Tier 1 (Entrepreneur) Extension Hourly rate calculation

[msaleemu]

Hello All


My visa extension is due soon.I need to ask you guys some questions

1) My employee wage per month before April 2016 was 871.00 per month.Can anyone please tell me what is hourly rate when employee worked 30 hours per week.

should i need to mention hourly rate 6.70 in visa application form as i calculated 6.70*30 hours per week*52 weeks/ 12 months=871.00

Is hourly rate is 6.70?

[seasky]

Hello All


My visa extension is due soon.I need to ask you guys some questions

1) My employee wage per month before April 2016 was 871.00 per month.Can anyone please tell me what is hourly rate when employee worked 30 hours per week.

should i need to mention hourly rate 6.70 in visa application form as i calculated 6.70*30 hours per week*52 weeks/ 12 months=871.00

Is hourly rate is 6.70?

Don't have the answer to the hourly calculation but is your employee under 25 otherwise the min rate should be 7.30 I believe

[zimba]

(Total pay in a whole year ) / 52 weeks = XX, Divide XX by 30 hours per week = Hourly rate
The min wage hourly rate for year April 2015-16 must be at least £6.70 per hour for employees above 25 years of age.

[Meesha]

The hourly rate for u is 6.70 which was valid pre April. Since APril it must be 7.20/hour and minimum salary should be £936/month.