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Tier I extension - Limited Company

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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Parthaab
Newbie
Posts: 38
Joined: Fri Jan 14, 2011 11:23 am

Tier I extension - Limited Company

Post by Parthaab » Sun Aug 26, 2012 8:34 pm

My Tier I is due for extension in December, and I need 65000 to get the points.
But I ( my Limited Company, of which I am sole Director ) expect to get only get around 67000 before tax.
Does that mean that my application will fail?
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tier1_aspirant_del
Member
Posts: 153
Joined: Sat Mar 06, 2010 2:45 pm

Post by tier1_aspirant_del » Tue Aug 28, 2012 9:18 pm

you need 67000 as your Salary + Dividends. So does your before tax figure includes this?
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Parthaab
Newbie
Posts: 38
Joined: Fri Jan 14, 2011 11:23 am

Post by Parthaab » Tue Aug 28, 2012 11:10 pm

tier1_aspirant_del wrote:you need 67000 as your Salary + Dividends. So does your before tax figure includes this?
Thanks for your reply! Yes, that is the total amount I will earn for the Ltd. company. My question is how is it calculated - the total earned, or the amount as salary?
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