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by AccountantMatthew
Tue Sep 18, 2012 6:02 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: ICAEW letter for Accountant
Replies: 4
Views: 847

I receive correspondence from my Institute (ICAEW) with my membership number on and have a qualification certificate but no membership letter. I would not provide a copy of my certificate and I would be surprised if many accountants did. The accountant is more likely to note down their membership nu...
by AccountantMatthew
Tue Aug 14, 2012 10:25 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: registered as an employer to pay PAYE and National insurance
Replies: 4
Views: 618

You don't need to register the business as an Employer if you are a sole trader. Sole traders don't take a salary from the business, they take drawings.
by AccountantMatthew
Mon Jun 18, 2012 7:56 am
Forum: General UK Immigration forum
Topic: visa fees business expense?
Replies: 5
Views: 2053

It is up to you whether or not you wish to show them as business expenses. From a tax perspective, they are not self-employed business expenses and cannot be claimed as such when it comes to self assessment return filing time. It therefore follows that there is no point in including them in your ac...
by AccountantMatthew
Wed Jun 06, 2012 3:39 pm
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: abc
Replies: 5
Views: 622

HMRC don't do this.

Your accountant will write in their letter that they are your accountant and then let UKBA know their registration/firm number in the same letter. The UKBA then carry out any checks that they require.
by AccountantMatthew
Wed Jun 06, 2012 2:56 pm
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: abc
Replies: 5
Views: 622

bash you are going to have to wait longer than 40 minutes for a reply - we aren't free hires that give (again free) advice on demand! Now .... I have not yet received any accoutant confirmation letter from.hmrc. What do you mean by this sorry? Are you looking to see if your accountant holds a qualif...
by AccountantMatthew
Tue May 29, 2012 12:06 pm
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Self-Employment Accountant Letter: Accountant certification.
Replies: 17
Views: 5394

There is a difference between "FCA recognized accountant" (whatever the person meant by that) and "a registered accountant who is a FCA".
.... Not sure who this FCA is who goes around recognising accountants! Such a body does not exist.

To restate an FCA is an ICAEW designation.
by AccountantMatthew
Tue May 29, 2012 11:43 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Self-Employment Accountant Letter: Accountant certification.
Replies: 17
Views: 5394

An FCA is a Fellow of the Institute of Chartered Accountants in England & Wales.

... so yes!
by AccountantMatthew
Sun May 27, 2012 10:01 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1 General dependant application
Replies: 9
Views: 916

No - but remember that you will be paying tax and NI on this salary and the company must also be set up as an Employer with HMRC to run the PAYE system. Neither have been mentioned so do make sure that your company is complying with its tax obligations.
by AccountantMatthew
Fri May 25, 2012 2:18 pm
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Extension application - selfemployed director of company
Replies: 23
Views: 3175

But recently there is so much confusion in this forum and I am not sure if I should apply as employed or self employed. There isn't any confusion at least as far as I'm concerned. This is what the UKBA say in their own words: Under Part 6A of these Rules, "Self-Employed" means an applicant is regis...
by AccountantMatthew
Fri May 25, 2012 2:07 pm
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Class 2 NI - Self employment proof
Replies: 4
Views: 781

Take a look here for more information:

http://www.hmrc.gov.uk/working/intro/em ... oyed.htm#4
by AccountantMatthew
Fri May 25, 2012 11:00 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1 (General) extension - self-employed
Replies: 20
Views: 4923

You are I'm afraid zuby! As far as HMRC are concerned, in the situation you are employed . Therefore Class 2 and Class 4 NI is not payable and any NI is paid (via Class 1) through the PAYE system. As far as UKBA is concerned, which is the main thing for the application, you are self employed . To re...
by AccountantMatthew
Fri May 25, 2012 6:26 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1 (General) extension - self-employed
Replies: 20
Views: 4923

You won't be liable for Class 2 NI payments.
by AccountantMatthew
Wed May 23, 2012 7:33 am
Forum: Newly Arrived in UK - General How To queries (NO immigration/visa/ILR queries)
Topic: Documents for tax
Replies: 3
Views: 1066

Employees can request for their employment / tax history ... perhaps HMRC entertains such requests from self-employed too.
They do!
by AccountantMatthew
Wed May 23, 2012 6:25 am
Forum: Newly Arrived in UK - General How To queries (NO immigration/visa/ILR queries)
Topic: Self Employed National Insurance Contributions
Replies: 2
Views: 1384

