Iam totally lost...Help me...Please
Posted: Mon May 21, 2012 2:46 pm
Respected Sir or Madam,
I am a Tier 1 general migrant. I will be applying for my ILR soon.
After reading SET(O) I have following doubts, that I request your input to clear for me. In the aforesaid form, on page 39 it says the under mentioned wordings;
Your Finances
Evidence of your finances. If you have to complete section 5, bank statements, building society savings book(s), pay slips or other formal documents as evidence of your ability to maintain and accommodate yourself and any dependants without recourse to public funds. (See Note 5).
Note 5 We do not accept internet or cashpoint statements as evidence of finances. If you claim that a relative or friend is providing you with financial support (see question 5.4), in addition to evidence of your own finances, you must provide bank statements or other documents of the kind described above as evidence of their financial resources. The documents showing the finances available to you and to any person supporting you should cover at least the last 3 months.
It does says that I need to show that I have personal savings up to three months from the date of my application. It, however, does not guides me how much I need to show? Since my spouse is also working, can I include his savings as well. One of my friend also said that she is willing to help me, incase I need her financial help. What documents do I need to include for this type of claim. OR I can show my earnings only etc. I have tried to look in to the policy guidance as well, but can't find the right place to find the answer to this question.
In addition to this, I am working as employed and my personal limited company setup as well. I am just drawing money from my company's account to my personal account to do all the business expenses and use the money for my personal use as well.
My accountant (who is a chartered accountant) has made a Profit and Loss statement using both my company's and personal's accounts. As per him, this profit and loss statments are accepted by HMRC for tax purpose. Do I need to send that profit and loss statement along with the accountant letter and managed account statement etc. for claiming the points for my previous earnings.
I will really appreciate your shedding light on these two issues.
Thanks,
I am a Tier 1 general migrant. I will be applying for my ILR soon.
After reading SET(O) I have following doubts, that I request your input to clear for me. In the aforesaid form, on page 39 it says the under mentioned wordings;
Your Finances
Evidence of your finances. If you have to complete section 5, bank statements, building society savings book(s), pay slips or other formal documents as evidence of your ability to maintain and accommodate yourself and any dependants without recourse to public funds. (See Note 5).
Note 5 We do not accept internet or cashpoint statements as evidence of finances. If you claim that a relative or friend is providing you with financial support (see question 5.4), in addition to evidence of your own finances, you must provide bank statements or other documents of the kind described above as evidence of their financial resources. The documents showing the finances available to you and to any person supporting you should cover at least the last 3 months.
It does says that I need to show that I have personal savings up to three months from the date of my application. It, however, does not guides me how much I need to show? Since my spouse is also working, can I include his savings as well. One of my friend also said that she is willing to help me, incase I need her financial help. What documents do I need to include for this type of claim. OR I can show my earnings only etc. I have tried to look in to the policy guidance as well, but can't find the right place to find the answer to this question.
In addition to this, I am working as employed and my personal limited company setup as well. I am just drawing money from my company's account to my personal account to do all the business expenses and use the money for my personal use as well.
My accountant (who is a chartered accountant) has made a Profit and Loss statement using both my company's and personal's accounts. As per him, this profit and loss statments are accepted by HMRC for tax purpose. Do I need to send that profit and loss statement along with the accountant letter and managed account statement etc. for claiming the points for my previous earnings.
I will really appreciate your shedding light on these two issues.
Thanks,