Benefits Options

[sami1975]

Hi

I am running a business consultancy firm and on ILR status since last year after Tier 1 Entrepreneur. My major clients are Coffee chains, restaurants and food suppliers.In last 2 weeks the situation is dramatically changed and almost 80% of my clients shut their businesses. Just some companies food suppliers are working. My business is in big turmoil like others. I have 4 dependants visa expiring end of May 2020. I never thought that I will use any kind of benefits system but now in current scenario what are the options for me to survive further as I can only survive for some months with my savings. Also if I am eligible what kind of effect will be on my family immigration as, their extension is due in May 2020 and also they are eligible for ILR by the end of 2020.

Please guide me

Many Thanks

[seagul]

https://www.gov.uk/benefits-calculators

[JB007]

Hi

I am running a business consultancy firm and on ILR status since last year after Tier 1 Entrepreneur. My major clients are Coffee chains, restaurants and food suppliers.In last 2 weeks the situation is dramatically changed and almost 80% of my clients shut their businesses. Just some companies food suppliers are working. My business is in big turmoil like others. I have 4 dependants visa expiring end of May 2020. I never thought that I will use any kind of benefits system but now in current scenario what are the options for me to survive further as I can only survive for some months with my savings. Also if I am eligible what kind of effect will be on my family immigration as, their extension is due in May 2020 and also they are eligible for ILR by the end of 2020.

Please guide me

Many Thanks

The government is offereing help for the self employed, starting from June, but in return it is likely the end on the low paid Type 2 National Inusrance. As was said in that announcement, if those with their own business want help from the taxpyayers, then it is only right that they now start paying a fair contribution in taxes.

https://www.gov.uk/guidance/claim-a-gra ... ort-scheme

[sami1975]

Hi Seagul

Thank you for the link.

With due apologise this is not the advise on the query.

Could you please answer in the light of my query if possible.

Many Thanks

[seagul]

then it is only right that they now start paying a fair contribution in taxes.

For many it might be too late now because average profits of the last 3 years will be taken for allocating any grant

[seagul]

Hi Seagul

Thank you for the link.

With due apologise this is not the advise on the query.

Could you please answer in the light of my query if possible.

Many Thanks

You need to use one of these benefit calculator by giving your detail to get the answer as nobody can give you the accurate reply.

[sami1975]

Dear Seagul

You did not understood my query.

Actually the basic question was that what kind of effects will be on my family immigration after applying for the benefits.

My company was in profit in last 5 years and I paid £1000's of corporation tax, its not the issue. Only i was curious because banks were not very supportive in start but in last 2 days the scenario is changed. I am hoping something better after meeting with my bank business specialist.

I hope I will not go for the benefits options to take risk for my family immigration, I can support family at least 6 months, next Allah is always with us.

Many Thanks for your previous answers

[JB007]

Dear Seagul

You did not understood my query.

You did not read the link seagul gave you in the second post, on Wednesday. - A link which then linked to benefit calcultors like this.
https://benefits-calculator.turn2us.org.uk/AboutYou

Which if you used, would answer your query.