how to calculate earnings period?

[bluespeed08]

Can someone please throw light on 15 month window before the date of applying for tier-1? I tried looking for the information but could not get any clear answer. Any inputs would be very helpful!

Say I apply on Jan 27 2009, would Oct 2007 month salary be considered in the 15 month period?

In the guidance notes it says -
"The applicant can claim points for previous earnings in any single, consecutive 12-month period during the 15 months immediately before the date of applying."

Since I worked only till March 2008, each month salary is crucial! Thanks for your time and help.

[push]

Can someone please throw light on 15 month window before the date of applying for tier-1? I tried looking for the information but could not get any clear answer. Any inputs would be very helpful!

Say I apply on Jan 27 2009, would Oct 2007 month salary be considered in the 15 month period?

In the guidance notes it says -
"The applicant can claim points for previous earnings in any single, consecutive 12-month period during the 15 months immediately before the date of applying."

Since I worked only till March 2008, each month salary is crucial! Thanks for your time and help.

The 15 month window for you will be 27 Oct 2007 to 26 Jan 2007 -based on strict interpretation of the rules. Why dont you apply in the first week Jan itself so that Oct 2007 salary is used in the computations? Any constraints on that?

[UKaspirant2009]

push_hsmp,

I am in the same boat, can u just help me with that. I am planning to apply in February 2009 for Tier 1 and I am showing my salary from December 2007 till November 2008. So February 2008 is the 15th month. Will this be fine?.

[raghava39@rediffmail.com]

So February 2008 is the 15th month. Will this be fine?.

I don't think it is a constraint. Please see guidance, I have a given an extract for one point.

Guidance says:

82. The applicant can claim points for previous earnings in any single, consecutive 12-month period during the 15 months immediately before the date of applying . An applicant may claim points for a 12-month period of earnings outside of this 15 months only in very limited circumstances. These are if the applicant can show that he/she has been:

Thanks
Raghavendran.G

[UKaspirant2009]

push_hsmp,

I am in the same boat, can u just help me with that. I am planning to apply in February 2009 for Tier 1 and I am showing my salary from December 2007 till November 2008. So February 2008 is the 15th month. Will this be fine?.

[bluespeed08]

Thanks so much push for your help. That clarifies a lot for me and how to position my tier-1. Actually I am currently here on student visa. So I didn't had enough maintenance funds before Jan 24 2009 so I was targeting Jan 27 as probable date when my app can reach. Thanks for your tip to apply early in Jan. This is a possibility (but I would need to topup with my India bank funds). I think I can do that now. That will allow me to use atleast half salary of Oct 2007 which will be sufficient.

In this case, I will use salary from Oct 15 2007 till March 31 2008. So should I use OANDA figures as of March 31 2008? (Or since my 12 month period would be from Oct 15 2007 till Sep 15 2008, do I have to use OANDA figure of Sep 15 2008?)

Gudiance suggests last day of period? I am not sure what would be last day of period in this case - March 31 2008 or Sep 15 2008?

Can someone please throw light on 15 month window before the date of applying for tier-1? I tried looking for the information but could not get any clear answer. Any inputs would be very helpful!

Say I apply on Jan 27 2009, would Oct 2007 month salary be considered in the 15 month period?

In the guidance notes it says -
"The applicant can claim points for previous earnings in any single, consecutive 12-month period during the 15 months immediately before the date of applying."

Since I worked only till March 2008, each month salary is crucial! Thanks for your time and help.

The 15 month window for you will be 27 Oct 2007 to 26 Jan 2007 -based on strict interpretation of the rules. Why dont you apply in the first week Jan itself so that Oct 2007 salary is used in the computations? Any constraints on that?

[push]

push_hsmp,

I am in the same boat, can u just help me with that. I am planning to apply in February 2009 for Tier 1 and I am showing my salary from December 2007 till November 2008. So February 2008 is the 15th month. Will this be fine?.

Thats perfectly fine as per the guideines.

