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Search found 221 matches

by regularuser
Sun May 01, 2016 12:57 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Withdrawing an application

Hi Just submit my application and after that realize made mistake in the form for investment related question although i have submitted correct documents relate to the question. is it going to make any difference on outcome or is it better to send corrected part of the form before outcome ? Any sugg...
by regularuser
Sat Apr 23, 2016 1:07 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Anyone extension on Feb or March? Processong time.
Replies: 157
Views: 11746
India

Re: Anyone extension on Feb or March? Processong time.

Yes, very first application.
My solicitor advice me to put YES, You showed investment available at intial grant.
I have explained that they are asking for Investment made not available. His making me confuse now. now what to do?

Thanks
by regularuser
Sat Apr 23, 2016 10:09 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Anyone extension on Feb or March? Processong time.
Replies: 157
Views: 11746
India

Re: Anyone extension on Feb or March? Processong time.

abdhriz, Congratulations mate, I'm on 200k route everything is ready to go but bit confusion in the form. K4. Were any of these investment funds shown as part of your successful application for your last grant of leave? Yes all of the funds were shown in the previous application. Go to part L Yes so...
by regularuser
Thu Apr 21, 2016 11:27 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Entrepreneur Extension July 2016
Replies: 42
Views: 2050
India

Re: Tier 1 Entrepreneur Extension July 2016

Hi Zimba,

I am ready with application but just a quick question regarding Director loan, as my solicitor advice me about the Director remuneration, So i have invested more than 200k.
Should I put 200k on my director loan or exact amount as per accounts.


Thanks
by regularuser
Wed Apr 20, 2016 11:02 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Entrepreneur visa extension
Replies: 87
Views: 6637
India

Re: Entrepreneur visa extension

Hi Dnf, Congratulations we are using 12pay to run the payroll and it didn't produce the RTI or FPS but i spoke to their customer service and they advice me copy filling data and paste in excel sheet which did for from very first payroll submission. Is that ok to send that sheet to home office to ful...
by regularuser
Mon Apr 18, 2016 11:22 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Anyone extension on Feb or March? Processong time.
Replies: 157
Views: 11746
India

Re: Anyone extension on Feb or March? Processong time.

Means i have made all the investment last three months as in my business we don't need that much cash. Initially i have invested around 20k for startup. i have changed the accountant as last was not that competent. do i have to put last 2 years unaudited and last years management account or just onl...
by regularuser
Mon Apr 18, 2016 11:05 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Anyone extension on Feb or March? Processong time.
Replies: 157
Views: 11746
India

Re: Anyone extension on Feb or March? Processong time.

hi Zimba,

I have query regarding last years accounts.

Do i have to send all 3 years accounts as in my case i have 2 years unaudited accounts which shows director loan and i have last years management account which shows main investment ?

Need advice.
by regularuser
Thu Mar 24, 2016 11:07 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Anyone extension on Feb or March? Processong time.
Replies: 157
Views: 11746
India

Re: Anyone extension on Feb or March? Processong time.

Congrats Zimba, Quick question regarding Investment for 200k 1) Do we need to send all 3 yrs business bank statement to show investment came from Director or Only that pages where transactions made. I have put only 15000 in first year and remaining money in last 3 months of this year before my exten...
by regularuser
Tue Mar 08, 2016 12:58 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Re: Maintenance fund requirement Tier 1

Hi Zimba,

Thanks for quick reply. it means i can use that OD facility and get the letter from the bank that money was available for last consecutive 90 days.

is that correct ?
by regularuser
Tue Mar 08, 2016 12:40 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Maintenance fund requirement Tier 1

Hello everyone, I have quick question regarding Maint fund as I have enough fund in back home country to cover the maint fund requirement. If i have Overdraft facility in my UK current account than is there possibility to claim the point for maint fund or better to show the back home country stateme...
by regularuser
Sun Mar 06, 2016 11:39 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Re: Director salary and investment confusion

Zimba,

If someone already invested all 200k and taking director remuneration still is problem ?
by regularuser
Sat Mar 05, 2016 12:45 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Re: Director salary and investment confusion

Thank you.

so how will you survive means you are the only one who earns money and also paid taxes on your earnings ?

Home office thinks entrepreneur spend money out of his pocket and still invest 200k, is that correct?
by regularuser
Sat Mar 05, 2016 12:06 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Director salary and investment confusion

Hi everyone, I have seen my solicitor for preparation for my visa extension, now he told me you have to add director salary in to your 200k investment mean if i took total 25k salary during the 3 yrs than i have to prove 200k + 25k. Bit confused as I took salary to survive as new business won't make...
by regularuser
Sun Feb 14, 2016 3:39 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Re: Tier 1 200k extension due in march 16 query

Thanks for prompt reply zimba88,

Do i need to submit any other proofs apart from share certificate and unaudited accounts to prove the investments ?
by regularuser
Sun Feb 14, 2016 1:33 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Tier 1 200k extension due in march 16 query

Hi everyone, I was reading post from other users and getting idea for my extension.I Have question regarding Share capital. I have invested money in my company as a share capital 50,000 and 150,000 as a director loan. 1) Will HO allow that as a 200,000 investment criteria ? 2) What other proofs do i...
by regularuser
Sat Feb 13, 2016 11:04 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Tier 1 200k ext. due in march'16 share capital issue

Hello everyone, I have some query regarding my Director's loan account as i was reading different thread about loan and HO rules. 1)I have to submit my personal bank account statements to prove money injected in the company as a loan. But, If i paid direct to suppliers or bought a machinery initiall...
by regularuser
Wed Feb 10, 2016 7:04 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Re: Tier 1 200k extension due in march 2016 help needed

Sorry but not talking about remuneration, Initially when i start my business i paid all the expenses means all stock purchase, assets from my account or credit card. that all investment count as a director loan or investment in company ?
by regularuser
Wed Feb 10, 2016 6:18 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Re: Tier 1 200k extension due in march 2016 help needed

Thanks

My accountant advised me that amount can be count as your loan to the company bcoz you paid all this amount on behalf of company, can i claim all that amount as a director loan ?
by regularuser
Wed Feb 10, 2016 5:33 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Re: Tier 1 200k extension due in march 2016 help needed

Thanks Zimba88

I have invested 200k as director loan but initially I was paying all the expenses from my pocket e.g. through personal credit card or bank account as this amount count as investment ?

Reply much appreciate.
by regularuser
Wed Feb 10, 2016 4:42 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 200k extension due in march 2016 help needed
Replies: 44
Views: 1961
India

Tier 1 200k extension due in march 2016 help needed

Hello everyone, I am regularly reading post from other users and getting a info about my extension. I have seen my solicitor for extension application and pointed out some point which bit confusing me. 1) he asked companies all bank statement since we started bcoz he wants review for all the stateme...
by regularuser
Wed Apr 08, 2015 9:50 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director Loan Sample agreement
Replies: 77
Views: 8284
India

Re: Director Loan Sample agreement

Hi there,

I will appreciate if you send me a copy or director loan agreement.

Thanks
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