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Salary - dividends for ILR

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

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harry7476
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Posts: 40
Joined: Mon Sep 14, 2009 12:41 am

Salary - dividends for ILR

Post by harry7476 » Tue Mar 27, 2012 8:16 am

Hi,

I need to know if the Salary as per ILR requirements can consist of salary+dividends for contractors working as private ltd companies.

I am planning on taking 8k as salary and rest as dividends for the year. Will this still be considered as having sufficient income?

Any help is much appreciated.

Regards,
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MyHSMPApplication
Member
Posts: 248
Joined: Sun Feb 18, 2007 9:22 am

Post by MyHSMPApplication » Tue Mar 27, 2012 8:54 am

Yes. Shouldn't be an issue as long as you can support it with corresponding documents; i.e. Salary slips, bankstatements, dividend vouchers also letter from accountant stating the breakup.
In this regard I would also suggest you provide company bank statements showing the transactions.

KR
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