In relation to that I have a few doubts.I have already tried searching for the information in the forums and did'nt get a satifsfactory response and hence this new thread.So please go easy on me
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I have my own LTD company of which myself and my wife are equal share holders.We both recieve monthly salary and dividend payments from the LTD company.
After reading the Tier1 extension guidance notes iam not sure which one applies to me
1) Employees who receive a salary and dividend
payments:
2) Self-employed earnings within a business or
company structure:
I think option 1 applies to me as I am not self employed but employed by my LTD company which pays me monthly in terms of salary(payslips)
after PAYE,NI deductions as well as occassionaly profit distribution in the form of dividends.
Is it correct that I go by option1 and would it suffice to submit the following
a) personal bank statements for the full 12-month earnings period
b) payslips for the full 12-month earnings period; or
c) dividend vouchers for each dividend payment claimed, showing both the gross and the net dividend.
Has anyone in the same condition as me apllied for HSMP(TIER1/FLR) extension recently and got without any issues.If yes can you kindly post the list of docs you had submitted as it will help me to cross check mine.
Thanks and have a Nice Day!