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salaries as investment

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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csb
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Posts: 9
Joined: Wed Nov 12, 2014 4:28 pm

salaries as investment

Post by csb » Thu Jan 22, 2015 8:14 pm

please can anyone here confirm if the salaries you pay your employees are counted as investment

samaygrg
Senior Member
Posts: 607
Joined: Sat Jun 09, 2012 11:12 pm
Location: United Kingdom

Re: salaries as investment

Post by samaygrg » Fri Jan 23, 2015 10:52 pm

Yes, definitely as in the HO guideline its clearly mentioned any rational business expenses are counted as investment.
Cheers

toghraee
Newbie
Posts: 31
Joined: Fri Jan 16, 2015 8:15 pm
Iran

Re: salaries as investment

Post by toghraee » Sun Jan 25, 2015 11:52 am

Yes , for all employees except yourself.

csb
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Posts: 9
Joined: Wed Nov 12, 2014 4:28 pm

Re: salaries as investment

Post by csb » Wed Jan 28, 2015 2:28 pm

please can you help me with the paragraph in the guidelines

whiteroses
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Posts: 156
Joined: Sat Jul 31, 2010 9:28 pm

Re: salaries as investment

Post by whiteroses » Wed Jan 28, 2015 3:44 pm

Yes, but first you would need to transfer 50K/200K to your account. If you use that to pay your staff, then the amount will be considered spent.

samaygrg
Senior Member
Posts: 607
Joined: Sat Jun 09, 2012 11:12 pm
Location: United Kingdom

Re: salaries as investment

Post by samaygrg » Thu Jan 29, 2015 10:16 am

csb wrote:please can you help me with the paragraph in the guidelines
35.
‘Spent’ by your business’ excludes spending on all of the following:
1) your own remuneration,
2) buying the business from a previous owner, where the money goes to that
previous owner rather than into the business,
3) investing in other businesses, and
4) any spending which is not directly for the purpose of establishing or running your
own business or businesses.

Tier 1(Entrepreneur) Policy Guidance version 11/2014 Page 16 of 59

whiteroses
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Posts: 156
Joined: Sat Jul 31, 2010 9:28 pm

Re: salaries as investment

Post by whiteroses » Thu Jan 29, 2015 3:56 pm

You can also read the guidance for caseworkers from December 2014 here: https://www.gov.uk/government/uploads/s ... .0_EXT.pdf

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