ILR financial requirements

[Rez987]

Hi everyone
I am applying for ilr on 1st December 2020. My husband lost his job January 2020 but fortunately I have been in this employment since August 2019. I am on a salary of £1580 a month. The bad news is I am losing my job at the end of September, means I will be short 2 months. How do I calculate the proper financial requirements?
Thank you

[zimba]

Hi everyone
I am applying for ilr on 1st December 2020. My husband lost his job January 2020 but fortunately I have been in this employment since August 2019. I am on a salary of £1580 a month. The bad news is I am losing my job at the end of September, means I will be short 2 months. How do I calculate the proper financial requirements?
Thank you

In order to apply under category A or B, you need to be in employment, otherwise you must find other ways to satisfy the financial requirement like using your savings, etc.

See: https://assets.publishing.service.gov.u ... .0-ext.pdf

[Rez987]

Thanks for the reply, Zumba.
I am still confused even after I read this article on the link : doesn't this apply to me? Thank you.

(Changes to the minimum income and adequate maintenance requirement.

If you’ve experienced a loss of income due to coronavirus up to 31 August, we will consider employment income for the period immediately before the loss of income due to coronavirus, provided the requirement was met for at least 6 months up to March 2020.

If your salary has reduced because you’re furloughed, we will take account of your income as though you’re earning 100% of your salary.)

[Rez987]

Thanks for the reply, Zimba.
I am still confused even after I read this article on the link : doesn't this apply to me? Thank you.

(Changes to the minimum income and adequate maintenance requirement.

If you’ve experienced a loss of income due to coronavirus up to 31 August, we will consider employment income for the period immediately before the loss of income due to coronavirus, provided the requirement was met for at least 6 months up to March 2020.

If your salary has reduced because you’re furloughed, we will take account of your income as though you’re earning 100% of your salary.)

[seagul]

Thanks for the reply, Zumba.
I am still confused even after I read this article on the link : doesn't this apply to me? Thank you.

(Changes to the minimum income and adequate maintenance requirement.

If you’ve experienced a loss of income due to coronavirus up to 31 August, we will consider employment income for the period immediately before the loss of income due to coronavirus, provided the requirement was met for at least 6 months up to March 2020.

If your salary has reduced because you’re furloughed, we will take account of your income as though you’re earning 100% of your salary.)

A permanent loss of job most likely won't be seen as a temporary loss in income for which the temporary concession is in place as mentioned in this article.

[Rez987]

Ok. Got it thank you very much.
I will receive a letter on Thursday 1st October and my faith depend on it. Pray for me not to loose my job.

[seagul]

Ok. Got it thank you very much.
I will receive a letter on Thursday 1st October and my faith depend on it. Pray for me not to loose my job.

On the cessation of current furlough scheme, tsunami of redundancy/Job loss will abrupt. But on the flip side there is a similar scheme called "Job support scheme" is modelled coming to birth from November. Therefore, why not trying in persuading the present employer over it for keeping you employed.

https://www.gov.uk/government/publicati ... ort-scheme

[Rez987]

good idea. will do . i will keep you updated. thanks again

[Rez987]

I have received the letter with bad news I am afraid. I tried to convince them about the job support scheme but they are closing down I believe. therefore I have until the end of October which means I will need only one more month until the 1st of December to send my application.
On the other hand, whether I call it good or bad news, my husband will start, next week a part time job with minimum £800 a month. Would that help add up to the financial requirement do you think?
Thank you

[seagul]

On the other hand, whether I call it good or bad news, my husband will start, next week a part time job with minimum £800 a month. Would that help add up to the financial requirement do you think?
Thank you

That alone will be insufficient unless be conjoined with yours or other sources of income.

[Rez987]

Do you mean I can not conjoin his and mine because on the 1st of December I will be out of work therefore all my salary for the last 11 months not acceptable?

[seagul]

Do you mean I can not conjoin his and mine because on the 1st of December I will be out of work therefore all my salary for the last 11 months not acceptable?

Your all incomes until the date of application can certainly be combined with your partner income to meet the 2nd part of category B, where an income of £18600 should have been earned during the last 12 months. However, over fulfilling its first bit you might be failed because of not being employed on a job at the time of application giving you and/or your partner at least £18600 per year (£1550 per month).

