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by marcnath
Tue Apr 13, 2021 3:12 pm
Forum: Indefinite Leave to Remain
Topic: Payroll without accountant
Replies: 45
Views: 1716

Re: Payroll without accountant

Hi all, For the travel history part of the application to show you have not been away for more than 180 days per year, how should I do it? Literally create a table stating showing each country, journey and days away? Is there a type of format you suggest? Thank you I am not familiar with the online...
by marcnath
Wed Apr 07, 2021 8:34 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Enquiry
Replies: 241
Views: 17534

Re: Tier 1 Enquiry

Dear Mods and Members, Could anybody advise any mode to transfer funds from India to UK beside bank since due to new regulation in India bank charges 5% tax on the total transaction value. Please share your valueable feedback and suggestions Regards, Abuhf This has nothing to do with immigration bu...
by marcnath
Thu Mar 25, 2021 10:43 am
Forum: Indefinite Leave to Remain
Topic: Tier 1 to ILR qualifying Period
Replies: 23
Views: 673

Re: Tier 1 to ILR qualifying Period

Please i need clarity on this urgently as my accountant needs to process the payroll for the month of March. Is giving out 80% furloughed salary will be counted or it has to be 100% with (80/20) There are many misunderstanding / unclear assumptions , if i can get a simple and clear advice on this p...
by marcnath
Thu Mar 18, 2021 5:29 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment in existing food take away business and job creation
Replies: 12
Views: 188

Re: Investment in existing food take away business and job creation

Dear Marcnath Your help is highly appreciated 1). Yes, those amounts were not given to seller. a)Business before our acquisition remained closed for 2 months due to going concern issues and lease transfer actually delayed the transfer process , rents paid were all in advance before acquisition as t...
by marcnath
Thu Mar 18, 2021 3:41 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment in existing food take away business and job creation
Replies: 12
Views: 188

Re: Investment in existing food take away business and job creation

Thanks Marcnath for your response 1) We made an asset purchase agreement as well but this went to seller so it will not be counted as an investment as per the information you had given.To clarify more: a) 40k. We paid rent deposits allshops b) 22k. Our solicitor 10k and landlords 12k ( as we had to...
by marcnath
Thu Mar 18, 2021 7:39 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: furlough & extension enquiry
Replies: 5
Views: 186

Re: furlough & extension enquiry

sarahaj wrote:
Tue Mar 16, 2021 8:46 pm
oh, maybe there is a misunderstanding,
okay the program is 80%
but this is not the issue
I want to know how much is the fees for the extension to complete the 12 months
Extension fees are the same irrespective of the reason for the extension. Your extension will be for 2 years.
by marcnath
Thu Mar 18, 2021 7:35 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment in existing food take away business and job creation
Replies: 12
Views: 188

Re: Investment in existing food take away business and job creation

Hi Moderators and everyone, This is with regards to tier 1 ent. Tier 1 visa Nov 2019 approved 4 companies formed in march 2020 , signed agreements to purchase in april 2020 and transferred in october 2020. Funds Transferred from personal to Business accounts as a directors loan by september 2020 an...
by marcnath
Tue Mar 16, 2021 8:39 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: furlough & extension enquiry
Replies: 5
Views: 186

Re: furlough & extension enquiry

thanks for your response; The time when your employees were furloughed will count towards the 12 month period if they have been paid at least 80% of their normal salary. If you’ve not been able to employ staff for 12 months by the time your visa expires, you’ll be allowed to extend your stay for a ...
by marcnath
Tue Mar 16, 2021 5:26 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: furlough & extension enquiry
Replies: 5
Views: 186

Re: furlough & extension enquiry

Employees on furlough are counted towards the job creation
by marcnath
Fri Mar 12, 2021 10:17 am
Forum: Indefinite Leave to Remain
Topic: HELP in my confusing case( Tier 1 to student to ILR)
Replies: 5
Views: 269

Re: HELP in my confusing case( Tier 1 to student to ILR)

Many thanks for your reply and I feel much relaxed now. if you could share your valuable feedback on Govt Support. https://secure.manchester.gov.uk/info/500362/covid-19/8127/expanded_additional_restrictions_grant/3 I checked i am eligible to this scheme. My pvt Ltd company is registered in Manchest...
by marcnath
Thu Mar 11, 2021 10:15 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment :
Replies: 79
Views: 5001

Re: Investment :

roniksoni wrote:
Wed Mar 10, 2021 10:42 pm
Thank you zimba


How about the employee on furlough ?

