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Previously on "Applying for a personal credit card"

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  • Craig@Clarity
    replied
    Originally posted by frontenddeveloper View Post
    Thanks

    So to clarify...

    for example if I took:

    £500 as salary
    £3000 as dividends
    £300 as 10% tax credits

    Total NET would be £3800

    Total GROSS would be around £67k (based on an online target income calculator)

    Does that seem about right?


    Does that seem
    If gross salary is £500 and dividends + 10% tax credit = gross dividends of £3,333 then total gross income would be £3,833.

    Leave a comment:


  • frontenddeveloper
    replied
    Thanks DaveB

    Going for a card thats 0% on balance transfers for 14 months and 0% purchases for 14 months

    Leave a comment:


  • DaveB
    replied
    Frankly they dont care, as long as the number is in their acceptable range and your credit history is not cack, they'll give you a card.

    If you get into trouble with the payments or anything else down the line, *then* they'll go back and scrutinise every detail looking for a way to screw you over.

    Leave a comment:


  • frontenddeveloper
    replied
    Thanks

    So to clarify...

    for example if I took:

    £500 as salary
    £3000 as dividends
    £300 as 10% tax credits

    Total NET would be £3800

    Total GROSS would be around £67k (based on an online target income calculator)

    Does that seem about right?


    Does that seem

    Leave a comment:


  • Craig@Clarity
    replied
    I would assume that to mean gross salary + gross dividend (net dividend + 10% tax credit)

    Leave a comment:


  • frontenddeveloper
    started a topic Applying for a personal credit card

    Applying for a personal credit card

    Hi,

    I want to apply for a credit card, when it asks me to enter annual income before tax do I enter the salary + dividends amount or just the salary?

    Currently I'm taking min wage + some dividends.

    Thanks in advance

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