Excellent.

Got the answers.

Bank letter is fine.

How about providing last 2/3 months business bank statement???

and/or

Statement of Specific Transactions that shows the directors has transferred the required money to the business account???

Thank you.

Bank letter is fine.

How about providing last 2/3 month's bank statement?

or

Only the transactions that shows directors transferred the money??

Hi syed,
Can you please tell me, in share capital format, does anywhere policy guidance said to submit bank statement. So far I have seen bank statements are mendatory for DL option.

Please clarify.

Thank you zimba88.

Is it necessary to provide business bank statement for share capital?

Could you please give a document checklist for share capital part only?

Thanks

Did you submit 3 years business bank statement?

Dear Zimba88, Thank you very much for the prompt reply. If I go for the share capital option, do I still need to submit the business bank statements? My solicitor saying, in share capital we do not need to send bank statement unless HO ask. Solicitor is in favour of share capital in order to avoid t...

Hi zimba88, Thank for your reply. What do you wanted to mean by money must be traceable? My Business bank statement shows our personal full name for directors' loan amount transfer. But Some money were transferred from our joint account and in the business bank statement it shows only our surnames (...

Dear Zimba and other Gurus, My extension is due in 3 weeks. So far my plan was to show director's loan, but my solicitor is suggesting to make it share capital. His concern is showing share capital is less hassle as it does not require to provide all the 3 years bank statements and does not need any...

Dear Zimba88, Thank for your reply. What do you wanted to mean by money must be traceable? My Business bank statement shows our personal full name for directors' loan amount transfer. But Some money were transferred from our joint account and in the business bank statement it shows only our surnames...

Thank you Zimba88 for your views. One more thing I need to know. We have transferred the 58K to the business account from the 3 different sources (1. My personal account, 2. my partner's personal account and, 3. our joint account) over the last 3 years period in small small transaction i.e. 2k/2.5k/...

Thanks for the link.

However, it is in the initial application section. There is nothing in the extension guidance.

Is there anyone who have seen any refusal case for this reason (Director's Salary)?

zimba88, could you please shed light in here?

Thank you for the reply. I have never found anywhere written that Director Salaries will be deducted from the Investment amount. Can anyone please give an exact link or point where it clearly says? I am going to apply for the extension in mid Feb 2017. In the last accounting year (Nov 2015--Oct 2016...

Hello All, Thanks in advance for the valuable suggestion, specially Zimba. We are the 2 directors have been taking salaries from the last one year from the company and now someone told that Director's salaries are not countable towards the investment count. We have transferred around 58K to the busi...