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Problem with earnings related to obtaining spouse visa

Family member & Ancestry immigration; don't post other immigration categories, please!
Marriage | Unmarried Partners | Fiancé | Ancestry

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Monty1978
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Posts: 45
Joined: Mon Jan 29, 2018 8:17 pm
United Kingdom

Problem with earnings related to obtaining spouse visa

Post by Monty1978 » Thu Mar 01, 2018 8:18 pm

Hi guys, thanks very much in advance.

Basically, I am applying to immigrate my fiancee to the UK. All is kinda good in that she has a degree in pharmacy, no criminal convictions, passed her TB test and the english test.

My earnings exceed the 18600 threshold but there is an issue.

Basically I run a fencing business which is my main income. This last tax year I earn't a decent wage but I spent a lot on my business in capital expenses to improve my efficiency and reduce tax, there for reducing profit. However, I provide a consultancy service to a company abroad which brings my earning well above that which is required. My accountant processes these figures also and of course I pay my taxes and this can be shown via my self assessment form which is dealt with by my accountant.

My problem is this.... I have a business account which is used solely for my UK business dealings and immigration want to see this account. No problem. But to keep my finances simple I have had my commission paid into my personal account, not my business account. Immigration are only asking for my business bank statements for 24 months and they'll show a turnover of around 70k over the past 2 years but it wont tally with the tax I've paid as I will have paid a lot more tax due to the commission that has been paid into my personal account.

Dunno if that makes sense to you all but if it did, do you think this poses a problem? I'm really worried. It would be a massive smack in the face if she was declined. Could do with some advice.

Cheers

Monty1978
Newbie
Posts: 45
Joined: Mon Jan 29, 2018 8:17 pm
United Kingdom

Re: Problem with earnings related to obtaining spouse visa

Post by Monty1978 » Thu Mar 01, 2018 9:07 pm

Sorry it's fiancee visa. Always get those two mixed up.

Ta

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seagul
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Re: Problem with earnings related to obtaining spouse visa

Post by seagul » Thu Mar 01, 2018 9:38 pm

Self employment usually require more documents than other modes of meeting financial threshold. If you have issues with taxes and business bank statements but have savings around £62500 then you can meet that requirement easily.
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

Monty1978
Newbie
Posts: 45
Joined: Mon Jan 29, 2018 8:17 pm
United Kingdom

Re: Problem with earnings related to obtaining spouse visa

Post by Monty1978 » Thu Mar 01, 2018 9:52 pm

Oh how I wish I had £62500 lol.

Cheers though

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seagul
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Joined: Thu Nov 12, 2015 11:23 am
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Re: Problem with earnings related to obtaining spouse visa

Post by seagul » Sat Mar 03, 2018 10:30 am

Monty1978 wrote:
Thu Mar 01, 2018 9:52 pm
Oh how I wish I had £62500 lol.

Cheers though
Who don't wish to have it 😆😆😆
The opinion expressed as above is neither a professional advice nor contesting/competing to other member's opinion/advice.

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Londoner007
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Joined: Mon Feb 13, 2017 9:29 am

Re: Problem with earnings related to obtaining spouse visa

Post by Londoner007 » Tue Mar 06, 2018 12:19 am

Perhaps a couple of 0's at the end of that figure would be wished for!
Verily, After Hardship Comes Ease

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