Can they be count for job creation requirement ?

Thnx
Yes
by marcnath
Thu Mar 11, 2021 10:10 pm
Forum: Indefinite Leave to Remain
Topic: HELP in my confusing case( Tier 1 to student to ILR)
Replies: 5
Views: 269

Re: HELP in my confusing case( Tier 1 to student to ILR)

Hello all, I hope i am asking on right thread. I am currently on Tier1 Entrepreneur Visa(which is going to expire May 2022). I have created a Ltd company of which I am a sole Director. I am still not able to create any job as just before covid I launched some packaged snacks where my plan was to em...
by marcnath
Wed Mar 03, 2021 9:38 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Employee Requirements
Replies: 85
Views: 4344

Re: Employee Requirements

Hi, I need help with the consecutive 12 months and rolling basis query as I now have more clarity on when the extension was provided. Tier 1 Entrepreneur Leave Granted From 26 /09/17 ILR Application Date -26/09/22 (5 years from 2017) First extension is granted on 07/02/2021 Which periods will be co...
by marcnath
Sat Feb 27, 2021 12:03 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Switch from T1E to BNO visa / Cancel wrong visa application make overstay???
Replies: 2
Views: 433

Re: Switch from T1E to BNO visa / Cancel wrong visa application make overstay???

Your current visa is still valid to Jan 2022 - so you are not an overstayer. That Visa remains valid.
by marcnath
Tue Feb 23, 2021 7:40 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Annual account for Tier 1 extension
Replies: 4
Views: 228

Re: Annual account for Tier 1 extension

Hello, My accountant has submitted Micro entity accounts with Companies house. In the micro entity accounts there is limited information. It does not provide disclosure about the Loan from directors. My accountant has provided full accounts with signed compilation report. If I submit full accounts ...
by marcnath
Tue Feb 23, 2021 2:36 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment :
Replies: 79
Views: 5001

Re: Investment :

roniksoni wrote:
Mon Feb 22, 2021 9:45 pm
Thankyou marcnath.

So the only pages which shows I made transfer from my personal account to business bank account (the entries shows the transaction)

Will it be okey to submit on my extension application.

Thanks.
That should be ok
by marcnath
Tue Feb 23, 2021 2:35 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Co director investment query
Replies: 10
Views: 339

Re: Co director investment query

Dear Sirs, I have a query. I have set up a business in the UK. Can my co-director (who is not my team member) be a third party investor in my business. Are there any rules preventing him to loan any monies to me or invest directly into the business on my behalf. There is no impact of that on your i...
by marcnath
Mon Feb 22, 2021 1:45 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: stop payroll, stop working or p45
Replies: 3
Views: 218

Re: stop payroll, stop working or p45

This has nothing to do with immigration, so it is not a relevant question in this forum.

Please consult your accountant and take their advice.
by marcnath
Mon Feb 22, 2021 11:46 am
Forum: Indefinite Leave to Remain
Topic: ILR- Tier 1 Entrepreneur Migrant
Replies: 18
Views: 554

Re: ILR- Tier 1 Entrepreneur Migrant

Hello there, I’m preparing documents for my ILR application. Regarding the issue of spending the continuous period lawfully in the UK, with absences from the UK of no more than 180 days in any 12 calendar months during that 5 years period, I am preparing my details of dates left UK, dates returned ...
by marcnath
Fri Feb 19, 2021 9:26 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment :
Replies: 79
Views: 5001

Re: Investment :

hi marcnath thnx for the reply 1) '''Yes, as long as the business statement shows your name against each investment transaction to show it is from you''' my business statement does show my surname and initial of my name so I think that should be enough. my business account statement has too many tr...
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