uk settlement - financial requirement

[darren1971]

For hourly paid employed is the income calculation done on the average paid into my personal account.

 

For example my last 6 months paid into my account: 2890,1890,700,2302,600,1676 = making an average of 1676 a month, which would be enough to meet the financial requirement?

 

'Where the person is in non-salaried employment – the level of gross annual employment income relied upon in the application will be the annual equivalent of the person’s average gross monthly income from non-salaried employment in the 6 months prior to the date of application (where that employment was held throughout that period).'

Edited May 6, 2018 by darren1971

[7by7]

I will answer.

 

You haven't said, but I assume from what you have said that you come under Category A: With current employer for 6 months or more –  person residing in the UK.

 

(There I go, making an assumption! But if questioners don't give full information that's what we have to do. If I'm wrong, then say which category you do come under.)

 

From the financial appendix, page 20

Quote

5.1.3. Non-salaried employment includes that paid at an hourly or other rate (and the number and/or pattern of hours required to be worked may vary..............

 

5.1.4. The only difference in Category A between salaried and non-salaried employment is how gross annual salary or employment income is calculated...............

 

Where the person is in non-salaried employment – the level of gross annual employment income relied upon in the application will be the annual equivalent of the person’s average gross monthly income from non-salaried employment in the 6 months prior to the date of application (where that employment was held throughout that period). 
 
To calculate this annualised average for non-salaried employment in Category A the following calculation should be used: 
 (Total gross income from employment held throughout the 6 month period, divided by 6) multiplied by 12 = Income from non-salaried employment that can be counted towards the financial requirement.

 

You can accept this, or not and instead yet again argue that you are right and everyone else is wrong; I really don't care.

Edited May 6, 2018 by 7by7
Correct typo