Two Business Accounts

infinitesmile · Post by **infinitesmile** » Mon May 16, 2016 9:55 pm

I have two Business accounts. One is before I got the visa and second one is just recently opened after 3 months of getting the visa.
My question is that at the time of extension will I have to show both of the accounts or can I only show one account. As I am planning to invest in the second newly opened account all the 50k.
I don't want to show the first account during the time of extension and don't want to claim the points for it as well. Is this a possibility??????

hina_pirzada · Post by **hina_pirzada** » Mon May 16, 2016 10:28 pm

There is no any issue if you are using your second account as a main business account it should be fine but do not mix all of them for example pay all your expenses and salaries to employees - pay bills to HMRC from the same account where you showing your funds being invested.

zimba · Post by **zimba** » Tue May 17, 2016 8:48 am

No. There will be no issues. Only show the account you are using for investment

infinitesmile · Post by **infinitesmile** » Fri May 20, 2016 1:02 pm

Thank you Zimba and Hina for your comments

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Two Business Accounts

Two Business Accounts

Re: Two Business Accounts

Re: Two Business Accounts

Re: Two Business Accounts