Salary query? Spouse Renewal 2.5 years
My spouse's came to the UK on Feb 2017 via spouse visa. The renewal is 2.5 years later (so late 2019) - Correct me if im wrong.
My question relates to the salary. Currently i am in a permanent position earning above the £18k threshold. Ill be starting a new 6 month rolling contract next month and ill be earning a significant amount.
My accountant suggested paying my self in dividends for tax reasons. I understand ill need to provide payslips showing my income. But as a director of my company, ill be paying myself dividends.
How much income do i need to show when i pay my self? Can i pay my self £25k in dividends and show that in my application?
Also, it the form also suggests that if i have £16,000 in my savings, that should be sufficient as well? Does the £16,000 need to be in my savings account for a certain period prior to the application?