[push]

In this case, I will use salary from Oct 15 2007 till March 31 2008. So should I use OANDA figures as of March 31 2008? (Or since my 12 month period would be from Oct 15 2007 till Sep 15 2008, do I have to use OANDA figure of Sep 15 2008?)

Gudiance suggests last day of period? I am not sure what would be last day of period in this case - March 31 2008 or Sep 15 2008?

- use OANDA figure of Sep 15 2008

[bluespeed08]

Thanks Push for all your help. I am planning to go for tier-1 soon from student visa.

Regarding maintenance funds, I also had funds in my savings account (HSBC Flexi Saver) on top of Current account. So I am planning to send both the statements which together would have the balance needed. My question is besides these two statements do we need a letter from bank also stating that I have funds? Since my bank is hesitant to give this, would be it fine if we just submit statements? Any suggestions?

In this case, I will use salary from Oct 15 2007 till March 31 2008. So should I use OANDA figures as of March 31 2008? (Or since my 12 month period would be from Oct 15 2007 till Sep 15 2008, do I have to use OANDA figure of Sep 15 2008?)

Gudiance suggests last day of period? I am not sure what would be last day of period in this case - March 31 2008 or Sep 15 2008?

- use OANDA figure of Sep 15 2008

[bluespeed08]

But guidance also seems to suggest that we can use period of less than 12 months (point # 87). So in this case, I thought I can use my period as 6 months instead of 12 months. And use OANDA rates at the end of the 6-month period. It's not very clear in the guidance. Any opinions on this?

In this case, I will use salary from Oct 15 2007 till March 31 2008. So should I use OANDA figures as of March 31 2008? (Or since my 12 month period would be from Oct 15 2007 till Sep 15 2008, do I have to use OANDA figure of Sep 15 2008?)

Gudiance suggests last day of period? I am not sure what would be last day of period in this case - March 31 2008 or Sep 15 2008?

- use OANDA figure of Sep 15 2008

[push]

Thanks Push for all your help. I am planning to go for tier-1 soon from student visa.

Regarding maintenance funds, I also had funds in my savings account (HSBC Flexi Saver) on top of Current account. So I am planning to send both the statements which together would have the balance needed. My question is besides these two statements do we need a letter from bank also stating that I have funds? Since my bank is hesitant to give this, would be it fine if we just submit statements? Any suggestions?

In this case, I will use salary from Oct 15 2007 till March 31 2008. So should I use OANDA figures as of March 31 2008? (Or since my 12 month period would be from Oct 15 2007 till Sep 15 2008, do I have to use OANDA figure of Sep 15 2008?)

Gudiance suggests last day of period? I am not sure what would be last day of period in this case - March 31 2008 or Sep 15 2008?

- use OANDA figure of Sep 15 2008

If these are original statements you dont need any letter

[push]

But guidance also seems to suggest that we can use period of less than 12 months (point # 87). So in this case, I thought I can use my period as 6 months instead of 12 months. And use OANDA rates at the end of the 6-month period. It's not very clear in the guidance. Any opinions on this?

In this case, I will use salary from Oct 15 2007 till March 31 2008. So should I use OANDA figures as of March 31 2008? (Or since my 12 month period would be from Oct 15 2007 till Sep 15 2008, do I have to use OANDA figure of Sep 15 2008?)

Gudiance suggests last day of period? I am not sure what would be last day of period in this case - March 31 2008 or Sep 15 2008?

- use OANDA figure of Sep 15 2008

You are right. I overlooked what you were saying here. If the period of earnings is less than 12 months then you need to use rates for the last day of the period you are using. i.e. if it is six months then use the rate at the end of six months.

If any of these rates (March 31 or Sep15) do not make substantial change to your earning and you stay in the same band then you can choose to be conservative. The case worker will use his own calculations. If you want to use 31st March rates for claiming points for the higher band then I would advise you to make a mention of the clause on the Guidance note in your cover letter.

[bluespeed08]

Actually it makes a huge difference. Sorry my period ending was Oct 15 2008 and rates where like high 85/86 those days !! So I was thinking of instead using March 31 2008. But I would include this in the cover letter. Thanks for the tip!!

