If a UK sponsor is the director and employee of a specified type company and their salaried income during the taxation year of the CT600 is not enough to meet the financial threshold but they have received dividends in respect of that year within the same period of the CT600, when combined meets the threshold, does the UK Sponsor needs to wait to file their self-assessment for the dividends declared or is it enough to provide evidence of ongoing employment and directorship? CAN they meet the financial threshold without filling their self-assessment FOR THE DECLARED DIVIDENDS.
For example, company accounts CT600 ended February 2022. UK Sponsor received 12k in salary and 35k in dividends. All declared and shown in bank accounts correctly. For him to use that 35k, would he need to wait until April 2022 to file his self-assessment or can he apply now without any issues?
Thank you in advance
- FAQ
- Login
- Register
- Call Workpermit.com for a paid service +44 (0)344-991-9222