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Shop Lease Investment From Personal Account

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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aron1234
Junior Member
Posts: 68
Joined: Mon Nov 25, 2013 11:25 am

Shop Lease Investment From Personal Account

Post by aron1234 » Fri Oct 16, 2015 12:55 pm

Hello, my extension is due in few months and I invested (paid) shop rent from my personal account on behalf of the company. I did it in 2013 thinking it will be straightforward as any way I am investing my own money through the company or direct by myself but after reading this forum and new rules etc I don't think it is that straightforward, would anyone suggest me what is the best way to show this investment. Should I show as it just as an investment done by me or should I say I done it on behalf of the company


Any suggestions appreciated

Olasunkanmi
Diamond Member
Posts: 1324
Joined: Sat Aug 17, 2013 10:28 pm
Location: London, UK.

Re: Shop Lease Investment From Personal Account

Post by Olasunkanmi » Thu Oct 29, 2015 9:14 pm

@ deepakjr123, either you pay the shop rent through your personal bank acct or business bank acct, the most important thing is for you to have an invoice/receipt to show this transaction and you should also show it in your company annual accounts as expenses.
The key to success is knowledge and hardwork, and to have faith.

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