No need to spend it all. All expenses are accepted unless they are not allowed as given in the guide (property, own remuneration, etc) Hi Zimba Can he not show Staff salaries as investment out of those £50,000 ? salaries can be counted as expense or investment out of those £50,000? please clear if ...
Hi Guys
just need to check in tier 1 entrepreneur extension form there isnt any space to ask the level of the business,
whether it is NQF Level 4 or not ?
i am surprised why is not there ,
Hi abdhriz
thanks for your reply
i invested from february 15 to december 15
and my management accounts for last six months from september 15 to febreuary 16 and in the management account D/L is showing anyway
this should be fine shouldn't?
thanks in advance
Hi Thanks for your reply , i am not really getting your point , so basically i invested as director's loan from feb 15 to december 15 i transferred and i made the director's loan agreement dated 15 february 2015 before i first started andmy accountant made management account for last six months and ...
Hi i just read 245DD. Requirements for leave to remain To qualify for leave to remain as a Tier 1 (Entrepreneur) Migrant under this rule, an applicant must meet the requirements listed below (i) The applicant must provide a business plan, setting out his proposed business activities in the UK and ho...
Hi Abdhriz Thanks for your reply yes my last six months management accounts reflecting D/L £50,000 in the accounts and my accounting period is 1st april to 2015 to 31st of march 2016 and i will submit my case before 31st of march thats the reason i am preparing management accounts for last six month...
Thanks Zimba thats exactly me and my accountant were thinking to submit six months for management and do as we do annual account with all statutory requirements ....thanks Hi abdhriz thanks for your response answer 1 . I invested as director's loan, money from back home to personal and from personal...
Hi zimba thanks that i know my accountant knows as well but the problem is whether we have to submit management account for last six months (without statutory requirement like The accounts must clearly show the name of the accountant, The accounts must be prepared and signed off by the accountant in...
Hi guys I need to ask a question My accountant made last six months Management accounts to send for extension , but according to policy guidance "Businesses that are not required to produce audited accounts must provide unaudited accounts, sometimes called management accounts" it looks like Manageme...
Hi shazdar Sorry to hear what i understood from your post that you didnt apply for Leave to remain for you Uk born son am i right? my son is almost 3 years and we never traveled to out of country thats why i didnt apply for his visa before and i will be applying for and extension end of this march s...
I have a question related to this topic
my wife is my company secretary , is it ok if she signs on behalf of the company and i sign as lender on director loan agreement ?
Hi Guys just need to check i have three different addresses in all my paper works HMRC as well as on company house, business bank statement three different address which changed during three years of entrepreneur would that be any problem with it and i had two employee one did 28 hours from Feb 15 t...
Hi shaf
if your solicitor or you application is fully ready then apply why waiting for new form and give extra fees
but wait for the expert opinions
by the way what to do mean by less paid to employee?
Hi Zimba I was going to comments that i am confused whether i should hire solicitor or not after his successful application because he is saying its better to go with Solicitor while we can do everything but he was sharing his good experience i think we dont really need a solicitor , good and profes...
Great and congratulations for your visa extension
could you please share all the documents you submitted and your timeline and did you use solicitor or you applied yourself and could you share how did you present your case
thanks in advance and it will be very helpful for all
Hi Business Genius
My accountant printed from the software on plan paper i think it should be alright it doesnt matter if its not colored
correct me if i am wrong?
Hi Zimba yes i was thinking we can hire as part time if someone working as part time somewhere else someone worked 24 hours per month for one month and 10 hours per month for three month (which is rougly 2 hours per week) shall i add this 2 hours with my other employee who worked 28 hours per week t...
I think
employee passports, RTIs,FPS for each month p11,p45 and an accountant letter for job creation etc. and the bank statement for the proof of transferring salary
i think these documents will fulfill employee creation requirement
please correct me if i am wrong
Hi You dont really need to send the contract , its not required in policy guidance as well as Appendix A sending extra documents will cause the problem for others and in the future HO will put that documents in the policy guidance , try to stick what are the documents required they will take decisio...
Hi Seasky Thanks for your reply it looks you mentioned in your covering letter that you moved to other business.. Hi Zimba thanks for your reply according to policy we can changed the business but my question should i mentioned myself or let them assume if they check my previous initial grant applic...
Hi Zimba Thanks for your reply this guidance telling that show the evidence of investment but i didnt do any investment on that business name whatever i invested , i invested in current business but it seems that i should mention in the covering letter something like that i got the initial visa on t...
My question is slightly related to this topic, the business with which i got the initial grant, in 2013 but as soon as i got my visa i started working on other business never invest any money never registered that company name with HMRC never created any job with that business, but the business i st...
