Hi All, Bit long winded, so apologies in advance
In the process of doing ILR, application for my Mrs
My history, I was a contractor, and working under umbrella till July 2020, so technically was employed and received payslips (which I have). I started a new contract, where I set up a Limited company and bill the client via that. I only set this up in December, and only 5 months in but it is a long contract which I have a signed copy off. I haven't completed a year of trading, nor submitted any year end accounts, etc as that comes later this year for me.
So for my finance, section I put employed and self employed. Employed as over the last 12 months I was 4 months employed via Umbrella with payslips and 5 months as director of Limited company.
However as part of the required documents I am being asked for;
- Personal bank statements covering the same 12-month period as the Company Tax Return
CT600 showing that the salary as a director was paid into an account in the name of the
person or in the name of the person and their partner jointly
Payslips and P60 (if issued) covering the same period as the Company Tax Return CT600 for Company
Corporate or business bank statements covering the same 12-month period as Company Tax
Return CT600 for Director at Company
Company Tax Return CT600 (a copy or print out) for the last full financial year and evidence
this has been filed with HMRC for me at Company
A certificate of VAT registration and the VAT return for the last full financial year (a copy or a
print out) confirming the VAT registration number, if turnover is in excess of £79,000 or was in
excess of the threshold which applied during the last full financial year for Director at
Company
Evidence of ongoing employment as a director of the company or of ongoing dividend income
from the company at the date of application
As I haven't completed 12 months, I don't have full year accounts, yet. I do have Business bank statements for the last 5 months. I haven't paid myself anything till last week as I was waiting for the new financial and tax year to begin, and paid myself dividends, so can submit that voucher. But was only 1. I am VAT registered so can include the verification from HMRC for that.
I spoke to a friend who suggested I write a cover letter and state that I haven't completed a years trading, so cannot provide full year accounts. And that I was waiting for the new financial tax year to take any payments dividends , etc.
But the online application process doesn't seem to give a place for me to explain just states the docs as mandatory (I am not finalised yet but near enough complete)? And wondered if that was the case and if a cover letter would be the appropriate option to explain or if there is a 'anything else' type section at the end of the application before submission?
TIA