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How to answer "Is the money available to your business.

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

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misskin
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Posts: 34
Joined: Thu Oct 17, 2013 4:22 pm
Location: United Kingdom
Canada

How to answer "Is the money available to your business.

Post by misskin » Tue Dec 10, 2013 10:08 pm

Hi everyone,

I'm now filling out the application. I have no idea whether the answer for the application question is section G4 is Yes or No. Here is the question:

"Is the money available to your business rather than to you by name?"

It is available to me because it is in my personal chequing account but I've made the decision that it is also available to my business.

Any advice on how to answer this??

thanks!

misskin
Newbie
Posts: 34
Joined: Thu Oct 17, 2013 4:22 pm
Location: United Kingdom
Canada

Post by misskin » Wed Dec 11, 2013 11:42 am

anyone? can you let me know how to answer this question?

Olasunkanmi
Diamond Member
Posts: 1324
Joined: Sat Aug 17, 2013 10:28 pm
Location: London, UK.

Re: How to answer "Is the money available to your busin

Post by Olasunkanmi » Wed Dec 11, 2013 6:53 pm

@ misskin, if the money is presently in your personal account then the answer should be ''No'' because they want to know if the money is in your business account or your personal account.
The key to success is knowledge and hardwork, and to have faith.

wazobia
Member
Posts: 102
Joined: Sun Nov 27, 2011 6:02 pm

Post by wazobia » Wed Dec 11, 2013 7:19 pm

I concur with what Olasunkanmi said.

It's in your personal account, not your business account, so it is available to you by name, and not to your business.

BlackBirdSSG
Member of Standing
Posts: 264
Joined: Mon Feb 25, 2013 5:28 pm

Post by BlackBirdSSG » Thu Dec 12, 2013 12:29 am

If you are being sponsored by 3rd party financial capital companies, nowadays, they give funding approval to the business (not person)

Depending on that, if money is available in YOUR NAME, then answer is NO

If money is available to your business (in documents), then answer is YES

samaygrg
Senior Member
Posts: 607
Joined: Sat Jun 09, 2012 11:12 pm
Location: United Kingdom

Re: How to answer "Is the money available to your busin

Post by samaygrg » Thu Dec 12, 2013 9:57 am

well, my solicitor left this question unanswered. As if you check the G4 properly, we needed to tick at least one whichever fits to us, and then rest we can leave. Again, the question itself also looks contradictory.

misskin wrote:Hi everyone,

I'm now filling out the application. I have no idea whether the answer for the application question is section G4 is Yes or No. Here is the question:

"Is the money available to your business rather than to you by name?"

It is available to me because it is in my personal chequing account but I've made the decision that it is also available to my business.

Any advice on how to answer this??

thanks!

Darvesh
Member of Standing
Posts: 444
Joined: Wed Feb 27, 2013 11:44 pm
Location: London

Post by Darvesh » Fri Dec 13, 2013 12:04 pm

simply if you have money available to your personal account then mark it NO...

@BlackBirdSSG.. IA

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 11:12 am
Location: United Kingdom

Re: How to answer "Is the money available to your busin

Post by tanvir1985th » Fri Dec 13, 2013 6:07 pm

samaygrg wrote:well, my solicitor left this question unanswered. As if you check the G4 properly, we needed to tick at least one whichever fits to us, and then rest we can leave. Again, the question itself also looks contradictory.

misskin wrote:Hi everyone,

I'm now filling out the application. I have no idea whether the answer for the application question is section G4 is Yes or No. Here is the question:

"Is the money available to your business rather than to you by name?"

It is available to me because it is in my personal chequing account but I've made the decision that it is also available to my business.

Any advice on how to answer this??

thanks!
i am sorry to say yr solicitor made a mistake

moh.moh
Junior Member
Posts: 52
Joined: Tue Aug 13, 2013 9:45 am

Re: How to answer "Is the money available to your business.

Post by moh.moh » Sat May 24, 2014 3:36 am

Please some one guide me my all money in personal account account but I click Yes in the application it's gonna problem for me. My application in still with HO and I applied 50k PSW route. Please some one reply me. Thanks

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 11:12 am
Location: United Kingdom

Re: How to answer "Is the money available to your business.

Post by tanvir1985th » Sat May 24, 2014 9:34 am

moh.moh wrote:Please some one guide me my all money in personal account account but I click Yes in the application it's gonna problem for me. My application in still with HO and I applied 50k PSW route. Please some one reply me. Thanks
most likely yes it will be a problem. just vary the application form by sending a variation form and correct the mistake there as soon as possible. nothing to worry

moh.moh
Junior Member
Posts: 52
Joined: Tue Aug 13, 2013 9:45 am

Re: How to answer "Is the money available to your business.

Post by moh.moh » Sat May 24, 2014 9:59 am

Thanks for your reply please let me know where I can find this form. Please send me the link than I can fill it and send it as soon as possible. I will wait for your reply.

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 11:12 am
Location: United Kingdom

Re: How to answer "Is the money available to your business.

Post by tanvir1985th » Sat May 24, 2014 10:16 am


BlackBirdSSG
Member of Standing
Posts: 264
Joined: Mon Feb 25, 2013 5:28 pm

Re: How to answer "Is the money available to your business.

Post by BlackBirdSSG » Sat May 24, 2014 4:22 pm

Kindly go through the following thread : http://www.immigrationboards.com/uk-tie ... l#p1038991

samaygrg
Senior Member
Posts: 607
Joined: Sat Jun 09, 2012 11:12 pm
Location: United Kingdom

Re: How to answer "Is the money available to your busin

Post by samaygrg » Sun May 25, 2014 2:36 pm

tanvir1985th wrote:
samaygrg wrote:well, my solicitor left this question unanswered. As if you check the G4 properly, we needed to tick at least one whichever fits to us, and then rest we can leave. Again, the question itself also looks contradictory.

misskin wrote:Hi everyone,

I'm now filling out the application. I have no idea whether the answer for the application question is section G4 is Yes or No. Here is the question:

"Is the money available to your business rather than to you by name?"

It is available to me because it is in my personal chequing account but I've made the decision that it is also available to my business.

Any advice on how to answer this??

thanks!
i am sorry to say yr solicitor made a mistake

but I got visa, Tanvir......:)

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 11:12 am
Location: United Kingdom

Re: How to answer "Is the money available to your business.

Post by tanvir1985th » Sun May 25, 2014 2:40 pm

moral of the story "never trust home office". congrats

samaygrg
Senior Member
Posts: 607
Joined: Sat Jun 09, 2012 11:12 pm
Location: United Kingdom

Re: How to answer "Is the money available to your business.

Post by samaygrg » Sun May 25, 2014 2:47 pm

tanvir1985th wrote:moral of the story "never trust home office". congrats

Yeahh...agreed. There are so much variations in their decisions.

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