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Yes, all the self assessment tax retruns are already up to date. They show no income as there are the profits are retained in the business.kirankhalil75 wrote:Hi
Did you file your self assessments on regular basis / yearly ?
Could you please clarify, did you apply via the same day service? If you applied on 6th May. have they just sent you the letter about further inquiries? Or did they send you a letter asking for more information?smartofficer wrote:they are taking very long now a days. i am still waiting about my application. i have submitted on 6th may @ croydon. Just handed me letter about further enquires. no news till yet.
How did you support yourself without drawing salary/dividend?mianzaidzubair wrote:Yes, all the self assessment tax retruns are already up to date. They show no income as there are the profits are retained in the business.kirankhalil75 wrote:Hi
Did you file your self assessments on regular basis / yearly ?
Many thanks
I have savings.Wanderer wrote:How did you support yourself without drawing salary/dividend?mianzaidzubair wrote:Yes, all the self assessment tax retruns are already up to date. They show no income as there are the profits are retained in the business.kirankhalil75 wrote:Hi
Did you file your self assessments on regular basis / yearly ?
Many thanks
According to ukba rules, if you are the sole shareholder of the company you are allowed to retain after tax profits in the company. The accountant's letter needs to state that you are entitled to these profits but choose not to draw the money out of the business. I am 100% sure about this because my last tier 1 extension was done on the same basis. Also, my friend got his ILR last year on the same day following the same principal.screenprint wrote:Profits are retain in the company, understood, but where is your earning's ?
I mean if you have not taken any income from company ( dividend or Salary ), than how you are except to meet earning requirements ?
The Company profit is Company Profit, not yours.
AIUI, the company has no obligation to pay it's directors or distribute profits (as dividends) should it so wish.mianzaidzubair wrote:According to ukba rules, if you are the sole shareholder of the company you are allowed to retain after tax profits in the company. The accountant's letter needs to state that you are entitled to these profits but choose not to draw the money out of the business. I am 100% sure about this because my last tier 1 extension was done on the same basis. Also, my friend got his ILR last year on the same day following the same principal.screenprint wrote:Profits are retain in the company, understood, but where is your earning's ?
I mean if you have not taken any income from company ( dividend or Salary ), than how you are except to meet earning requirements ?
The Company profit is Company Profit, not yours.
Thay is partly correct. The director has the decision to declare dividends if the company can sustain it.Wanderer wrote:AIUI, the company has no obligation to pay it's directors or distribute profits (as dividends) should it so wish.mianzaidzubair wrote:According to ukba rules, if you are the sole shareholder of the company you are allowed to retain after tax profits in the company. The accountant's letter needs to state that you are entitled to these profits but choose not to draw the money out of the business. I am 100% sure about this because my last tier 1 extension was done on the same basis. Also, my friend got his ILR last year on the same day following the same principal.screenprint wrote:Profits are retain in the company, understood, but where is your earning's ?
I mean if you have not taken any income from company ( dividend or Salary ), than how you are except to meet earning requirements ?
The Company profit is Company Profit, not yours.
Would pay more CT though since salary can be offset against profit for tax purposes.
mianzaidzubair wrote:Could you please clarify, did you apply via the same day service? If you applied on 6th May. have they just sent you the letter about further inquiries? Or did they send you a letter asking for more information?smartofficer wrote:they are taking very long now a days. i am still waiting about my application. i have submitted on 6th may @ croydon. Just handed me letter about further enquires. no news till yet.
Thanks
When did you apply? Thankssmartofficer wrote:mianzaidzubair wrote:Could you please clarify, did you apply via the same day service? If you applied on 6th May. have they just sent you the letter about further inquiries? Or did they send you a letter asking for more information?smartofficer wrote:they are taking very long now a days. i am still waiting about my application. i have submitted on 6th may @ croydon. Just handed me letter about further enquires. no news till yet.
Thanks
i applied via PCO Croydon same day services. After 4 hours they handed me and my partner letter of further enquiries. No documents asked till so ever. They just said we need further investigation on your case. when asked them how long, they said can be 1 day, 1 week and can be 6 months cannot say any time.
situation is tier 1, general. all taxes paid all class 2 NI paid, Employment + self employment.
Sorry didnt realise you were the same person.smartofficer wrote:already told u in previous post.
Was there a fire?smartofficer wrote:hi all,
I got ILR approved today after 83 days. I applied for Same day application. At last big relief.
Does anyone know procedure to get refund of PEO services £ 500. As i was not given decision same day.
thank you All.
https://www.gov.uk/ukvi-premium-service ... s/overviewYour application may take longer than a day if extra checks are needed. If your application is delayed for other reasons, eg IT problems or a fire evacuation, you may be able to get a refund of the premium service fee
hahaha...No No there was not any fire.noajthan wrote:Was there a fire?smartofficer wrote:hi all,
I got ILR approved today after 83 days. I applied for Same day application. At last big relief.
Does anyone know procedure to get refund of PEO services £ 500. As i was not given decision same day.
thank you All.
If just a deferred case then, unfortunately, no dice.
https://www.gov.uk/ukvi-premium-service ... s/overviewYour application may take longer than a day if extra checks are needed. If your application is delayed for other reasons, eg IT problems or a fire evacuation, you may be able to get a refund of the premium service fee
Hello geeks i need help.in.this topicsmartofficer wrote:Hello geeks
My partner is on Flr(m ) and we are blessed with baby. He got british and visa for india as i m on ILR. Now they are planning to visit home country. My questions is.
How long my wife can stay in india so that stay does not affect ILR and flr m rules.
Best Regards
Can you please stop tagging your question onto so many other members topic and continue in your own topic.whicky wrote:Hi mianzaidzubair,
Congratulations on your AR success. The information provided by you is very helpful. I am planning to do AR myself and I have seen somebody's AR is been rejected. Can you please let me know what cautions need to be done to submit AR right?
Thanks