Extension (50K) - Visa Approved

Hi everyone,

I am delighted to inform you all that I have now extended my visa successfully for 50K category. My timeline is as follows;

Application sent: 29 March
Biometrics done: 12 April
IHS refunded: 18 May
Passport & Documents: 23 May (Decision Date 18 May)
Biometrics: Awaiting

Applied on my own, no solicitors.

Will try to answer your questions, and wish you all get the good news soon.

Regards,

Solomon.

Solomondid

Congratulations. Would be useful to know your list of documents that you submitted.

Thank you.

Congratulation,

Did you have losses in your business.

I applied for my extension similar time frame as yours , but i have been invited for an interview?

Not sure , why . ?

Thanks helpingperson,

I submitted following;

My passport biometrics
Directors loan agreement
Business statements covering only director loan transactions
Accountants letter of investment from IFA accountant
Accounts for year 2014-15 and management accounts for current year
Corporation tax latest CT600 and corresponding CT620 ACK
Latest office rental agreement and business rates letter from council.

Current Appointment Report printed from new CH website

Accountants confirmàtion of employment again from IFA Accountant
01 full time, 01 part time for a year 03 part timers for just over an year
I had 5 employees employed for various tenure so sent their passport copies only
03 employees were Europeans none had PR or ILR status they still employed
01 british and 01 Phillipines national on ILR status who I sent ILR card copy of.
All FPS and Payslips (I use sage)
P45 for who left - one issued by me for new employer
Latest quarterly P32 and payment receipt (PAYE)

Degree certificate and transcript
Maintenance two months postal copy and last month printed in bank with bw logo page but not stamped as Natwest refused to stamp it

Additionally

Data protection registration (ICO) - required in my profession
Other professional memberships
Training completion certificates of all employees

Again, wish all of you good luck guys take it in your hands dont depend on crook solicitors, may Almighty be pleased with you all and may you get good news soon, Amen.

Hi Shaf2008

Yes losses all three years,

Do not worry, however, as I think of it... It precisely is the documentation and nature of business which triggers interview requirement.

Dont just go by solicitors advise, read on whatdotheyknow and policy guidance for case workers you will be wiser and more confident. Its your business so prepare to answer market related questions and mainly appear well, talk loud and clear, your presentation will also matter. Dont worry you will get it!

Regards

Hi solomondid,

Did you invest the money in one year or did you invest the money in 3 different years in installments.

Solomondid,

Thank you for this.

Please could you tell more about your losses and how you proved your business is viable and growing despite losses in 3 years?

Did you submit documents for employees for which you did not claim points?

Hi Mahir

Investment made in last year 2015 and current year my last director loan transaction was on 15 March all as and when required really but had all money in personal account all the time.

Helpingperson,

Genuine business dont need to prove why they encountered losses, you prove something which is provable rest is obvious! Google must have proved our genuinity and we were nominated for a few awards, never won any but our business is listed on few very prominent websites in UK for example Virgin Start ups, loss is due to lot of research costs and investment in growth example a new product had nearly 40k in sales each year still paid salaries and rents staff training on our costs etc

solomondid wrote:Hi everyone,

I am delighted to inform you all that I have now extended my visa successfully for 50K category. My timeline is as follows;

Application sent: 29 March
Biometrics done: 12 April
IHS refunded: 18 May
Passport & Documents: 23 May (Decision Date 18 May)
Biometrics: Awaiting

Applied on my own, no solicitors.

Will try to answer your questions, and wish you all get the good news soon.

Regards,

Solomon.

many congratulations! did you not automatically meet the language requirements?

Yes sent all employee documents regardless

Congrats
What is the nature of your business

Congrates Solomondid,

Just want to know whether you were taking your salary(director's salary) every month inspite of loss every year?

sky_rise wrote:

solomondid wrote:Hi everyone,

I am delighted to inform you all that I have now extended my visa successfully for 50K category. My timeline is as follows;

Application sent: 29 March
Biometrics done: 12 April
IHS refunded: 18 May
Passport & Documents: 23 May (Decision Date 18 May)
Biometrics: Awaiting

Applied on my own, no solicitors.

Will try to answer your questions, and wish you all get the good news soon.

Regards,

Solomon.

many congratulations! did you not automatically meet the language requirements?

Believe I did, but with current situations deemed sending is no jarm why be over confident?

cappachino wrote:Congrats
What is the nature of your business

Was in IT now cloud computing

rajbhanu300 wrote:Congrates Solomondid,

Just want to know whether you were taking your salary(director's salary) every month inspite of loss every year?

Yes why would you not from your own business after working so hard?

Hi Solomon congratulation!

Did you send everything (payslips, fps, p11, ID) for all your employees?

Or everything for point claiming employees and only passport copies for the rest?

Thanks

Hi thanks,

I sent FPS, and payslips for all employees and listed all employees on the form and accountants confirmation, for ID I only sent passport copy of personal details for British and front and last page for European, for Philippino passport and his ILR card copy

Congrats
Great news
Dear if you pay yourself wages like director wages from your business so how your manage director loan for investment.
I mean if your investment is £k50 and paid yourself wages so
Have u reinvested that money via director loan.
Because ukvi now looking for to business bank transactions.
Regards
Ik

Congratulations Solomon,
Please can you upload the format of your FPS, this will be very useful. Because I also use sageone payroll software and the fps I am getting from the software is in xml file format, which is basically jagon.

Congrates Solomon,

Will really appreciate if you can share your format of Accountant letter for investment and Director's loan please.

Regards

Business2business wrote:Congrats
Great news
Dear if you pay yourself wages like director wages from your business so how your manage director loan for investment.
I mean if your investment is £k50 and paid yourself wages so
Have u reinvested that money via director loan.
Because ukvi now looking for to business bank transactions.
Regards
Ik

My investment was from second year onwards where as I took salary for all 3 years but investment in year where I took salary was in excess of 80K so yes you can say it was all paid back in one way or other

Ameten wrote:Congratulations Solomon,
Please can you upload the format of your FPS, this will be very useful. Because I also use sageone payroll software and the fps I am getting from the software is in xml file format, which is basically jagon.

I can you can change the export format to Excel or try opening the excel program first and go file>>open and try opening the xml file this way, i will try to copy the format but dont know if I can include here and how

Hellopino wrote:Congrates Solomon,

Will really appreciate if you can share your format of Accountant letter for investment and Director's loan please.

Regards

Investment letter

The Home Office

Dated 24 March 2016

We are acting on behalf of mr. ------- as their accountants, and representative to HMRC. This is upon their request we are cofirming the following;

Mr. --- is a sole director of XYZ LTD which is a registered limited company bearing the registration no. 0123456. The registered office of the firm is ------, and trading address business centre, London E1....

We confirm mr. S.... Has invested of his own funds at least 50K in aforementioned company which is registered and operating in the UK since 2013.

The funds were transferred from mr. S personal account no ----- to company account number 67890988. We attach the transfer dates and amount summary in a separate sheet.

We confirm the company has operated within the companies house regulations, and the investment will help with the growth, to foster, and make the business profitable in future.

We are registered member of the IFA with registration 4444444 and certificate number 2016/33333

We would be happy to answer any queries related to XYZ ltds accounts, investment, and profit loss statements, which are prepared as per the statutory requirements and as per the instructions and information made available by our client mr. S which we as company and the author bears no responsibility for. Niether shall we be held responsible for any financial liability.

Regards,

Mr. Dddddddddd
On behalf of
ZEEEE Accountants ltd

Contacts
Web
Email


Hope it helps.

Can you share your covering letter as well please