Dividend Distribution for 12 months

c0ntract0r · Post by **c0ntract0r** » Sat Mar 28, 2015 10:51 pm

Hi Gurus, Need some help again. I will be applying for my ILR in June 2016. I have my own limited company and I take salary and dividends. Since the 12 months earning period covers 2 financial years I am thinking of taking same amount of dividend for 10 months which will be till March 2016 and then take a big chunk of dividend in April 2016 and May 2016 to reach the required earnings for my points. Can I do that ? or do I need to distribute my dividend in 12 equal amounts leading upto the ILR application ? Help appreciated.

c0ntract0r · Post by **c0ntract0r** » Mon Mar 30, 2015 9:40 am

anyone ??

bond.boy203 · Post by **bond.boy203** » Mon Mar 30, 2015 11:11 am

You are absolutely fine scattering the dividend to various dates depending on your circumstances. As long as you have enough dividend to declare in your firm(post VAT & taxes) you are fine.
In fact I had my extension by just 4 dividend declaration scattered around various dates split over two financial years (of my company)

See this
http://www.immigrationboards.com/uk-tie ... l#p1147749

wmazhar · Post by **wmazhar** » Mon Mar 30, 2015 8:53 pm

You can even take one dividend of all the money

but you will need the dividend voucher, bank statement, and accountant letter to prove that

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Dividend Distribution for 12 months

Dividend Distribution for 12 months

Re: Dividend Distribution for 12 months

Re: Dividend Distribution for 12 months

Re: Dividend Distribution for 12 months