Thanks Marcnath for your clarification. For JOB A, I had two staffs for four months ( due to heavy work load, all full time around 140+ hrs a month) with the same JOB title. If this is confusing, I will not account that extra staff or change the Job title for that staff. Please share your thoughts....
Hi Marcnath, Thanks again for your valuable advise. Regarding the job the requirement, I have this confusion or may be overthinking about the rules which said "new jobs" . Can you please clear this as well. Last Feb 2022, my extension was approved with JOB A more than 12 months and Job B more than ...
Right! Thanks Marcnath. That's a good news. And its good they understand that sime business can be having loss for few years and gradually achieve better results. Although I find it weird when you said business don't need to exist. The whole point of this visa is to give it to people with continued...
Thank you Marcnath. I hope if they feel something is off, they hear me out and I can hopefully explain them. Can I also ask how much of a problem a failed business is? I mean I wouldn't call my business a failed business as its still running. But since I started about covid time there haven't been ...
Hi.. My Payroll have been running for 14-15 months and still running. Before that it was covid so ai couldn't really afford to have an employee! I hope they don't expect us to have employees from day 1 especially at the time of covid and cost of living crisis. That would be really foolish for my co...
Hi Marcnath. Thank you for you reply! I know its not a part of point based system. My investments, payroll are clear and easy but they also judge whether the business is genuine or not right. I have seen one application from 2016 on this forum who had a similar problem amongst few other problems an...
Hello, I have an extension application soon. My business was severely affected by covid. I was already a startup when i started and couldn't go ahead except one or two small orders here and there. After lot of hardwork I managed to get one big order with a good client but it was all on credit. The ...
Thanks again for your great advice. To move forward, I will explain my situation and advise me to proceed further. I got the first extension already, and it is valid until Feb-2024. Option 1: Based on the OP, I can apply for accelerated ILR at the end of March. Option 2: Based on 5 yrs of completio...
It looks like I can combine the business as well. In one of the forums admin or any expert strongly said it should be from a single business. Any experts or anyone have experience kindly advise. Thanks Y ou have spent a continuous period of 3 years lawfully in the UK with leave as a Tier 1 (Entrepr...
Thank you for your reply. I've been thinking about this a lot and researching bills. The bill does not require companies to hold investment funds for how many years or to maintain investment funds at the agreed amount in the agreement. The requirement in the bill is that the investment must be comp...
Thank you for your quick reply. All investment funds have been spent. Then the business owners gave me a little money, and it was from the investment funds stated on the business account. So, I am a little worried about that. Kind regards H This would need a more specific look. But your statement s...
Dear all, I have a question about the Business loan term. They are 5 years on the agreement. If the business owner repays a little money, such as 10,000 or 20,000 pounds, within three years, does it meet the visa renewal requirements? Thank you for your time. Kind regards H Strictly speaking it doe...
Dear Marcnath I have checked the bank statements and asked my accountant. A) I invested 205000 and my brother invested 22500 to be exact in shop 1.total 227500 225000 transferred to solicitor from this and 2500 we paid to suppliers of food. Need your help on this please. b) From shop 2 which i had ...
Dear Marcnath I have checked the bank statements and asked my accountant. A) I invested 205000 and my brother invested 22500 to be exact in shop 1.total 227500 225000 transferred to solicitor from this and 2500 we paid to suppliers of food. Need your help on this please. b) From shop 2 which i had ...
Dear Marcnath I have checked the bank statements and asked my accountant. A) I invested 205000 and my brother invested 22500 to be exact in shop 1.total 227500 225000 transferred to solicitor from this and 2500 we paid to suppliers of food. Need your help on this please. b) From shop 2 which i had ...
Hi To those who have successfully gone through T1 Entrepreneur extension. Could you please advise on the documents that need to show for the settled workers? Is a British passport sufficient as a proof of UK settled workers or do I also need to supply their birth certificate? Want to ensure I get i...
Dear members/admins, Me and my family have applied for a Tier 1 extension in July 2022. We are still awaiting a decision by the home office. Although we have already submitted all the documents - the case was as an entrepreneurial team (me and my father) I showcased my own maintenance funds separat...
It appears you have found a solicitor who does not understand the rules. First and foremost - Investment is all about the money you invest IN TO the company. It is not about what it is spent on or what the balance in the accounts is. So it is only 215K in your case. I have no idea why you think the...
It appears you have found a solicitor who does not understand the rules. First and foremost - Investment is all about the money you invest IN TO the company. It is not about what it is spent on or what the balance in the accounts is. So it is only 215K in your case. I have no idea why you think the...
It appears you have found a solicitor who does not understand the rules. First and foremost - Investment is all about the money you invest IN TO the company. It is not about what it is spent on or what the balance in the accounts is. So it is only 215K in your case. I have no idea why you think the...
It appears you have found a solicitor who does not understand the rules. First and foremost - Investment is all about the money you invest IN TO the company. It is not about what it is spent on or what the balance in the accounts is. So it is only 215K in your case. I have no idea why you think the ...
It is neither 1 or 2. You have listed what you spent money on, not what you invested INTO the business. So it is not possible to say what your investment is Dear Marcnath Thanks for your reply. I have 3 companies and invested money into them by giving a directors loan. shop 1 company A: Directors l...
