Dear All, My Tier 1 extension is due in March 2013. In order to meet earning points I did register a limited company (XX & Co) in January 2012 and also managed to open business bank account with company details i.e. XX & Co but has not started to operate the business yet. Fortunately I got a perman...

it is hard for ordinary person to get 7 in each ielts score

This country is not for milking

it is hard life here and please dont make it more worse by adding more burden

Hello Everyone, I am extremely grateful to everyone on this board (especially Vinny and Sush D) for their valuable inputs. I got my Tier 1 application without any agents/lawyers help; thanks to the gracious support and inputs from all admins/moderators on this board! Further to my initial entry cle...

NO OHTER JOB than business u set up

Hi I recently got Entrepreneur visa. I was already registered as self-employed for several years. It's enough for me to run business. I wonder, do I need to register Ltd company within 6 months or somehow re-register as self-employed? Or is it enough that I was registered already and I don't need t...

iii. Registered with HM Revenue and Customs as self-employed; or registered as a director You must have been registered as self-employed or a director of a business within the last 3 months before submitting your application as a Tier 1 (Entrepreneur). if some is running a company from say 1/1/12 th...

tehminamazher wrote:Thanks Raizan,

I think we will be covered under HSMP Judicial review as we applied before Nov 7 , 2006.

Thats the thing i need to confirm.

I am really confused now.

TM

there is noting to confuse if u have filed application before sept 2006 , u r covered by jr review

all the best

sudeepss wrote:The amount earned in Last 12 months should only be selected if only 37000 is earned then the band 35000-39000 should be selected.

Correct

NO wAY

U NEED TO SHOW that u r in letting business and business means only profits after all costs that will be very minimal , yr objevtive will be defeated

applicants have to pay their taxes as per HMRC guidelines and time frame , HO is not interfering in this .

payment of taxes is applicantions obligations.

so u can apply with

a accounts (pl +BS)
b. Income certificate
C. Bank statements for sole trading incomes

Without pl a/c it raises doubt and delay in getting visa

YES all income those r taxable r counted by HO

HSMP /T1 is based on redisency , in strict sense u will not qualify , unless Case worker not bothered

if applicant is on t2 than this payslip / p60 will counted towards ilr

PL a/c should be for 12 months or less will ok so long it gives sufficient earning to get threshold

yes PLA/C is important part of accounts

Whatever nature of heading if it is tax ble THAN will be considered by HO -SIMPLE

LTD company

1 Better presentation of business
2. transfer of money from some countries
3 when net profit > 8000 always go for ltd

IF U dont know correct answers please dont mislead people

Gross dividend r considered by HO as well as Taxman

IF U dont know correct answers please dont mislead people

NO need to be sole shareholder but u must be working full time to run day to day business of company

Dividend r decled by company so

it should be on letter head or from company

for other dividend learning read company law dont ask which guide lines

Dividend voucher should be on company letter head

signed by either secretary or director

no attestation of DV required by accountant

U need to go through Ethics topic again

and see that YR CPD area to update on self certifiying

After delivery of babies u can apply thier indian pp and when yr visa comes to reneval u can apply as a family for all without need to go back home

Hello, I am due for my extension end of this year, and have multiple sources of income to present. I would like to know if registering as a self-employed in HMRC is better or if registering as a business is better? IF ur receiveing income in personal a/c or personal business a/c need to register wi...