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Letter from accountant - how much detail?

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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nfoote
Newbie
Posts: 40
Joined: Tue Apr 19, 2011 8:40 pm
Location: United Kingdom

Letter from accountant - how much detail?

Post by nfoote » Thu Aug 04, 2011 1:50 pm

Hi

Planning to include a letter from my accountant detailing my salary and dividend payments from my limited company to me as my earnings.

Can anyone tell me how much detail does UKBA want on this?

Does it just need to be a simple total summary so that the totals summed up from my bank statements match (after some simple maths)?
eg
"He earned £10000 Gross Salary (less £3000 deductions) plus £40000 gross dividend payments (less £7000 withholding tax)"

Or does it need to be a detailed list of each seperate payment?
eg
20/10/10 Salary £809.43 Gross (less £67 deductions) £742.43 Net
18/11/10 Dividend £4999 Gross (less £9999 deductions) £4000 Net

tier1_applicant
Member
Posts: 176
Joined: Tue Apr 08, 2008 9:39 am

Re: Letter from accountant - how much detail?

Post by tier1_applicant » Thu Aug 04, 2011 3:42 pm

nfoote wrote:Hi

Planning to include a letter from my accountant detailing my salary and dividend payments from my limited company to me as my earnings.

Can anyone tell me how much detail does UKBA want on this?

Does it just need to be a simple total summary so that the totals summed up from my bank statements match (after some simple maths)?
eg
"He earned £10000 Gross Salary (less £3000 deductions) plus £40000 gross dividend payments (less £7000 withholding tax)"

Or does it need to be a detailed list of each seperate payment?
eg
20/10/10 Salary £809.43 Gross (less £67 deductions) £742.43 Net
18/11/10 Dividend £4999 Gross (less £9999 deductions) £4000 Net
detailed list of each seperate payment

goldfish
Member of Standing
Posts: 486
Joined: Tue Nov 14, 2006 10:12 am

Re: Letter from accountant - how much detail?

Post by goldfish » Thu Aug 04, 2011 4:48 pm

tier1_applicant wrote: detailed list of each seperate payment
correct, they want the dates of the payments so they can confirm it's within your earning period.

AccountantMatthew
Member of Standing
Posts: 301
Joined: Mon Jul 04, 2011 5:20 pm
Location: London Town

Post by AccountantMatthew » Fri Aug 05, 2011 7:44 am

Yes - separate them out.
Please don't private message me or e-mail me for free personal advice - you are just wasting your time writing something that won't get answered.
Anything written here shouldn't be construed as being formal advice given in a professional capacity.

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