Dear Members,

I have Tier1 Ent. Visa-200k. I transferred £200,000 from my personal account abroad to my company's business account in the UK.
Shall I prepare a loan agreement? Or no need for that ?

Thanks

Many thanks for (momi and Zimba88).

Dear other members....your opinions please

Dear Members, I have Tier1-Ent 200k visa, I applied in 2014, in the beginning when I applied for getting the visa, I submitted a business plan, a British company has prepared it, I mentioned a plan for my future company trade as the following: Year1 Year2 Year3 Year4 Year5 Total income 4.1 million 4...

Dear Sam,
Do you mean if I bought material from factories and sell it, thee money spent will be (investment) regardless the profit gained.
Foe example, I bought water pumps for 230k and I sold it for 300k. You mean I invested the 200k.
Kind Regards,
Jafer

Dear All, The solution is: If your company has got a profit (for example the net profit is 50,000GBP in 2015), you can develope your companys capital, this is called (capital allowance), you can buy a car for 30,000GBP (for example), you will not pay tax for its money because it is a capital allowan...

Dear sam,
Please check the link:
https://www.gov.uk/expenses-if-youre-se ... yed/travel

Thanks

Dear members, I am wondering about investing 200k during 3 years, my business account shows: Money In = 500,000 GBP (200,000GBP initially + 300,000GBP from orders during three years). Money Out= 290,000 GBP (60,000 GBP Expenses +230,000 GBP from orders) Balance in the account =210,000 GBP Regarding ...

Thanks a lot buddy

Dear Members, I employeed one employer this year, I signed a contract 40 hours a week and the total salaries are 18,000 GBP a year, I am paying 1500 GBP a month with NI and tax (net salary 1277.64 GBP +222.36 GBP for HMRC). I want to know if I paid the minimum wages or not. Does the minimum wage inc...

For extension: : 1. employees ids along with their payslips for whole 3 years 2. un-audited accounts for 3 years 3. accountant letter confirming jobs creation 4. 3 years business bank statements (requirement is only for 12 months) 5. application forms and passports etc 6. personal bank statements fo...

Dear Kashif11, Why do you want that letter? you and anyone if look at your business bank statement will understand you have activities or not, so the bank statement will show that not the letter, also you have second way to prove that, your accountant's letter can show that, he has to give you a let...

Hi
if you born in the UK, or your father and grandfather from the UK, you are a domicile.
if you are not, you are a resident
there are:
resident but not domicile
resident and domicile
domicile and not resident (if he is abroad).
thanks

Dear Members, Reference to Lucapooka's comment "Please refer yourself to paragraph 37 and Table 5 of appendix A of the immigration rules." I have a question, I transferred the 200K to my business account, I have many profits about 135K, all expenses I spent are almost 110K, Please explain the item 1...

Dear Members, In the guidance 6th April 2015, on page 28 of 74, you will read: Section C : registered when you apply for the extension: provide the specified evidence to show that you were registered as self-employed, or as a director in the three months before you apply. The evidence must be dated...

Dear aby00156,
what did you mean with CAR?

Dear Members, In the guidance 6th April 2015, on page 28 of 74, you will read: Section C : registered when you apply for the extension: provide the specified evidence to show that you were registered as self-employed, or as a director in the three months before you apply. The evidence must be dated ...

Dear siavashes, Congratulations, I have T1 visa 200k, I entered the UK on March 2015, I have a limited company, I have to employe 2 full time employees, and I will extend my visa for 2 additional years after 3 years, I want to use accelerated route. How many employee I have to find? 10 or 12 How lon...

Dear Olasunkanmi,

Many thanks for your answer, it was excellent.
Best Regards,

@Olasunkanmi,
My question was about the date of entering the route, Is it 11 March 2015 (date of issue of my visa) or 12 April 2015 (date of entering the UK)?

Hi

In the old guidance, you can employ 4 employees part time 6 months each, or 1 employee one year and 2 employees 6 months each,
In the new guidance you should employ 2 full time employees for one year each.

I do not know which date I entered the route.

Thnx

Dear All, Could you please help me to know the answer about my inquiry: I applied for visa on 1st Mar 2015, I got the visa on 11th Mar 2015 and I entered the UK on 12th Apr 2015. There was a guidance (TIER 1 (ENTREPRENEUR) VERSION 11/2014)/ this guidance is to be used for applications made on or af...

Dear Members, Many thanks for replies, I entered the UK under Tier1 200k, I applied for opening business bank accounts, many of banks refused to open it such as Barclays and Santander, two banks accepted my application and they opened an account, I transferred the 200k to the first business account,...

VAF9 is the application you have to fill it
my advice is to find a solicitor for that. He will complete all required docs.
thnx

Dear Members, I have a limited company under tier 1 Ent. route, I have one business bank account, I also opened a new business bank account with another bank, now I have two business bank accounts. A friend told me that there is a problem if you have two business accounts under tier 1 !!!! Please a...