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Search found 11 matches

by cesc4legend
Thu Dec 02, 2010 3:46 pm
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings - Stocks
Replies: 16
Views: 1787

Thanks John, gonna be applying in January. Fingers crossed.

And sorry, I forgot it was a derby , more bad news - England losing out on world cup :( when will the home of football get its due :(
by cesc4legend
Thu Dec 02, 2010 2:22 pm
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings - Stocks
Replies: 16
Views: 1787

@ John and mulderpf, Thanks for your time for discussing this one. Even I am not 100% confident about it , but I have no other go :(, have to take the risk since there wont be Tier-1 from April and to my knowledge, it isnt easy getting a sponsor for tier-2. So I am thinking of applying in January. E...
by cesc4legend
Thu Dec 02, 2010 1:34 pm
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings - Stocks
Replies: 16
Views: 1787

cesc4legend, is there a slightly different angle here? And I am not talking about the profits you gained when you sold the sales. Simply, what about the undervalue of the shares when they were allocated to you? You paid tax on that undervalue? That undervalue was put through the calculation of tax ...
by cesc4legend
Thu Dec 02, 2010 12:09 pm
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings - Stocks
Replies: 16
Views: 1787

It's the sale of an asset and cannot be included in earnings. John, also checking the tax law of the country he is in isn't going to change things by much. In my country we pay tax on income earned when you receive rental income. It is still excluded by the UKBA as its not "earnings" or p...
by cesc4legend
Thu Dec 02, 2010 10:33 am
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings - Stocks
Replies: 16
Views: 1787

Hi mulderpf and John, thanks for replying. The profit I have made is taxable, and I have even paid tax (tax is deducted by the company at the time of allocation, "assuming the profit u make" if u sell it at market price at that time. The stocks are alloted to me twice a year in a discounte...
by cesc4legend
Thu Dec 02, 2010 7:08 am
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings - Stocks
Replies: 16
Views: 1787

Re: Query on earnings - Stocks

I want to show the 'profit made' by me by selling company(employer) stocks. I had enrolled for the "Employee stock purchase plan", where in my salary 'every month' an amount 'x' is deducted. And twice in an year (Feb10 and Aug10), stocks are allocated to my account (E-trade U.S), equal to...
by cesc4legend
Tue Nov 30, 2010 11:52 am
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings - Stocks
Replies: 16
Views: 1787

Query on earnings - Stocks

I want to show the 'profit made' by me by selling company(employer) stocks. I had enrolled for the "Employee stock purchase plan", where in my salary 'every month' an amount 'x' is deducted. And twice in an year (Feb10 and Aug10), stocks are allocated to my account (E-trade U.S), equal to ...
by cesc4legend
Mon Nov 29, 2010 12:25 pm
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings
Replies: 6
Views: 915

My point is, if it can be shown as "deductions" and since it was a "part of gross salary", would it not be enough ? guess this shud be enuff if it reflects in ur payslip as deductions... but do get it verified from some senior member on the board Thanks Rohit. Any senior member,...
by cesc4legend
Mon Nov 29, 2010 11:26 am
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings
Replies: 6
Views: 915

i don't think it wud suffice, u shud cancel ur coupons so that u get that as a part of ur salary and payslips Thanks for the reply.. I cant do it now, since it has already been utilized . My point is, if it can be shown as "deductions" and since it was a "part of gross salary", ...
by cesc4legend
Mon Nov 29, 2010 8:29 am
Forum: UK Tier 1 (General) Visas
Topic: Query on earnings
Replies: 6
Views: 915

Query on earnings

In my company, there is an option for opting for Meal coupons. I did so and 6k got deducted from my salary. The point is, this money has been deducted from my "remuneration package". Can I show this as part of my earnings ? I can get a letter from my employer saying "This has been a p...
by cesc4legend
Mon Sep 27, 2010 6:45 pm
Forum: UK Tier 1 (General) Visas
Topic: Any idea when the rules might change ?
Replies: 2
Views: 787

Any idea when the rules might change ?

Hi, Till mid July , the qualifying points for Tier 1 visa was 75 points and then they increased it to 80. Earlier I was able to qualify as I could get 25 points from my income and reach the reqd 75 points. But now I just fall short in income (I need 50k pound income but get around 46k) and cant get ...