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Director loan

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

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, Administrator

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punksnotdead
Newly Registered
Posts: 3
Joined: Wed Nov 03, 2010 11:35 am

Director loan

Post by punksnotdead » Wed Mar 13, 2013 5:53 pm

Hi
I am applying for extension in April for Tier 1 General visa.
I am paying all taxes and VAT regurlarly.

But, I took director loan of 32k and now I dont have money to repay the loan. I am still getting business to my company. By the time I apply for visa I may not be able to repay the 32k loan back to my company.

Will it affect by visa? Is there any chance that case worker will ask about the director loan.

Please advise.

Thanks
Vam
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Lucapooka
Respected Guru
Posts: 7616
Joined: Sun Aug 14, 2011 10:30 am
Location: Brasil

Post by Lucapooka » Wed Mar 13, 2013 5:57 pm

It won't matter as it's not part of your income. What will matter is that you can show an income that scores sufficient points.
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