Hello All, As these new and challenging times have taught us the most important things. I am on a Tier 1 visa and I wanted to see if there is a way to permanently sponsor my older parents who are living in a deprived country and I want them here with me for the long term. Is there such an option/ vi...
Hello, Me again! To answer the question back in April, yes it is my own assumption and opinion, based on the fact that the company was loss making ( sales weren't enough to cover costs) and now all sales channels have dried up but business is still open and staff on payroll, therefore, more costs, n...
@ Mohamed, just so I can understand for my own curiosity, you are on the Tier 1, £200k route, and have a restaurant, your revenue was £350k or you've spent an additional £150k and have ended up spending £350k instead of £200k?
Great! I was thinking as a director if I get furloughed, but staff are to carry on as in normal, as they have more work to do than I do, as I normally look after sales and business development, which is currently not happening, would this be suspicious to HMRC and Home office? Please note I have no...
I should have clarified, I am pre-ILR, so have already shown them the £50k investment documents in previous applications. I meant in terms of the small business bounce back loan, would that be an issue?
Also must add that any loan or assistance you get for your business CANNOT be counted as amount invested in the business. :!: Would this be more relevant to the those at the start of the Tier 1 journey, as opposed to pre-ILR? On the back of this, I wanted to ask, if a business did take a loan to he...
Great! I was thinking as a director if I get furloughed, but staff are to carry on as in normal, as they have more work to do than I do, as I normally look after sales and business development, which is currently not happening, would this be suspicious to HMRC and Home office? Please note I have not...
Any thoughts on the govt backed 100% small business loan and if it's ok to apply for it and speculation on Home Office reaction to this? And any idea where one applies and how for this? TIA
But they'd expect to see revenue coming in right? Otherwise, it's just outgoings? and a £50k investment becomes a £150k loss without revenues, let alone being able to achieve a net profit after EBIDTA.
Oh, and also from your experience, the fact that my accounts will be showing a massive loss as opposed to profit therein no CT to be paid, have you seen cases where the IRL/ visas were approved on loss making businesses?
Hey, So I am carrying on as normal as much as I can push with the two jobs and salaries/ NIC/ PAYE and Pensions. My concern though is, revenue has literally disappeared overnight and I am currently only paying for the salaries, I've even stopped all my marketing activity to make sure cash flow suffi...
What I can't seem to get my head around is: Does this mean we don't now need 2 jobs? One job but how many staff is multiple staff? If you get have the one staff for the one job for 12 months, can you still go ahead and apply for IRL or do you need to extend, do the 12 months with the 2 jobs at 30 ho...
Thanks. This is why I was confused to as it seems contradictory, is it that we only have 1 job for 1 year or still got to have 2 jobs ? The 6 months here, and 6 months elsewhere has always been in place, I used that for my extension application so I know they do accept this. It's all a bit vague and...
Reposting here since your colleague get annoyed when I post on other's pages, even though many may have the same question. Please can you explain How would this work? Are you able to illustrate with an example? Is it better to grin and bear it for 2 jobs and 30 plus hours then go in for in extension...
If you are on a Tier 1 Entrepreneur visa and your business has been disrupted You no longer need to employ at least 2 people for 12 consecutive months each. The 12 month period you are required to employ someone for can be made up of multiple employees across different months. Time when your employ...
Thanks, I have gone through the Covid-19 posts (could be a useful fallback to explore). The key point to this regard made by @marcnath 'two jobs of 30 hrs/week each.'. My confusion is if I could fall short of this 30 hrs/ week in certain months having 31 days or as long as annual Hours are above 15...
If you are on a Tier 1 Entrepreneur visa and your business has been disrupted You no longer need to employ at least 2 people for 12 consecutive months each. The 12 month period you are required to employ someone for can be made up of multiple employees across different months. Time when your employ...
Thanks, I have gone through the Covid-19 posts (could be a useful fallback to explore). The key point to this regard made by @marcnath 'two jobs of 30 hrs/week each.'. My confusion is if I could fall short of this 30 hrs/ week in certain months having 31 days or as long as annual Hours are above 15...
Yes, but easy to become director, you just submit an AP01 and backdate it to whatever date one needs. So it'll be covered as well within my 12 months window as visa is 2nd May 2021.
You're not completely incorrect, if you read some of my posts you will see that company A wasn't doing well and I didn't want staff for the sake of it on it, but company B which I have not joined but have owned since 2017, but was never declared to HO in past applications ( as investment amount was ...
Hey, Not looking for loopholes, just occurred to me as a bit of a counter productive guidelines, as in one part they don't need to see the investment documentation again, therein won't know if I've spent £50k, £75k or £200k as they don't ask for this, so one could join/ take over several businesses ...
