Originally Posted by Crawford
Read the following document carefully to see what is required under the financial requirements.
From the sounds of it you are going to be self employed so documents required to prove income for this category are varied and comprehensive.
You need to show 18,600 GBP income for all categories to qualify.
If going the savings route only (i.e no other income) you need 62,500 GBP in your account.
Hi, thank you for the prompt reply.
Ill be the director of my organisation. Thank you for the link. This is all rather confusing. I may speak to a solicitor to get some guidance.
I've checked and my wife has to apply for the extension in October 2019. So i may work as a contractor (via LTD company) up until January 2019 and then find a permanent role paying above the minimum requirement.
I presume as long as i earn above the threshold on a permanent salary then they will only need 6 months worth of bank statements and pay slips? Its a shame as working as a contractor i'd be earning a minimum of £65,000 per year
. Where as a perm the salary is £35,000 and on wards.