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Search found 78 matches

by legendfar
Fri Mar 10, 2017 5:42 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: ILR from Tier 1
Replies: 8
Views: 721

Re: ILR from Tier 1

if i go for 10 years will her clock be zero and if i apply ILR on tier 1 will she be getting ILR as well ? Yes, if you apply for ILR based on long residence she will have to switch to FLR(M) which will reset her clock and she will be on a new 5 year route (2 X 2.5 year visas) towards ILR or 10 year...
by legendfar
Thu Mar 09, 2017 3:17 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: ILR from Tier 1
Replies: 8
Views: 721

Re: ILR from Tier 1

if i go for 10 years will her clock be zero and if i apply ILR on tier 1 will she be getting ILR as well ? Yes, if you apply for ILR based on long residence she will have to switch to FLR(M) which will reset her clock and she will be on a new 5 year route (2 X 2.5 year visas) towards ILR or 10 year...
by legendfar
Thu Mar 09, 2017 1:14 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: ILR from Tier 1
Replies: 8
Views: 721

Re: ILR from Tier 1

Hi Guys just need to ask got extension Tier 1 in May 2016 and since then i have one employee if i keep only one employee till my ILR due in May 2018 would that be fine or do i have to create another job if i keep him till then , 24 months requirement will be fulfill anyway but does it have be anoth...
by legendfar
Thu Mar 09, 2017 1:07 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: ILR from Tier 1
Replies: 8
Views: 721

Re: ILR from Tier 1

Hi Zimba thanks yes i got my extension in May 2016 and he is still working with me and hopefully he will be working with me by the end of my ILR May 2018 but i am completing my 10 years in this September bit confused whether i should go for 10 years or on tier 1 as my wife has been in this country a...
by legendfar
Thu Mar 09, 2017 10:24 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: ILR from Tier 1
Replies: 8
Views: 721

ILR from Tier 1

Hi Guys just need to ask got extension Tier 1 in May 2016 and since then i have one employee if i keep only one employee till my ILR due in May 2018 would that be fine or do i have to create another job if i keep him till then , 24 months requirement will be fulfill anyway but does it have be anothe...
by legendfar
Wed Feb 22, 2017 9:56 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment Staff Salary
Replies: 9
Views: 722

Re: Investment Staff Salary

Yes, earlier we all thought that all the money had to be spent but it is now clear that you don't have to spend all the money. Just make sure you don't use your investment to pay yourself. Hi Sm12 I think the best answer of this i found after so much consideration that Q. Where did you invest money...
by legendfar
Tue Feb 21, 2017 1:54 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment Staff Salary
Replies: 9
Views: 722

Re: Investment Staff Salary

Yes, earlier we all thought that all the money had to be spent but it is now clear that you don't have to spend all the money. Just make sure you don't use your investment to pay yourself. Hi Sm12 I think the best answer of this i found after so much consideration that Q. Where did you invest money...
by legendfar
Mon Feb 20, 2017 5:00 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment Staff Salary
Replies: 9
Views: 722

Re: Investment Staff Salary

Did you transfer 50,000 from your personal account to business account as unsecured director's loan and/or share capital? If yes, then it's fine. The spending is ok as long as you didn't use your investment to pay your own salary. Hi Sm12 thanks for your reply yes i did as director loan and transfe...
by legendfar
Mon Feb 20, 2017 4:01 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment Staff Salary
Replies: 9
Views: 722

Re: Investment Staff Salary

Did you transfer 50,000 from your personal account to business account as unsecured director's loan and/or share capital? If yes, then it's fine. The spending is ok as long as you didn't use your investment to pay your own salary. Hi Sm12 thanks for your reply yes i did as director loan and transfe...
by legendfar
Mon Feb 20, 2017 2:56 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment Staff Salary
Replies: 9
Views: 722

Investment Staff Salary

Hi Cr001 i am creating my own thred to all expert please advice If i say in interview Salary paid £2300 marketing around = £6000 Phone bills = £3000 Accounting fees= £3500 office insurance + Rent = 1200 office desk computer stuff= £6000 total 42,700 and rest was in business bank account at the time ...
by legendfar
Mon Feb 20, 2017 2:46 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment ?
Replies: 21
Views: 816

Re: Investment ?

Hi Kapoor thanks for your reply it means if i say i my interview Salary paid £2300 marketing around = £6000 Phone bills = £3000 Accounting fees= £3500 office insurance + Rent = 1200 office desk computer stuff= £6000 total 42,700 and rest was in my account at the time of extension application Will i...
by legendfar
Mon Feb 20, 2017 2:34 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment ?
Replies: 21
Views: 816

Re: Investment ?

