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Business Bank Statement --Tier 1 Entrepreneur
Posted: Mon Nov 19, 2018 4:09 am
by UKCHEP2019
Dear All,
I am going to apply ILR next week using Tier 1 Entrepreneur 5 Years route. Is it ok to send 6 months business statements or i have to send the full 2 years business statements after the extension ,. Please advise
Regards
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Mon Nov 19, 2018 6:41 pm
by aman90
A single recent business bank statement or business bank letter confirmation should suffice..
Name of business, address,and you are signatory.
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Mon Nov 19, 2018 6:54 pm
by Dangerous Dragon
its better to send last 6 months. I did same.
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Mon Nov 19, 2018 7:26 pm
by aman90
Dangerous Dragon wrote: ↑Mon Nov 19, 2018 6:54 pm
its better to send last 6 months. I did same.
Out of curiousity and for the sake of knowledgable discussion.. why do you think it’s better?
I only sent a bank letter.
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Mon Nov 19, 2018 10:42 pm
by CULLINAN
There is NO requirement for 6 months or 1 year business bank statements. The guidance says you have to provide “a” business bank stament or bank letter to prove your company has a UK business bank account.
I agree with aman90
However, it is upto the applicant to send in as many additional/optional documents he/she wants to send. My personal experience taught me NOT to send any additional documents as it only creates misunderstandings for caseworker.
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Tue Mar 12, 2019 1:00 am
by LexJag
tier11417 wrote: ↑Mon Nov 19, 2018 10:42 pm
There is NO requirement for 6 months or 1 year business bank statements. The guidance says you have to provide “a” business bank stament or bank letter to prove your company has a UK business bank account.
I agree with aman90
However, it is upto the applicant to send in as many additional/optional documents he/she wants to send. My personal experience taught me NOT to send any additional documents as it only creates misunderstandings for caseworker.
I couldn’t agree more... well said!
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Tue Mar 12, 2019 1:46 am
by natsha
As such not required to send but as genius Entrepreneur Test. You should send at least 6 months or 12 months.
Its good to care work can see you are running good business and spending money, paying tax, salary, HMRC. ETC ETC For sending statement its help for casework to take a quick decision and avoid an interview.
I did send 1 year.
Thanks
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Tue Mar 12, 2019 11:32 am
by CULLINAN
natsha wrote: ↑Tue Mar 12, 2019 1:46 am
As such not required to send but as genius Entrepreneur Test. You should send at least 6 months or 12 months.
Its good to care work can see you are running good business and spending money, paying tax, salary, HMRC. ETC ETC For sending statement its help for casework to take a quick decision and avoid an interview.
I did send 1 year.
Thanks
As of my experience interviews occur more when you send unnecessary documents. One should stick to the guidance. Also, HO will ask for more documents IF they need for genuine entrepreneur test. No one so far has reported an interview for ILR though.
Re: Business Bank Statement --Tier 1 Entrepreneur
Posted: Tue Mar 12, 2019 12:04 pm
by aman90
I didn’t send a bank statement and got ILR within 2.5 months without an interview... probably my CT600 sent in as an after thought helped.. I’ll never know.
Anyways this is such an old post.. but for anyone new reading it.. understand the logic behind the requirements and rules..it’s to confirm business registration.. why rock the boat and set urself up for any delays due to verification checks..just my 2 pence.