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TAX issue on tier1 investor VISA

Only for UK Tier 1 (Investor) points system

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tech62
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Posts: 1
Joined: Fri Aug 31, 2018 4:05 pm

TAX issue on tier1 investor VISA

Post by tech62 » Fri Aug 31, 2018 4:08 pm

Hello All
has anyone who is Tier1 investor VISA holder got their tax return request before?

shall we wait to be requested and then submit our tax return?
what if requests never come?

if we do not ( or do not need to pay) pay tax at all , will this affect our ILR and citizenship application?

cy60pangmail
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Posts: 3
Joined: Mon Aug 13, 2018 6:17 pm
China

Re: TAX issue on tier1 investor VISA

Post by cy60pangmail » Mon Sep 03, 2018 11:56 am

I suggest you start to report your tax as soon as possible, otherwise you will pay penalty for late submitting your self assessment, I think it may affect your ILR.

dandy
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Posts: 2
Joined: Sat Sep 22, 2018 10:27 pm
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Iraq

Re: TAX issue on tier1 investor VISA

Post by dandy » Sat Sep 22, 2018 10:36 pm

Hi

You need to pay your tax every year otherwise you will pay it with the interest and penalty .you should pay it if online before 31 January.

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