Changes to the minimum income and adequate maintenance requirement
This is the latest update from the Home Office on income requirements for visa applications. The Gov website states the following:
"If you’ve experienced a loss of income due to coronavirus up to 1 January 2021, we will consider employment income for the period immediately before the loss of income, provided the minimum income requirement was met for at least 6 months immediately before the date the income was lost.
If your salary has reduced because you’re furloughed, we will take account of your income as though you’re earning 100% of your salary.
If you’re self-employed, a loss of annual income due to coronavirus between 1 March 2020 and 1 January 2021 will usually be disregarded, along with the impact on employment income from the same period for future applications."
This is a difficult area in normal time COVID just made it a bit harder just like most other things in life these day. We are here to help and support where possible, just reach out.
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