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Search found 135 matches

by FKS21177
Sat Nov 21, 2015 7:18 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Updated Guidance 19/11/2015
Replies: 3
Views: 286

Re: Updated Guidance 19/11/2015

can't see any changes for extension applicants other then now they ask company bank statement with director's loan agreement to show the transactions. Thanks for sharing useful info with us . Do we have to submit all bank statements from day first or only those pages which shows the transactions fr...
by FKS21177
Mon Nov 02, 2015 7:43 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

Thanks All for your replies, this will definately help alot of us, as most of tier 1 (ent) are about to be extended and the most confusing part is investment in this regards.

Please keep posted here if you have any further info about this.
by FKS21177
Thu Oct 29, 2015 11:07 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

1-From Accountants' point of view A Directors Loan is straightaway Investment,how can he/she say it is not investment? but we need to spend it all anyway from Home office point of view/requirement. 2-Secondly, if business needs an employee for marketing purpose and we hire someone for marketing (to...
by FKS21177
Thu Oct 29, 2015 10:57 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

Why don't you read the policy guidance. It will save a lot of time. EmployeeS salaries count as investment otherwise you can't invest that much money. Hats off for you accountant though. You found a brilliant star from whole UK. :) No Momi, FKS21177 is right. This visa rules are very complicated an...
by FKS21177
Thu Oct 29, 2015 10:55 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

Why don't you read the policy guidance. It will save a lot of time. EmployeeS salaries count as investment otherwise you can't invest that much money. Hats off for you accountant though. You found a brilliant star from whole UK. :) @Momi Thanks for your reply.... U r right policy guideline is the b...
by FKS21177
Thu Oct 29, 2015 7:27 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

I think you should be fine as you have spent almost £47000 on set up,marketing,office and staff(as company do need staff for growth and progress which could include different roles) so from my personal perspective if you spend £3000 more you should be fine Just make sure you need to exclude your ow...
by FKS21177
Thu Oct 29, 2015 7:26 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

All funds spent on the business like, wages (except director's remunerations), stationery, adverts, office rent e.t.c are counted as business expenses and are classed as investment funds. You will have to spend the whole 50k on the business in order to meet the investment criteria for extension of ...
by FKS21177
Wed Oct 28, 2015 2:25 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

Ash009 wrote:How many people have you employed and in what capacity/positions?
Thanks Ash009 for ur reply....

We hade one full time employ for 12 months,she resigned.
We paid her about £18k for that period.

Currently we got one part-time employee doind 24hrs per week.

Thanks
by FKS21177
Tue Oct 27, 2015 11:47 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Re: Tier 1 (enterprenuer) EXTENSION

Moderators and seniors please reply...
by FKS21177
Tue Oct 27, 2015 11:09 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 (enterprenuer) EXTENSION
Replies: 19
Views: 886

Tier 1 (enterprenuer) EXTENSION

HI All WE are 2 team members and got Tier 1 (ent) 50K,.... we are running business XYZ consultancy & Marketing company, as the nature of business is such that we cannot spend 50k on business, our investment so far.. 8K business set-up 5K office decoration 4K marketing material and website TOTAL INVE...
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