pindbanda wrote:sha373 wrote:
Thank you dear for ur patience and guidance, really appreciate this
i want to reapply as soon as possible, i have following situations at the moment
1) using financial year feb2014 to jan2015 i don draw salary as a director so i calculated dividend during this period is £2900
and my payslips during this period from my security job is 15800 so total is £ 18700 can i reapply with this situation in sept2015??
2) With situation 1) above i worked domino from setp2013 till august 2014 can i use domino salary slips toward my earning? from feb 2014 till august 2015
3) my next financial year will be ended jan 2016 can i file early tax return in august 2015? i have enough dividend plus security wage slips to exceed £18600
sorry to bother you again and gain but will be thankful to u
Your questions are not bothering me. I’m glad to be able to provide my opinion. I wouldn’t however say it is guidance, as I am in no way an expert.
I’m sad to say that your situation is causing me concern. You are also not supplying sufficient detail to enable me to help you effectively. I cannot ascertain where you were employed through your company and when you were employed directly.
Firstly, you have to be very clear with regards to how you were employed. You mention two jobs: one with Dominos and the other doing some form of security. Did they pay you or did you invoice them through your limited company? If your limited company did the invoicing, which then deducted the tax and NI before paying you a monthly wage then you can use this in your Feb 2014 to Jan 2014 financial year. If they paid you as an employee then other rules apply that I am not familiar with.
Making an application using your own a limited company is not easy. It was a nightmare for me to get the necessary documentation together. Have you gone through the appendix I referred to in my previous post to confirm you can provide all the required documentation? Please answer.
I’m guessing that you cannot use your Feb 2014 to Jan 2014 financial year, as you were not paid through your company as a director and the dividend you received does not on its own help you meet the minimum requirement.
Regarding the Feb 2015 to Jan 2016 financial year, I don’t think you can bring this forward to close this off early.
Sticking with the Feb 2015 to Jan 2016, am I right in saying that your company is paid for the security work you are doing? If so then are you extracting a monthly salary? Is your company deducting your NI and PAYE? Can the £7000 dividend you paid be brought exclusively into this financial year?
If the answer to all the questions in the above paragraph are yes then I suggest that you wait until your accounts are ready for the Feb 2015 to Jan 2016 financial year and then apply.
I’m so very sorry if this is not the answer you were looking for. I would therefore suggest you seek another opinion. Maybe I have missed something that could enable you to apply now. Perhaps someone else on this forum could help.
Thank you for all ur support
yes i have reffered to FM-SE as u mentioned.Just to make it short, i want to tell u that i am planing to reapply visa next month sep2015 and i need ur help and advice about this.I am working for a big security company and i do 40hrs per week.I am working for this company for more than 5 years and they pay me every month.I am still employed of this security company.
So here is my sitauion and i seek ur advice ,should i reapply or not?
I am filing my own limited company tax return from feb2014 to jan2015 next week
Total dividend earning in this time period is £2500
i calculated my salary from my security job from feb2014 till jan 2015 which is total £16400
so grand total of earnig is £18900
Here are my documents list for financial requrement
12 month salary slips from my security job from feb2014 till jan 2015
personal bank statement showing salary credited from feb2014 till jan 2015
My employes letter stating i am working for them more than 5 years
Dividend voucher from my accountant of £2500 coving period from feb2014 till jan 2015
current appointment report of my limited company
certificate of incorporation of my own limited company
CT600 from feb2014 till jan 2015
Business bank statement from feb2014 till jan 2015
personal bank stattement showing dividend is being transfered from feb2014 till jan 2015
SA 302 from of last 3 years
so i will claim total earning of £18900
please advice me ,
m i on right track now?
any documents missing?
Am i fulfilling financial requrement ?
Am i using right time period which is from feb2014 till jan 2015
i will also raise this query to other member of forum, but i want to get ur valualble advice.
please help me, i will b thankful to you always