Salam
I got my tier 1 application (£50000) approved in April 2013 now I m planning to apply for extension application . In my initial application my funds were being shown as invested in company share capital , in the end of last year I invested those funds in a business but unfortunately in March 2015 means this year I left that business because of some personal circumstances .
My accountant say I don't need to invest in any business as the money is invested in share capital form but still that money is in my account and I am providing marketing services ( I have got only few clients ) . There is a petrol station opportunity coming in next month . I want to invest those funds in it .so I can earn something good but I am confused because of below mentioned things . Can someone please answer some of my questions.
1.Can anyone help that whether I can spend in petrol station if I was providing marketing consultanc services at the time of initial application.how
2. Can I switch my activity from marketing services to petrol station ( Is it of NQF4 level as people get work permits on petrol station as well)
3.if answer of point 2 is yes then Do we need to inform ukba that we are switching business activity ?
4. If we are having more than 2 full time employees from the time of initial application do we need to show all or its up to us that we can show just 2.
5. If the share capital money 50 k is in account should it remain in account all the time for 3 years
Please people if you can advice it would be great help .
Ms Mariam .
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