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Meeting financial requirement with dividends

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thecomptroller
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Meeting financial requirement with dividends

Post by thecomptroller » Fri Mar 27, 2015 4:18 pm

In order to meet the financial requirement of £24,800 on Form FLR M, I have to rely on dividends from a first company and paye from a second company which is wholly owned by the first. Both companies are specified companies as defined in Para 9a of appendix FM-SE of the immigration rules (ie controlled by fewer than 5 people).

My dividends were very complicated in the first and last 3 months of the relevant firm's 12m accounting period. However, my monthly dividends in the middle 6 months were regular and identical and amount to a sum which is in excess of the sum needed.

Can I just rely on these 6 months dividends and forget about the others as it will be a nightmare to reconcile dividend slips with funds into my bank account (and out of the firm's account)? I am also including my paye of just under the sum needed in the calcs.

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