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urgent Flrm(financial Requirement)

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kashiuk1
Newly Registered
Posts: 27
Joined: Thu Aug 06, 2015 4:16 pm

urgent Flrm(financial Requirement)

Post by kashiuk1 » Wed Jun 29, 2016 11:23 am

Dear Members and moderators
i am going to apply flr m for my wife ,i am working part time 12 hours contract since last 2 years and my last year gross income was £6230,My last 6 months payslips are £520,£529,£498,£530,£520,£520, i am also self employed as well and i earned £14222 last year from this source . i would like to ask few questions as its really confusing in the form.
1 do i need to fill salaried or non salaried income section.
2 if salaried ,does it come in Category A or Category B.
3 how to calculate gross income from my last 6 month or 12 months payslips according to guiadence.
4 can i combine with Self employment income
i would really appreciate for your answers
thanks in advance

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ILR1980
Senior Member
Posts: 632
Joined: Thu May 26, 2011 4:38 am
Pakistan

Re: urgent Flrm(financial Requirement)

Post by ILR1980 » Thu Jun 30, 2016 11:28 pm

UKVI guidance suggest that you can combine salaried or non salaried employment with self employment if you earned it within same financial year of self employment but it dont tell you whether you need to submit 6 month payslips or 12 months when you are combining them with self employment.

Calculation of annual gross salary is simple for those who just rely on salaried or non salaried employment. You will need only last 6 months payslips. They take lowest earning in last 6 month and multiply with 12 in case of salaried. They add up last 6 months payslipd and divide by 6 and multiply with 12 in case of non salaried. Its category A. I dont know if you can do the same when you combine it with self employment which demand earning for last full financial year along with 12 months bank statement

You will need to fill the relevant section of salaried/non salaried as well self employment in case you are relying on both to meet the financial requirement

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