New Tier 2 salary thresholds from 6 April 2014. And what to do with a COS assigned before 06.04.2014.
The main Tier 2 minimum salary £20,300 goes up to £20,500. Worth reminding that the offered salary still has to be as on the Code of Practice, the £20,500 is just the minimum under Tier 2, so if the chosen SOC code requires more then the sponsored worker has to be offered more, or his/her hours have to be reduced (but not reduced too much for the annual salary to fall below £20,500). Salaries under Tier 2 Intra-Company Transfer (ITC) are also being updated, with the salary under Tier 2 ICT Long Term going up to £41,000. COS assigned before 6 April 2014 but when application is submitted on or after 6 April 2014: if you have been assigned a COS, then you can still submit a Tier 2 application based on that COS, in which case the old salary thresholds will apply (but Maintenance rules will apply as on the date of application). Maintenance rules change from 1 July 2014, such as the main ‘£900 held for 90 days’ rule changing to ‘£945 held for 90 days’ under Tier 2. Maintenance rule...