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Financial requirements FLR(M)

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nandug23
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Joined: Fri Sep 06, 2013 3:29 pm

Financial requirements FLR(M)

Post by nandug23 » Thu Aug 10, 2017 2:45 pm

HI all,

My wife will be applying for her FLR(M) visa (2nd part of 2.5 yrs). We are both self employed and directors of our limited company. I'm a little confused with regards to the situation I'm in.

We both earned 30K (salary 11K + 20K dividends) in the last financial year that is Apr 2016 - Mar 2017 as per the self assessment tax returns filed with HMRC and the annual company tax returns (company fin year July 16 - June 17). A few questions here please

1) If part of these dividend amounts were credited to our personal accounts after Mar 2017, would these contribute to the financial requirement amount or would they be excluded out of the 18,600 requirement? (we transferred dividends to our accounts only whilst required)

2) And as part of the documents required, I'm submitting the P60 returns, payslips, dividend vouchers, original bank statements of personal and business accounts, accountants letter, company tax returns (CT600) and VAT returns. Hope these are sufficient.

Thanks,
Nanda.

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