Continuous Earnings Period :: Experts Please

[mrehanashraf]

Hi,

I need some expert advice in terms of earnings period for Tier 1 (General).

If I am claiming 12 months from Nov 2012 till Oct 2013, Is it necessary that I should get paid every month during these 12 months?

e.g. From Nov 2012 till May 2013, I paid myself Salary+Dividends
In Jun 2013, I paid nothing to myself,
From Jul 2103 till Oct 2013 I paid myself Salary+Dividends


These are consecutive 12 months. Am I OK in terms of Salary? Or no Payment in Jun 2013 is a issue?

Thanks

[Bhaskarnu]

It is ok if you have not paid for a month. UKBA will calculate on the total earnings in this 12 month period.

Hi,

I need some expert advice in terms of earnings period for Tier 1 (General).

If I am claiming 12 months from Nov 2012 till Oct 2013, Is it necessary that I should get paid every month during these 12 months?

e.g. From Nov 2012 till May 2013, I paid myself Salary+Dividends
In Jun 2013, I paid nothing to myself,
From Jul 2103 till Oct 2013 I paid myself Salary+Dividends


These are consecutive 12 months. Am I OK in terms of Salary? Or no Payment in Jun 2013 is a issue?

Thanks

[NARMAK]

Hi,

I need some expert advice in terms of earnings period for Tier 1 (General).

If I am claiming 12 months from Nov 2012 till Oct 2013, Is it necessary that I should get paid every month during these 12 months?

e.g. From Nov 2012 till May 2013, I paid myself Salary+Dividends
In Jun 2013, I paid nothing to myself,
From Jul 2103 till Oct 2013 I paid myself Salary+Dividends


These are consecutive 12 months. Am I OK in terms of Salary? Or no Payment in Jun 2013 is a issue?

Thanks

This should be ok. Just to confirm Did you pay yourself basic salary + dividend?
Please make sure Dividend issued should match with profit after tax, Some case handler may ask you to provide Profit and Loss.

[mrehanashraf]

This should be ok. Just to confirm Did you pay yourself basic salary + dividend?
Please make sure Dividend issued should match with profit after tax, Some case handler may ask you to provide Profit and Loss.

Hi NARMAK

Yes I pay xx Salary + Dividends. Tax year for dividends and claimed earning period can not be same in most of the cases. for example If my company tax year is Jan to Dec, where as my claimed earning period is Oct to Nov, then I will show some dividends from previous year and some from current year.

[WRS]

Rehan bhai tension na lain, extension lag jaigee!

[Amber]

WRS please write in English.

[NARMAK]

This should be ok. Just to confirm Did you pay yourself basic salary + dividend?
Please make sure Dividend issued should match with profit after tax, Some case handler may ask you to provide Profit and Loss.

Hi NARMAK

Yes I pay xx Salary + Dividends. Tax year for dividends and claimed earning period can not be same in most of the cases. for example If my company tax year is Jan to Dec, where as my claimed earning period is Oct to Nov, then I will show some dividends from previous year and some from current year.

This should be find. What ever the period you select, total profit of that period should match to your total dividends. e.g. you select July to June total dividend you paid your sellf 20,000, make sure your profit after tax during July to June must be at least 20,000.