Last Year Company Accounts - Effect on ILR

icon3001 · Post by **icon3001** » Sat Dec 22, 2012 2:57 pm

Got HSMP in Dec 2007
Got Tier 1 General in Jan 2010

Applying for ILR in 2 weeks (5 year route)

I became a Director of my new Company in March 2011 and started IT contracting work since then. I have now prepared annual accounts till March 2012 and paid salary and dividends (salary = £7560 , dividends = £2200)
ie Total = less than £10,000)

Does the low income from last year accounts (not claiming those periods ) will effect on ILR?

For ILR, I am claiming only periods after March 2012 till Dec 2012 from Ltd company using only net Dividends of £8600 and the remaining of £27,000 as salary from permanent job.

Low income in last year accounts wont be looked at for ILR. Am I correct?

Please help. thanks

icon3001 · Post by **icon3001** » Tue Dec 25, 2012 10:44 am

Any suggestions experts?

icon3001 · Post by **icon3001** » Thu Dec 27, 2012 9:55 pm

Still waiting to hear from experts please

icon3001 · Post by **icon3001** » Wed Jan 02, 2013 1:40 pm

Experts - Any advice please

pgaitonde · Post by **pgaitonde** » Wed Jan 02, 2013 1:56 pm

icon3001 wrote:Experts - Any advice please

yes, ur correct. It doesnt affect the previous year income if you are not showing it

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Last Year Company Accounts - Effect on ILR

Last Year Company Accounts - Effect on ILR