Tier 1 (General) extension - sale of shares

[phwizard]

Hi guys,

can you please advise if I can use the sale of shares of my company as a proof of income?

It has been a limited company 100% owned by me which I have founded after arriving to UK and have grown the business considerably then. I've been the only Director of the company and that was the only place of employment for me.

Have paid the salary to myself very irregularly (first pay your employees) and haven't paid dividends, keeping the cash in the company to grow the business.

Then have sold 30% to a business partner who has became a co-director and now we continue to grow the business together.

Can the income from the sale of shares be considered as proof of income? I couldn't find anything about that in Appendix A Table 2 Immigration Rules, it doesn't include the sale of shares under 'unearned' source of income and it also says that:

23. Earnings include, but are not limited to:
(a) salaries (includes full-time, part-time and bonuses),
(b) earnings derived through self-employment,
(c) earnings derived through business activities,


So I think growing the company and then selling a part can be considered as earning derived through business activity, right?

Please advise. Thanks!

[phwizard]

Anybody?