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Tier 1 50k Team Ext Approved, Nearly 12 months

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, archigabe

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Sanid
Newbie
Posts: 30
Joined: Wed Sep 13, 2017 7:12 pm
Mood:
India

Tier 1 50k Team Ext Approved, Nearly 12 months

Post by Sanid » Thu Feb 15, 2018 12:02 am

Thanks to all for the guidance and encouragement

I have sacrificed a lot in this one year but it paid off in the end, so don’t lose hope.
Wish you all Good luck

My Time line below
Extension Application sent in 24/02/2017
Biometric done on 13/03/2017
Exceptionally complex letter received 29/03/2017
First Applicant Interview (at our office / home address) – 25/09/2017
Second Applicant Interview (at their own office) – 30/10/2017
First MP letter - 13/11/2017
Second MP letter- 15/ 12/2017
First call to Home office for update- 03/01/2018
Second call to Home office for update- 05/02/2018
IHS Refund - 13/02/2017
Bio metric and Document received, Today – 14/02/2018

Any question, Happy to help.

dhirja
Junior Member
Posts: 77
Joined: Sat Feb 25, 2012 12:50 pm
Location: United Kingdom

Re: Tier 1 50k Team Ext Approved, Nearly 12 months

Post by dhirja » Thu Feb 15, 2018 12:24 am

Many congratulations.

As you mentioned that they did onsite interview do you have the transcript of the interview I mean what they ask you.

My interview is on Friday 16. Will be a great help.

Thanks

Sanid
Newbie
Posts: 30
Joined: Wed Sep 13, 2017 7:12 pm
Mood:
India

Re: Tier 1 50k Team Ext Approved, Nearly 12 months

Post by Sanid » Thu Feb 15, 2018 1:04 am

dhirja wrote:
Thu Feb 15, 2018 12:24 am
Many congratulations.

As you mentioned that they did onsite interview do you have the transcript of the interview I mean what they ask you.

My interview is on Friday 16. Will be a great help.

Thanks
well you will find plenty in the forum it self but as its tomorrow i will forward our Questions .

where should i send that ?

Sanid
Newbie
Posts: 30
Joined: Wed Sep 13, 2017 7:12 pm
Mood:
India

Re: Tier 1 50k Team Ext Approved, Nearly 12 months

Post by Sanid » Thu Feb 15, 2018 1:11 am

dhirja wrote:
Thu Feb 15, 2018 12:24 am
Many congratulations.

As you mentioned that they did onsite interview do you have the transcript of the interview I mean what they ask you.

My interview is on Friday 16. Will be a great help.

Thanks
I have added few questions and answers at the end as its related to our nature of business, might not be same for you.




1. Company Name
2. Company registration NO.
3. Immigration history. (Since the day you have entered in this country
4. Collage name and University name (During student visa)
5. Any work during PSW?
6. Any other work during Tier 1 Ent. -
7. Why have you started a business?
8. Any relevant experience, related to your current business?
9. Your education related to your business?
10. How you have gained experience and knowledge through your education and work experience?
11. How you arrange investment fund?
12. How you invested the fund?
13. They will ask you about business turnover/ profit /loss
14. Investment still invested
15. Business insurance?
16. Business marketing
17. Business advertisemen
18. How much you spent on advertisement.
19. All current clients name and address
20. What kind of service do you provide to your each client?
21. All current business contracts
22. Last invoices of all current clients
23. Do you have an employee?
24. Details of employee and if they work from home, provide reason?
25. Their job profile?
26. How you communicate with an employee?
27. Employee rights?
28. Employee safety?
29. Job title
30. Working hours.
31. Pay rate
32. How you recruited them?
33. Do you know them before employment?
34. How many holidays you give your employee?
35. How you monitor them?
36. How you pay them?
37. When you pay them?
38. All seem questions for previous and current employees?
39. Last 3 months bank statements?
40. Do you pay tax?
41. Last tax payment receipt
42. Pension registration prof

Documents i have provided them during interview

1. Corporation tax receipt
2. Directors loan agreement
3. Joint account statement 50k transaction page
4. Business account statement 50k transaction page
5. Balance sheet from company account all years
7. All current clients contracts
8. All current clients last invoices
9. Employee contracts
10. Employee id prof
11. Current employees and previous employee last 3 months pay slips
12. Last 6 months FPS
13. Last 3 months bank statements
14. contract copy of land lord / permission letter from land lord. ( PERMISSION TO RUN YOUR BUSINESS FROM HOME)


Some of the questions which I believe will be different. I have answered according to my nature of business and circumstance. It might be different for you.

Question - Does your business require you to register with any standard authority / agency?
If yes, details of the authority/agency

My answer-Our business doesn’t require that but instead we have business insurance policy to cover us if anything goes wrong. (They asked my insurance details)

Question - What research you have done before starting your business?

My Answer- I have done SWOT analysis for my business & for self too, also did survey to find out current trend and demand. (They asked me for our business plan and survey reports. I gave them hard copies for both)



Question – if your employees work from home, how you track their work and measure their performance?

Question- Employees annual leave and if it’s mentioned on your pay slip. I did not have on my pay slip but on my rota instead. I provided them with the roster.

Question- why don’t you have your company’s sign board in front of your house?

Question- What measures have you taken for your employee’s safety?

Hope that help

They took pictures of our office

Same question to my team member.

dhirja
Junior Member
Posts: 77
Joined: Sat Feb 25, 2012 12:50 pm
Location: United Kingdom

Re: Tier 1 50k Team Ext Approved, Nearly 12 months

Post by dhirja » Thu Feb 15, 2018 6:07 am

xxxxxxxxxxx

Moderator edit: Do NOT post personal contact details on the open forum. These have been removed and I suggest you read the Board Ts&Cs, which you were required to do on registering.

You have now put yourself at risk of spam from the many scammers who trawl this forum for such information. :idea:

Sanid
Newbie
Posts: 30
Joined: Wed Sep 13, 2017 7:12 pm
Mood:
India

Re: Tier 1 50k Team Ext Approved, Nearly 12 months

Post by Sanid » Thu Feb 15, 2018 6:29 am

dhirja wrote:
Thu Feb 15, 2018 6:07 am
xxxxxxxx
Check your email.

Good luck with your interview.

dhirja
Junior Member
Posts: 77
Joined: Sat Feb 25, 2012 12:50 pm
Location: United Kingdom

Re: Tier 1 50k Team Ext Approved, Nearly 12 months

Post by dhirja » Thu Feb 15, 2018 8:16 am

Sanid wrote:
Thu Feb 15, 2018 6:29 am
dhirja wrote:
Thu Feb 15, 2018 6:07 am
xxxxxxxx
Good luck with your interview.

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