 2011 2:35 pm

Re: help for Financial requirements for FLRM ILR

Post by t0mmy » Fri Dec 20, 2019 3:13 pm

So can you please advise what have you decided. I am in a very similar situation. My last ct600 was from
March 2018 to March 2019. However I have decided to shorten the current financial year to Jan 2020(so April 2019 to Jan 2020. ilr due in Feb 2020) . In both years my dividends and salary combined meet the financial requirement.
Have you used the April 2018 - April 2019 year or the shortened account till Jan 2020? Also how have you addressed the payments going to your personal account(salary and dividends have to match exact dates and amounts)

User avatar
zimba
Moderator
Posts: 20117
Joined: Mon Aug 11, 2014 5:13 pm
Location: UK
Mood:

Re: help for Financial requirements for FLRM ILR

Post by zimba » Sun Dec 22, 2019 10:30 pm

t0mmy wrote:
Fri Dec 20, 2019 3:13 pm
So can you please advise what have you decided. I am in a very similar situation. My last ct600 was from
March 2018 to March 2019. However I have decided to shorten the current financial year to Jan 2020(so April 2019 to Jan 2020. ilr due in Feb 2020) . In both years my dividends and salary combined meet the financial requirement.
Have you used the April 2018 - April 2019 year or the shortened account till Jan 2020? Also how have you addressed the payments going to your personal account(salary and dividends have to match exact dates and amounts)
You can't shorten your tax year to qualify for a visa. It has to be the last FULL financial year corresponding to a 12 month accounting period :!: :!: READ THE GUIDE (section 9.3): https://assets.publishing.service.gov.u ... -ext_1.pdf
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

t0mmy
Member
Posts: 167
Joined: Fri Apr 22, 2011 2:35 pm

Re: help for Financial requirements for FLRM ILR

Post by t0mmy » Mon Dec 23, 2019 9:32 am

The last 'full' financial year is open to interpretation so am quite confused - can you pls see the below post.
Isn't it the same scenario?

immigration-for-family-members/financia ... 57953.html

Locked
cron