Immigrationboards.com

rpsarangi · Senior Member Joined: 14 Sep 2010 Posts: 304 Location: U.K

Hi all .. One of my friend said that HO is refusing 90% of the application who are self employed( sole trader).Since I fall under that category I am scared. Do anybody have any knowledge about this news? Or any information?
Please reply.
Thanks Sad

vinividivici · Junior Member Joined: 17 Jan 2012 Posts: 16

if u paid tax to HMRC on the declared amount given to HO when u applied for T1 initial, then u should be fine.

if u didnt then u can thank lady luck cuz u will need her again in ILR

John · Posted: Fri Jan 20, 2012 9:28 pm Post subject:

rpsarangi · Senior Member Joined: 14 Sep 2010 Posts: 304 Location: U.K

Yes I have paid tax for the amount I claimed in my initial application and my that document is in order.. I will also provide HO with the tax document for past 2years along with the tax filing of the current year.. Does anybody have any idea in case anything happening with sole traders going for extension of tier 1??
Thanks

John · Posted: Sat Jan 21, 2012 7:56 am Post subject:

rpsarangi, if all the tests have been passed, and you can prove it, there is no reason for your visa application to be refused.
_________________
John

If you have joined this board recently, or have made a low number of posts, please read this topic (click) before sending me a Private Message.

rpsarangi · Senior Member Joined: 14 Sep 2010 Posts: 304 Location: U.K

thanks for replies...

rajani1981 · Junior Member Joined: 30 Dec 2010 Posts: 30

karancat · Newbie Joined: 27 Jan 2011 Posts: 8 Location: UK

Dear Friends, A very quick query in regards to filing my tax returns.I am currently on a Tier 1 visa and my visa is due for renewal on the 13th of April 2013. When I was initially granted the visa I had shown income from salary and self employment.The income was satisfactory and the HO granted me the initial visa. Now I need to file my tax returns on the amount.This is for the tax year 2010-2011.The last date for filing my tax returns was 31 Jan 2012 which means that I already have a penalty of £100.My query is, if I incurred losses during the last year which happened after the visa was issued will the HMRC have any issues with it.Say for example my annual income including salaried and self employed was £52000 and if I incurred losses of around £22000 ( which I intend to declare to the HMRC), will it be likely that they might set an enquiry in this case? These were genuine losses for the business and the monies were refunded to the clients.Moderators and gurus please advise me on this because I intend to file my taxes before 30 April 2012 because the penalty increases to £10/day after that.

rpsarangi · Senior Member Joined: 14 Sep 2010 Posts: 304 Location: U.K

To my understanding when you applied for initial visa you must have shown the profit to the HO so you need to file tax for the profit shown. I don't think that you can say loss when you have already shown profit in some amount .
_________________
.......................................................................
Fingers crossed.....Trust in God.....
.......................................................................

shahjee11 · Posted: Sun Apr 29, 2012 9:44 am Post subject: Re: Tax query-Please Help

AccountantMatthew · Posted: Mon Apr 30, 2012 7:40 am Post subject:

Firstly take the UKBA consideration out of the equation and get your tax administration up to date.

Get the 2010-11 tax return filed ASAP. As you say, HMRC will have the power to add £10 per day from 1st May.

You can try to reduce your payments on account by giving HMRC the reasons why. However do be realistic in the application for reduction. This is done on the SA return.

The other alternative is to contact HMRC to negotiate a payment plan - contact details are on their website. Communicating with them as early as possible is the key. Then get your tax return for 2011-12 in as easrly as you can.

No-one can say whether you will be selected for any enquiries; if the situation is as you described to HMRC then you have nothing to worry about, you just answer the questions.

Finally, unless you are one yourself, it's best to get someone else with experience to deal with your tax affairs as they appear more complex that the average.
_________________
Please don't private message me or e-mail me for free personal advice - you are just wasting your time writing something that won't get answered.
Anything written here shouldn't be construed as being formal advice given in a professional capacity.