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cash collection and previous earnings?

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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merci
Member
Posts: 105
Joined: Wed Feb 13, 2008 8:28 am

cash collection and previous earnings?

Post by merci » Tue Sep 29, 2009 12:30 am

a few customer of our did their payment as cash nd threst as cheque. The bank account deposited with the explanation of customer name for cash collections.

Do you think that may cause any problem?
Does all the payment must be by cheque or BACS?

Rgds,
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mvent00
Diamond Member
Posts: 1003
Joined: Thu Apr 16, 2009 10:18 am

Re: cash collection and previous earnings?

Post by mvent00 » Tue Sep 29, 2009 3:26 am

No, as long as your bank statements are supported by the second source evidence, i.e., letter from your accountant or managing agent or your tax documents. Please refer to page 26 of 49 of Tier 1 guidance.
merci wrote:a few customer of our did their payment as cash nd threst as cheque. The bank account deposited with the explanation of customer name for cash collections.

Do you think that may cause any problem?
Does all the payment must be by cheque or BACS?

Rgds,
Top
merci
Member
Posts: 105
Joined: Wed Feb 13, 2008 8:28 am

Post by merci » Tue Sep 29, 2009 8:58 pm

Thank you for he answer

Rgds,
Top
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