I am still bit confused on the 15 month period part, which is making my decision tough. I am not sure if using full time study provision would delay my tier-1 (happen to read another similar case on this site which took 4 months for this process)? My current student visa is valid till Jan 2010 but I can start working from June 2009. Though our program officially ends in September 2009. The advantage of using the full time study provision would be that I can additionally use few more months of earnings.

I don't understand this Clause 93 - "If the applicant has not finished their studies when they submit their application, we will consider the date of their application to be the end-date of their studies."

Does this mean, if I apply now (using full time study provision) the date of application would be taken as proposed end of studies (September 2009)?

Will I get Tier-1 issued from Feb 2009 or from September 2009?

But guidance also seems to suggest that we can use period of less than 12 months (point # 87). So in this case, I thought I can use my period as 6 months instead of 12 months. And use OANDA rates at the end of the 6-month period. It's not very clear in the guidance. Any opinions on this?

In this case, I will use salary from Oct 15 2007 till March 31 2008. So should I use OANDA figures as of March 31 2008? (Or since my 12 month period would be from Oct 15 2007 till Sep 15 2008, do I have to use OANDA figure of Sep 15 2008?)

Gudiance suggests last day of period? I am not sure what would be last day of period in this case - March 31 2008 or Sep 15 2008?

- use OANDA figure of Sep 15 2008

You are right. I overlooked what you were saying here. If the period of earnings is less than 12 months then you need to use rates for the last day of the period you are using. i.e. if it is six months then use the rate at the end of six months.

If any of these rates (March 31 or Sep15) do not make substantial change to your earning and you stay in the same band then you can choose to be conservative. The case worker will use his own calculations. If you want to use 31st March rates for claiming points for the higher band then I would advise you to make a mention of the clause on the Guidance note in your cover letter.

[push]

bluespeed08: Any particular reasons for applying so early for Tier-1 when your studies wont officially complete before Sep 2009?

[bluespeed08]

Good question! I am confused..as to options available as tier 1, tier 1 with full time study provision, PSW tier 1 and sponsored tier 2.

Actually, we can start to work from June itself since the last term is just a report. But on student visa, I won't be able to work as a full time employee if I get a job in June. I can then start only in september and no employer is gonna wait till you get tier-1. So tier-1 would help in case if any employer shows interest

If I apply now without full time study provision, I am on borderline of earnings but would qualify if I apply soon. So the hurry! With full time study provision, there is no issue on earnings. Only confusion then is when do we get tier-1 now or in Sep. Since septmeber would be late and don't want to miss on any opportunties. Being optimistic in this market

What do you suggest?

bluespeed08: Any particular reasons for applying so early for Tier-1 when your studies wont officially complete before Sep 2009?

[bluespeed08]

Sorry for the repeated post. But its really urgent. Any advice on when they will likely issue tier-1 if used with full time study provision?

Thanks!

Good question! I am confused..as to options available as tier 1, tier 1 with full time study provision, PSW tier 1 and sponsored tier 2.

Actually, we can start to work from June itself since the last term is just a report. But on student visa, I won't be able to work as a full time employee if I get a job in June. I can then start only in september and no employer is gonna wait till you get tier-1. So tier-1 would help in case if any employer shows interest

If I apply now without full time study provision, I am on borderline of earnings but would qualify if I apply soon. So the hurry! With full time study provision, there is no issue on earnings. Only confusion then is when do we get tier-1 now or in Sep. Since septmeber would be late and don't want to miss on any opportunties. Being optimistic in this market

What do you suggest?

bluespeed08: Any particular reasons for applying so early for Tier-1 when your studies wont officially complete before Sep 2009?

[push]

I don't understand this Clause 93 - "If the applicant has not finished their studies when they submit their application, we will consider the date of their application to be the end-date of their studies."

This means that if you are student say even today and apply forTier-1 then they would assume that your studies finish today and you will be able to exclude the period from the beginning of your course till date from the 15 month period from today.

Hope this clarifies the issue.

[push]

Additionally if you apply today, then your Tier-1 will be valid from today (assuming you get approval today). You can get it post-dated by three months (this is based on experience of other members) BUT I understand they all applied from outside UK and got their VISA post dated. Not sure if LTR too can be got post-dated.

