Hi guys, I'm confused with the calculation in Category A, or I should I say that I'm confused that some people have said in this forum that the ECO will use the lowest pay on the payslip to calculate the annual income.. or is that for a different cateory??? I've started reading the appendix and as I understand it they use a mean average of 6 months payslips to calculate annual income for example: jan income = 1435 feb income = 1555 mar income = 1329 april income = 1650 may income = 1445 june income = 1534 1435 + 1555 + 1329 + 1650 + 1445 + 1534 = 8948 divide by 6 =1491 (average monthly wage ) x 12 = £17892 Am i correct in the calculation? and is that how they calculate my income for the financial requirement?? where does the lowest amount on a payslip come into it?? thanks for your advise guys
as i said on your other thread--best to combine your income with your savings...even if you take 6 x your lowest month x 2 plus your savings your home and dry.
I think im being pedantic hahahaha and im trying to understand the process as i don't want to mess it up.. I think im gonna earn on average between £1400 - £1500 a month and im expecting the shortfall to be around the £1600 mark which means by my calculations I would need about £20,000 in cash savings ..
I finally understand the Category A calculation there are 2 different calculations depending if you receive a salary or non-salary income.. SALARY BASED INCOME they will take the lowest amount of the 6 months payslips you provide to calculate the annual income wheraas... NON-SALARIED INCOME will be calculated using a mean average of the 6 months payslips and not just simply using the lowest payslip
If your monthly gross is fixed amount, then that's salaried. But if you are hourly rate, variable income more then that is non-salaried. That's how I understand it. I am going to apply next week for spouse visa.