Hi guys great forum I have just come across here.
My wife is applying to extend her visa next month spouse to me a Uk national.
I am very worried after reading a lot of posts that our financial evidence/documents might be an issue.
My wife works on a contract for over 12 months earning £10800 a year
I am now a 50% managing director of a company I have worked for over 10 years, the company changed form a sole trader to ltd company 3 years ago.
The last full set of accounts to end of may 2018 show i earned £9430 employed salary and £24000 in dividends.
I have all the documents to prove this P60, letter from account, company accounts etc.. everything they have asked for.
The issue is as a director the way I paid myself has altered , so its quite normal for me to pay myself approx £1800 a month to cover my living expenses and then a dividend at the end of the year. The problem is the salary and pay slips for HMRC dont match this £1800 living cost figure on my bank statements.
I assumed this is quite common with directors running there own business, and that they will be aware and go off the official tax forms? and the fact the basic salary doesnt match the amount in the bank statements would be ok?
I am very concerned this might be an issue and even though its clear our combined income of approx £44300
can be accounted for they may have an issue or be unaware of how directors are allowed to pay themselves. Any help or advise on this would be greatly appreciated. Thank you.
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