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Gross or Net Divident for ILR application

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

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ILRFeb2012
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Posts: 6
Joined: Thu Jan 05, 2012 10:39 pm

Gross or Net Divident for ILR application

Post by ILRFeb2012 » Thu Jan 05, 2012 10:57 pm

I am applying for Tier 1 ILR as Director of a Limited Company, part of my previous earning in last 12 months in the UK is in salaried employment basis which to be calculated as Gross salary, and the rest (4 months) is in Dividends basis from Limited Company. I do not know where I have to consider the Gross dividends (Net dividend + 10% Credit) or Net dividends for the last 4 months.

I am qualified for ILR based on Gross dividends and my earning reaches to £65000 target level that I need but with considering Net dividends I am not qualified, any advice? Please help me and tell me that which one is correct Gross or Net dividends in my case?

Thanks in-advance.
Kalat

AccountantMatthew
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Posts: 301
Joined: Mon Jul 04, 2011 5:20 pm
Location: London Town

Post by AccountantMatthew » Fri Jan 06, 2012 8:03 am

Gross
Please don't private message me or e-mail me for free personal advice - you are just wasting your time writing something that won't get answered.
Anything written here shouldn't be construed as being formal advice given in a professional capacity.

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