7.6 The Tier 1 (General) category, for highly skilled workers, is now closed to new applicants but remains open for extension and settlement applications. A small change is being made to this category in response to the introduction of the Government’s new “employee-owner” initiative. The change confirms that if applicants exchange some of their UK employment rights for shares as an employee-owner, the value of those shares will not be included when calculating the points awarded for an applicant’s previous earnings.
PLEASE NEED SOME EXPLANATION FOR THIS CHANGE
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