Tier 1 Entrepreneur Extension Approved@ Timeline

rbs wrote:HEllo All,

My Tier 1 Entrepreneur Visa has been extended till March 2019.

I have invested money both ways (Director's loan & Share Capital) and my accountant has messed up my company accounts so my case was relatively complex.

I had an interview at Birmigham ( all questions they ask can be found in this forum). I also recieved a letter from UKVI asking to proide bank statments to confirm the transaction, income, expenses , employee salary and clarification of any large trandsactions (over 5k).

I emphasise that the my accounts wasnt reflecting an excat amt as my bank stamtments however I provided no justification, I just highlighted the tranaction with client wise , employee salary payments in diffrent coolur and sent it to them without clarifications. Luckily they didnt ask for more clarification before issuing visa.

I didnt hire any solicitor/agent and my overall exepriece is that stick to your applications. if you have messed up few things (which we all do every now and then) , dont get panic. Try to find a solution with experts (mainly accountant in this particular visa category). Only provide required information and be prepared to provide further clarification/facts/evidence if UKVI asked.

I didnt have any office, most of my employee were working elseswhere as well and have good turn around of employees. But as long as they have worked require no of hours and paid tax/recieved money on time from your business acc, you should be ok.

Time line:

VIsa expiring date: 16/06/2016
Date of Visa application:16/06/2016
BioMetric Done: 07/07/2016
Interview Date:07/09/2016
Letter recieved from UKVI (further clarification on accounts) : 19/01/2017
Letter submitted: 03/02/2017
Biometric and approval letter recieved: 22/03/2017

Once again, thank you each memeber of this forum specially Zumba88. You all are doing an amazing job and without having this platform, I would have been more stresful and didnt have clear idea wht to do and how to do.

Good luck everyone.

rbs wrote:jafersadeq : It was 19k loan and rest were share capital. Always wanted to have share capital bt accountant messed up..we can invest money either way.

rbs wrote:HEllo All,

My Tier 1 Entrepreneur Visa has been extended till March 2019.

I have invested money both ways (Director's loan & Share Capital) and my accountant has messed up my company accounts so my case was relatively complex.

I had an interview at Birmigham ( all questions they ask can be found in this forum). I also recieved a letter from UKVI asking to proide bank statments to confirm the transaction, income, expenses , employee salary and clarification of any large trandsactions (over 5k).

I emphasise that the my accounts wasnt reflecting an excat amt as my bank stamtments however I provided no justification, I just highlighted the tranaction with client wise , employee salary payments in diffrent coolur and sent it to them without clarifications. Luckily they didnt ask for more clarification before issuing visa.

I didnt hire any solicitor/agent and my overall exepriece is that stick to your applications. if you have messed up few things (which we all do every now and then) , dont get panic. Try to find a solution with experts (mainly accountant in this particular visa category). Only provide required information and be prepared to provide further clarification/facts/evidence if UKVI asked.

I didnt have any office, most of my employee were working elseswhere as well and have good turn around of employees. But as long as they have worked require no of hours and paid tax/recieved money on time from your business acc, you should be ok.

Time line:

VIsa expiring date: 16/06/2016
Date of Visa application:16/06/2016
BioMetric Done: 07/07/2016
Interview Date:07/09/2016
Letter recieved from UKVI (further clarification on accounts) : 19/01/2017
Letter submitted: 03/02/2017
Biometric and approval letter recieved: 19/03/2017

Once again, thank you each memeber of this forum specially Zumba88. You all are doing an amazing job and without having this platform, I would have been more stresful and didnt have clear idea wht to do and how to do.

Good luck everyone.