Self Employed - Queries

[sureshep]

My Tier 1 extn is due in Nov 28 this year. I am planning to file on 15th Nov.
Trying to get the things sorted out right from now.

I have registered as "Self employed" with HMRC. and I worked for a 6 months contract for which I use to get the salary from umbrella to my personnel bank account.

However, by reading your posts - I have few questions :

1) Is it mandatory to use only Business bank account for my salary received from umbrella ?? Reason behind is I didn't opened any business bank account. All salary amount has been transferred to my personnel bank account.

Will that be a serious problem for my extension ?


Regards,

[tier1_applicant]

My Tier 1 extn is due in Nov 28 this year. I am planning to file on 15th Nov.
Trying to get the things sorted out right from now.

I have registered as "Self employed" with HMRC. and I worked for a 6 months contract for which I use to get the salary from umbrella to my personnel bank account.

However, by reading your posts - I have few questions :

1) Is it mandatory to use only Business bank account for my salary received from umbrella ?? Reason behind is I didn't opened any business bank account. All salary amount has been transferred to my personnel bank account.

Will that be a serious problem for my extension ?


Regards,

did umbrella company advice your to get register with hmrc?
You need not register as self employed if all of your work is through umbrella company e.g. you are employed by umbrella company in this case and there is no need of any business account

[John]

sureshep, based upon what you have posted, you are employed, both for tax and immigration purposes.

[Sushil-ACCA]

if proper PAYE paid to meet yr salary threshold than no worry

all PAYE paid to HMRC can be checked by call by u to hmrc

no business a/c is reequired unless it is ltd company