Tier 1 Visa Extension - Query on income proof

[syed.mubarak]

Dear friends,

I have a complicated case before you. Please help me.

I am planning to apply for my Tier 1 visa extension on 11th June 2012. I have my own registered limited company in UK and do all my contracting work under my limited company. I transfer my income as salary and dividends from my company's business bank account to my personal bank account.

I have planned to show my income proof for the period between 1st April 2011 to 31st March 2012. I am supposed to show £35000 as income to get the eligible points for income.

For example, consider that
a) I have a bank balance of £30K in my business account as on 1st April 2011.
b) On April 20th 2011, I received a payment of £5K for an invoice raised by me before 1st April 2011.
c) Then, I have raised invoices worth £15K total between 1st April 2011 to 31st March 2012. I got the payment of all the invoices (worth 15K) into my business account.
d) I have transferred £30000 as dividend and £8000 as salary from my business account into my personal account between 1st April 2011 to 31st March 2012.

Now, my doubt is
1. Will UKBA question my earning since I have earned only 15K totally in the 12 month duration, but I have shown 38K total as income.
2. If they question me, can I explain them that I had a opening balance of 30K in my account and also received a payment of 5K for an earlier invoice.

Please help me by giving a solution to my complicated case.

Thanks,
SM

[contactrizwan79]

Hi SM,

Did you applied you Extension? could you please share your experience with us?

ContactRizwan79

[gaurav76.5]

you should be ok...because you are withdrawing salary from company account

[contactrizwan79]

Hi SM,

I am also in the same situation as you are or were.

I have taken dividend and salary from my company business account in the last 12 months and able claim the required point. As my company year end falls under the 12 months then I have taken year end dividend in the 12 months period.

But the question is I don't have that much invoices in the last 12 months for the dividend and salary I am claiming.

Can any one tell me if you have faced these types of situations?

Regards

[gaurav76.5]

thats absolutely Ok....you should be fine..as long as you are drawing uncimw and dividenddrom the company abd comany account has that fund to pay salary and dividend there is no problem...good luck with your application

[contactrizwan79]

Hi Gaurav,

Thanks for your quick reply.

I have seen some thread some times CW ask about invoices for the claiming period, do you have any idea why they ask for that?

If they wanted to match Invoices claimed in period vs Income claimed then ? Any suggestion ...will appreciate.

for your ref see the below thread:

www.spammer.com/uk-immigration- ... nsion/1032


Regards