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can Insolvency payment shown as salary?

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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inputsOnHSMP
Newbie
Posts: 44
Joined: Thu Aug 09, 2007 4:30 pm

can Insolvency payment shown as salary?

Post by inputsOnHSMP » Mon Feb 16, 2009 5:22 pm

hello Guys,
Can anybody please clarify if we can use insolvency payments as salary?
My company closed down and we got some amount throught the insolvency service.

Can I show that as a component for getting income points?
This does not include redundancy pay which is a benefit.

Thanks
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nksg
Senior Member
Posts: 653
Joined: Wed Mar 12, 2008 1:55 pm

Post by nksg » Tue Feb 17, 2009 10:49 am

If it is mentioned on your salary slip and you can prove the money transactation in your bank account... it should be considered.
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inputsOnHSMP
Newbie
Posts: 44
Joined: Thu Aug 09, 2007 4:30 pm

Thanks

Post by inputsOnHSMP » Tue Feb 17, 2009 5:09 pm

Thank you very much for your inputs.
I do have the bank statements as well as payment advice from Insolvency Serivce. Besides, they have also deducted the NI at basic rate.

My company owed me x amount but could pay only 0.3x because of bankruptcy. Can i claim the points for the unpaid wages?
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