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Set M, Financial Requirement, Cat B

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nice111
Member
Posts: 129
Joined: Wed Jun 15, 2016 4:07 am

Online Set(M) and financial requirements..CONFUSED..

Post by nice111 » Fri Nov 09, 2018 6:38 pm

Does online application Set(M) ask for financial details and employment details?

Situation

I left my job and already earned more than 25K since April this year from the same job. Now moving to a different organisation but they are opening vacancies in mid Dec with Jan 2019 Start. So I will hopefully be starting a new Job in Jan 19 with more than £18600 annual salary.

I have following queries and would appreciate any advice.

1. Would I need to use Category B to satisfy £18600 requirement?

Confusion starts now
2. To get a VCAS (new system) premium appointment in Jan for Set(M) for my wife, We need to submit online application somewhere end of Nov or start Dec and at that time I would not be employed but will be employed at the time of premium appointment so if HO ask for financial details in online application then I am confused how to complete the financial part and book the appointment. If I leave it till I start my new job then I wont be getting on time premium appointment.
What will be the way out of the above situation (2)?

nice111
Member
Posts: 129
Joined: Wed Jun 15, 2016 4:07 am

Re: Online Set(M) and financial requirements..CONFUSED..

Post by nice111 » Sat Nov 10, 2018 9:21 am

Any thoughts?

nice111
Member
Posts: 129
Joined: Wed Jun 15, 2016 4:07 am

Re: Online Set(M) and financial requirements..CONFUSED..

Post by nice111 » Sun Nov 11, 2018 8:57 am

Anyone here to help?

nice111
Member
Posts: 129
Joined: Wed Jun 15, 2016 4:07 am

Set M, Financial Requirement, Cat B

Post by nice111 » Wed Nov 21, 2018 10:17 pm

Hi Guys

I am applying for my wife's Set M in Jan 19 and will be going under category B as I will be starting a new job soon (before applying for Set M).

I will meet the requirement Under part (1) because I will be employed and my annual salary will be more than £18600.

I am bit confused regarding part (2). Will CW calculate last 12 months income prior to application date or only last 6 month's income?

My 1st job in this year was employed and I earned the following gross salary since Jan 18 till Oct 18.

Jan 18: Basic £2,500.00 + COMMISSN £510.39 = 3,010.39
Feb 18: Basic £2,500.00 + COMMISSN £529.41 = £3,029.41
March 18: Basic £2,500.00
April 18: Basic £2,500.00 (Basic Increased from April but will be adjstd in May)
May 18: Basic £3,250.00 PAY + ADJ £750.00 + COMMISSN £707.58 = £4,707.58
June 18: Basic £3,250.00
July 18: Basic £3,250.00 + COMMISSN £3,371.40 = £6,621.40
Aug 18: Basic £3,250.00
Sep 18: Basic £3,250.00
Oct 18: Pro-rata basic as I left the Job before end of month Basic £1,950.00 + HOLIDAY £825.00 = £2,775.00

Nov 18: 0 (Not working)
Dec 18: will be on new job earning more than £2000 Basic/Month.

Any advice will be much appreciated.
Thanks in anticipation.

nice111
Member
Posts: 129
Joined: Wed Jun 15, 2016 4:07 am

Re: Set M, Financial Requirement, Cat B

Post by nice111 » Sat Dec 15, 2018 1:42 pm

Hi Guys

I hope somebody would be helpful and reply now.

I have started my new job this month and will get my first wage paid end of this month which will be around £1833 basic.

Above mentioned is my previous job's income. There is a month (Nov 18) gap when I was unemployed.

Can someone please shed some light on the following.

1. I guess I don't fall under Category A so It should be Category B which I will be using.

If Cat B then
2. I will meet the requirement Under part (1) because I will be employed and my annual salary will be more than £18600.

3. I am bit confused regarding part (2). Will CW calculate last 12 months income prior to application date or only last 6 month's income?

4. Would CW take the average of the last 6 months income or how does it work?

Thanks

nice111
Member
Posts: 129
Joined: Wed Jun 15, 2016 4:07 am

Re: Set M, Financial Requirement, Cat B

Post by nice111 » Mon Dec 17, 2018 8:27 pm

Any senior member would be able to help with above questions.

It seems that my post has become invisible.

nice111
Member
Posts: 129
Joined: Wed Jun 15, 2016 4:07 am

Re: Set M, Financial Requirement, Cat B

Post by nice111 » Tue Dec 25, 2018 11:41 am

??

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