[bluespeed08]

Yes indeed! Push thanks so much..it clarifies a lot of things!

I don't understand this Clause 93 - "If the applicant has not finished their studies when they submit their application, we will consider the date of their application to be the end-date of their studies."

This means that if you are student say even today and apply forTier-1 then they would assume that your studies finish today and you will be able to exclude the period from the beginning of your course till date from the 15 month period from today.

Hope this clarifies the issue.

[kandasamy]

Hi All,

Good morning.

I am planning to apply for tier1 application by end of this month. I am having a doubt in my pervious earning section.

I planning to show my pay slips from January 2008 to Dec 2008, but in the month of December 2008 month no money is credited to my Indian salary because there was a due from the company and company is recovered the due from my December month salary. I am having the salary slip with all the details and it has mentioned the total earning was recovered towards the company Due and the net pay as 0.
In this case I can show the pervious earnings from Dec 2007 to Dec 2008 instead of showing from January 2008 to Dec 2008.

Please clarify the above point.

Regards
Kandasamy

[kandasamy]

Hi All

Good morning.
I am planning to apply for tier1 application by end of this month. I am having a doubt in my pervious earning section.
I planning to show my pay slips from January 2008 to Dec 2008, but in the month of December 2008 month no money is credited to my Indian salary because there was a due from the company and company is recovered the due from my December month salary. I am having the salary slip with all the details and it has mentioned the total earning was recovered towards the company Due and the net pay as 0.
In this case I can show the pervious earnings from Dec 2007 to Dec 2008 instead of showing from January 2008 to Dec 2008.

Please clarify the above point.

Regards
Kandasamy

[push]

Hi All

Good morning.
I am planning to apply for tier1 application by end of this month. I am having a doubt in my pervious earning section.
I planning to show my pay slips from January 2008 to Dec 2008, but in the month of December 2008 month no money is credited to my Indian salary because there was a due from the company and company is recovered the due from my December month salary. I am having the salary slip with all the details and it has mentioned the total earning was recovered towards the company Due and the net pay as 0.
In this case I can show the pervious earnings from Dec 2007 to Dec 2008 instead of showing from January 2008 to Dec 2008.

Please clarify the above point.

Regards
Kandasamy

Show your earnings for the period Dec1 2007 to Nov 30, 2008

[kandasamy]

Hi

I am having few doubt in Perviouse earning calculation

Dec 2007 to Feb 2008 UK full salary and it is credited to UK salary account and I am getting the basic salary in Indian.
March 2008 to 31 March 2008 Indian full salary credited to my Indian salary account.
April 2008 to Oct 2008 UK full salary and it is credited to UK salary account (April I got my Basic Indian salary and it is credited to my Indian salary account)
Nov1 to 30 Nov 2008 I am in India and full Indian salary is credited to my Indian salary account

I am having few doubts in calculating the pervious earning.

1.Whether I need to consider the Indian basic salary for the period for the Period Dec 2007 to Feb 2008 and April 2008?
2.Suppose If I am considering the Basic salary I need to know that I need to use the uplift ratio or not.
3.For the March 2008 and Nov 2008 I am using the uplift ratio i.e.(Salary*exchange rate*uplift ratio)
4.If I am showing the pay slips from Dec2007 to Nov 2008, I would like to know on which dated exchange I need to show i.e. I need to show the Nov 2008 exchange rate or the Dec 2008 exchange rate.


I am calculating my pervious as below

Dec 2007 to Feb 2008 UK salary and selected the country earned UK, during these period I am getting my India basic salary. The Indian basic salary I converted into GBP and added into my UK salary and not included the uplift ratio
March 2008 Indian salary * exchange rate * 5.3 and selected the country earned India
April 2008 to Oct 2008 UK salary and selected the country earned UK.
Nov 2008 Indian salary ** exchange rate * 5.3 and selected the country earned India

Please let me know whether I am using the right method to calculating my pervious earning points and please clarify the above

Regards
Kandasamy