Sorry to come across as a pedant but ... In addition, if the profits are above 5,650 GBP, there will be additional type-4 NI Contribution at the rate of 8%-9% of profits up to 42,475 GBP, plus 2% on profits over 42,474. The class 4 lower profits limit has now changed. For those filling in a tax retu...
by AccountantMatthew
Tue May 22, 2012 11:48 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1G extension - director of limited company
Replies: 10
Views: 1615

No that won't apply to you. In your situation you are self employed as far as the UKBA is concerned but not as far as HMRC is concerned. Therefore you won't register with HMRC as you would if you are a sole trader. By all means call them if you want a second opinion but you will be told the same thi...
by AccountantMatthew
Tue May 22, 2012 11:09 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1G extension - director of limited company
Replies: 10
Views: 1615

If you are the director/owner of a company then in the eyes of HMRC you aren't self employed.
by AccountantMatthew
Mon May 21, 2012 4:35 pm
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1G extension - director of limited company
Replies: 10
Views: 1615

No. That's for sole traders (and partners) only. Even though in your situation you are self employed in the eyes of the UKBA, you aren't as far as HMRC (or pretty much everybody else) is concerned.
by AccountantMatthew
Mon May 21, 2012 3:40 pm
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1 (General) extension - self-employed
Replies: 20
Views: 4923

Oops sorry priyakute I should check my posts twice on a Monday morning before pressing submit! I did mean self-employed as I'm sure sushdmehta will have realised given my spiel about the HMRC and accountants after it. Just in case if you don't believe me (or even if he/she doesn't) here is what UKBA...
by AccountantMatthew
Mon May 21, 2012 7:08 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Very Urgent Tier1 G Extension Query
Replies: 13
Views: 2243

From your PM UKT1G (as my signature says, I can't answer PMs so please don't send) I need your advice with regards to tax payment on full time employment in foriegn country where there is no taxation. I am filing for Tier1 General Extension with overseas employment. Do i need to show any tax returns...
by AccountantMatthew
Mon May 21, 2012 7:00 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Tier 1 (General) extension - self-employed
Replies: 20
Views: 4923

For the purposes of the UKBA you are employed (even though HMRC and accountants/tax people would always say differently, it's not up to them in this case!) You will not register and pay class 2 National Insurance. That is for those who are self employed in the eyes of HMRC. You will be paying class ...
by AccountantMatthew
Fri May 18, 2012 6:42 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: ACCA - qualified chartered certified accountant
Replies: 3
Views: 999

by AccountantMatthew
Thu May 17, 2012 1:47 pm
Forum: Indefinite Leave to Remain
Topic: ILR as self-employed.
Replies: 3
Views: 796

If the accountant isn't fully qualified then it's a no: 112. Where an applicant is providing evidence from an accountant or accountancy firm the accountant must be either a fully qualified chartered accountant or a certified accountant who is a member of a registered body. If the earnings were for w...
by AccountantMatthew
Thu May 17, 2012 7:07 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Salaried + Self employed General Query
Replies: 22
Views: 2460

Could I please also request AccountantMatthew for his valuable advice? Sorry mika, I've been busy with the day job! You wouldn't be being considered unprofessional by a caseworker if your earnings period does not co-incide with your accounting year. In the majority of cases this scenario will arise...
by AccountantMatthew
Thu May 17, 2012 7:02 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: self employed Earnings
Replies: 2
Views: 575

You will be claiming self employment profits for your earnings period which will be different to your accounting year (and what is provided for HMRC). Therefore you will be drafting a separate set of accounts for UKBA. So for HMRC your accounts will cover Aprill 11 to April 12 and for UKBA your acco...
by AccountantMatthew
Thu May 17, 2012 6:56 am
Forum: NOW LOCKED - UK Tier 1 (General) Dependent Visas - Pls Post in Immigration for Family Members sub forum
Topic: Self employed NI bills and Business Management Accounts
Replies: 6
Views: 897

You've done all that you can in your control mika so it's a bit of a wasted energy in panicking to be honest! You will be far from unique in your situation. HMRC's NI bills are all sent out 6 monthly now and you can prove that you have been paying this from previous bills and you can also prove you ...
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