Hi during my initial application I showed £50,000 in my personal bank account. They have asked me to send bank statements, invoices and contracts in relation to year end accounts of 2016. I have seen home office trying to add the invoices and comparing them to bank statements and matching them with...
Dear All, I have received my approval letter from the Home Office today. This was my second extension. Initial in Mar 2013 - first renewal Mar 2016 - Second renewal April 2018 I will try and cover every point that I have seen raised by the fellow members. Please dont hesitate to raise any queries bu...
I have noticed that a number of visa's has been refused after the interview, majority of which has failed the genuine entrepreneur test. I am therefore writing this post to provide assistance to those who are genuine entrepreneurs but were refused due to the interviewers lack of understanding of the...
Paying salary in cash is perfectly fine but you need to be careful of the follows: 1. Was the cash withdrawn from the business account? If yes, than your accountant should be able to allocate it under salary expense, in line with the RTI/FPS submitted to HMRC 2. If the cash was not withdrawn from th...
You mentioned that the accountant has provided you with his ACA membership certificate. However, the accountant must also hold a practicing certificate. An accountant could be a member of ACCA/ACA but cannot practice unless if he/she has a practicing certificate. Therefore, please ensure that you as...
Accountants have an important role to play during the renewal of Entrepreneur visa, which is why as a fully qualified member and a fellow of ACCA, I thought to shed some light on from an accountant’s perspective. Let’s first prepare a list of mandatory documents, which are required by UKVI for the s...
I have seen a number of posts on this forum suggesting that Home Office is now interviewing a number of applicants. It is quite clear that Home Office is conducting interviews to assess genuine entrepreneurship. However, it appears to me that Home Office interviewer is also digging into the applican...
In my opinion, these interviews are aimed to consider the reliability of the documents provided plus genuine entrepreneur test. If I was you, I would first have all the documents handy, that were provided with the application. The questions will relate to your business with respect to genuine entrep...
You can log into your corporation tax gateway account, from which you can print this out - the print out would show your company name and corporation tax UTR. As this would be a printed out document from the HMRC government portal,which is why it is recommended that you sign that print out. Ask your...
You should read the guidance carefully to ensure that you submit all the relevant documents. If I was applying for extension, I would submit the following documents. Please note that some of the following may not be strictly required. 1. Application Form 2. Current appointment report with recent fil...
Dear Marcnath, I actually see your post as an intellectual discussion instead of an argument so the the word 'argue' was misplaced. You are correct to point out that some of the applicants may be nervous, who has already applied and may not have followed everything on my list. You are right to have ...
The entire point of this post is to ensure that the visa is not refused due to a silly mistake by Home Office. There are visa's refused due to not signing the FPS - May it be in the previous guidance but would you risk it by arguing that it is not required as per the guidance anymore? You may very w...
Hi Dnf, You have mentioned that sign the FPS and every documents. Can you please refer me where is in Policy guidance mention this point or just you are taking extra pre caution or there is any refusal came up where the applicant didn't sign the wage slips and FPS. Kindly send me the link. I have s...
The SET O forms just asks for confirmation on whether the accounts were provided previously and if so, then they do not need to be provided again, hence my confusion. I believe he was on Entrepreneur visa and applied under accelerated route. Please note that I have a strong opinion of sending every...
When applying ILR, you need to demonstrate that you have been abiding by the restrictions imposed by your Entrepreneur visa. Hi @dnf - appreciate your effort here and in your business where it looks like you have been supporting a number of entrepreneurs. Having gone through this process personally...
Thank you for sharing this list. Do you recommend sending the accounts at the time of ILR, in order to show that the amount is still invested? Or will that unnecessarily complicate the application? When applying ILR, you need to demonstrate that you have been abiding by the restrictions imposed by ...
I thought it may be useful to share our experience so that you could ensure that you request all the relevant documentation from your accountants: 1. When you take on an employee, please ensure that they fill form P46 - This is not required by HMRC if the employee has a P45 but will assist your case...
Hi Yasmeen, If your accountant have a practicing certificate than using his name should be fine as long as it is his name and not the firms name. Please note that being a qualified accountant and holding a practicing certificate are 2 different things so make sure that you clarify this with your acc...
Hi Yasmeen, If the accountant is employed by the firm than technically you are the firms client and therefore the accounts are deemed to have been prepared by the firm. Please note that as per ACCA guidelines, the name under the accountants report on the accounts would be the firms name. Your accoun...
In order for an accountant to prepare your accounts, he/she must hold a practicing certificate. This means that if your accountant, holds a practicing certificate than he/she can use their name on your accounts as your accountants. However, if they do not hold a practicing certificate than they are ...
Hi Zamaha, It is entirely an accounting question which I will reply to assist. However the OPs may raise a concern of diverting from the topic. You got this fine as your 2015 assessment was not filed and it has now been over 9 months overdue. In some circumstances, especially if you are employed by ...
Dear dnf, Many thanks for your information, My accountant is FCCA but he is working in a company which prepared my annual accounts, he signed the report, but the company he is working with does not have FCCA, but all its accountants have FCCA. Please advise In my opinion, if all the accountants are...
Dear All, I have noticed a number of queries on this board and as a regular user of this board, i thought it may be helpful if I clarify a number of points. 1. Accountants report on Financial statements - A number of people have raised this point as to why the accountants report is signed by the acc...
Please note the replies in the same format as they were raised: 1. On the financial statements, it is usually mentioned in the end that the company is controlled by 'XYZ' due to the virtue of their shareholding. It is not shown under directors report. 2. The accountant can assist you with 3 shares c...