[Rez987]

Thanks seagul.
It looks like I am doomed and gloomed unless I find work before 1st November. If not, what's my best bet? What should I apply for

[AmazonianX]

Thanks seagul.
It looks like I am doomed and gloomed unless I find work before 1st November. If not, what's my best bet? What should I apply for

Can you convince employer to keep you on till you submit your application?

[AmazonianX]

Thanks seagul.
It looks like I am doomed and gloomed unless I find work before 1st November. If not, what's my best bet? What should I apply for

Can you convince employer to keep you on till you submit your application?

Disregard previous, just read the company probably closing down.

[seagul]

Thanks seagul.
It looks like I am doomed and gloomed unless I find work before 1st November.

Yes precisely but it isn't at all dystopian as most of us are in same boat

If not, what's my best bet? What should I apply for

Since your pre-exerted vehemence over reversing the situation has been failed, so play a "gamble once in a life" by applying exactly on the day when you will loose your job by making sure to collect everything before doing so, and then just apply with an optimism that the caseworker wont liaise with your employer whilst will make the decision when you would have completed the qualifying period. Even in the worst case scenario, whether you adopt this risky manoeuvre or not, you might be offered flrfp, therefore, try this one out.

[Rez987]

The day I loose my job is 31st October, too early to apply. Unless the case worker won't do his job properly it will definitely be obvious. And getting an employment letter that should say I am still working there a week or so earlier before the end of my redundancy will sound obvious too. Anyway I would loose the huge fee on refusal for ilr.
I am going to look to the savings I had, I know I had a bit more than £16000 for the last year but it might have got down to below £15000 for few weeks now and again. If I had taken let's say £5000 for 2 weeks and put them back in, would that hinder the operation? If not Would this savings be sufficient to add to our income?

[seagul]

I am going to look to the savings I had, I know I had a bit more than £16000 for the last year but it might have got down to below £15000 for few weeks now and again.

Any amount below than the £16000 wont be considered and also the lowest balance figure during the last 6 months will be considered.

If I had taken let's say £5000 for 2 weeks and put them back in, would that hinder the operation? If not Would this savings be sufficient to add to our income?

These need to stay in account for at least 6 months.

[Rez987]

I have calculated all 3 accounts, 2 mine and 1 joint. I looked at the balance at the end of every month since June, of the 3 accounts. Minimum amount was £17400 so far. My question is, does the key worker look at the balance of the end of the month or of every day balance for 6 months?

[CR001]

For the full 6 months.

Your savings relevant will only be £1,400 as the first £16000 is not counted.

[Rez987]

I am sorry I don't get it. Where would the case worker look for the lowest balance figure? The end of the month balance or throughout the month?
How do I add or calculate the £1400 you mentioned? Sorry for being dumb

[Rez987]

And 1 more thing, as I mentioned my husband started work on Monday will be earning £800 a month. How do I add his to my income plus the £1400 you mentioned?

[seagul]

I am sorry I don't get it. Where would the case worker look for the lowest balance figure? The end of the month balance or throughout the month?
How do I add or calculate the £1400 you mentioned? Sorry for being dumb

Lowest balance figure on any day during the last 6 months from the date of application. You can add £1400 into your wages without dividing by 2.5.

[Rez987]

How about the 2 months " Oct +Nov" my partner is going to earn in total of minimum £1600.
can I add my income ( £1580x11= 17380) + my partner's income £1600 + £1400 savings, all this add up to £20380.
The only hiccup here is me not working on the day of application but my partner will still be working.
Note: although my salary went down since March because of covid-19 to well below the financial requirement, I calculated 100% of my salary, of before march, because of new immigration rules.

[seagul]

How about the 2 months " Oct +Nov" my partner is going to earn in total of minimum £1600.
can I add my income ( £1580x11= 17380) + my partner's income £1600 + £1400 savings, all this add up to £20380.

Yes by doing so one of the pivotal part of category B can be met.

The only hiccup here is me not working on the day of application but my partner will still be working.

But unfortunately, here the other ingredient of category B might not be fulfilled, according to which you and/or your partner should be earning at least £18600 (£1550 pcm) on the date of application, which in your case is only £800 pcm.