Hi Kapoor thanks for your reply it means if i say i my interview Salary paid £2300 marketing around = £6000 Phone bills = £3000 Accounting fees= £3500 office insurance + Rent = 1200 office desk computer stuff= £6000 total 42,700 and rest was in my account at the time of extension application Will it...
by legendfar
Wed Feb 01, 2017 5:44 pm
Forum: Indefinite Leave to Remain
Topic: absent count
Replies: 8
Views: 775

Re: absent count

1. I will apply ILR after 21-07-2021 so my absent will be calculated as 180 days backward in each year? Yes 2. I want to plan my upcoming India visit in such a way that i could use remaining days of my first year in continuation of 2 year 180 days so that i can stay in India for longer time by foll...
by legendfar
Thu Jan 26, 2017 10:51 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Employment Requirement after Extension
Replies: 7
Views: 775

Re: Employment Requirement after Extension

zimba88 wrote:Part time ?? or you mean 4 people for 6 months FULL TIME I guess ?? Then the answer is yes
Hi Zimba
Can someone not have keep only one employee after getting extension for 24 months and apply for ILR after that ?
by legendfar
Fri Jan 20, 2017 2:49 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Business Consultancy Thread
Replies: 1
Views: 360

Business Consultancy Thread

Hi Guys
I would like to invite all the entrepreneur who is running business consultancy business in any sector
so we can discuss and share experiences thats how we can help each other .
Hope Moderator will allow this thread to go ahead..
thanks
by legendfar
Fri Jan 20, 2017 11:15 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: What is Best Answer
Replies: 4
Views: 647

Re: What is Best Answer

Hi Noajthan thanks for your reply the above thing are true money comes from back home and some saving question here is will they accept this answer or do they accept this answer? If that is your answer it sounds perfectly reasonable. You may ofcourse be asked for details or evidence as a follow up....
by legendfar
Fri Jan 20, 2017 9:43 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: What is Best Answer
Replies: 4
Views: 647

Re: What is Best Answer

Its not about finding an acceptable or politically-correct answer; its about responding clearly, candidly and truthfully based on particulars from your case (not someone else's). Hi Noajthan thanks for your reply the above thing are true money comes from back home and some saving question here is w...
by legendfar
Fri Jan 20, 2017 9:35 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: What is Best Answer
Replies: 4
Views: 647

What is Best Answer

Hi Guys a question has been in mind for so long its a common question but what would be the best answer What do you do for survive or How do you feed your family? If your business in loss and you take only minimum salary form business account take and cant take Dividend from business account due to ...
by legendfar
Thu Jan 19, 2017 11:38 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Contract work through Ltd company on T1 Ent Visa
Replies: 8
Views: 3309

Re: Contract work through Ltd company on T1 Ent Visa

You need to review the terms of your contracts and see if you are working in capacity of an employee. Many solicitors provide contract review services for the same reason !!! You can ask these questions for a start: - Are YOU personally responsible for the work ? - Is the contract between YOU and t...
by legendfar
Thu Jan 19, 2017 11:37 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Entrepreneur extension 50k investment
Replies: 12
Views: 1560

Re: Tier 1 Entrepreneur extension 50k investment

zimba88 wrote:Yes, payments to contractors are valid business expenses
thanks
i paid around 12 thousand pound for one of my contractors
so i can consider that one as investment
thanks
by legendfar
Thu Jan 19, 2017 11:07 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Entrepreneur extension 50k investment
Replies: 12
Views: 1560

Re: Tier 1 Entrepreneur extension 50k investment

He can. The guide tells you what is NOT acceptable Hi Zimba and if someone works for your company like as self employed not on your payroll and they provide service to client on your company behalf. and as a Company we charge from client and pay this self employed person , would that be counted as ...
by legendfar
Thu Jan 19, 2017 11:04 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Entrepreneur extension 50k investment
Replies: 12
Views: 1560

Re: Tier 1 Entrepreneur extension 50k investment

hi fellows, I came across this forum few weeks ago and it is very help full. Actually I am going to apply for tier 1 entrepreneur extension 50k category in Feb. 2017. I need help on investment. I spend 35 k on new office, systems, ipads, marketing etc. Now I want to invest 15k more but I don’t know...
by legendfar
Thu Jan 19, 2017 11:03 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Entrepreneur extension 50k investment
Replies: 12
Views: 1560

Re: Tier 1 Entrepreneur extension 50k investment

zimba88 wrote:He can. The guide tells you what is NOT acceptable
It means he can show Salaries as investment , it shouldnt be a problem for him then to show investment.
by legendfar
Thu Jan 19, 2017 10:56 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Contract work through Ltd company on T1 Ent Visa
Replies: 8
Views: 3309

Re: Contract work through Ltd company on T1 Ent Visa

Not if that is a contract of service. Again, working in capacity of an employee is a form of employment and there are even tax rules (IR35 rules) that cover this. You should read the dentition of employment status from HMRC website: https://www.gov.uk/government/publications/employment-status-manua...
by legendfar
Thu Jan 19, 2017 10:21 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Contract work through Ltd company on T1 Ent Visa
Replies: 8
Views: 3309

Re: Contract work through Ltd company on T1 Ent Visa

Working in capacity of an employee was never allowed under Tier 1E as it is a form of employment, no matter if you conducted it via your own company. You must not undertake contact work in which you are working in capacity of an employee for another company. That is against the rules and your visa ...
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