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I suggest you write the date you transferred the money.Webpreneur wrote:Good afternoon Everyone,
Investment evidence on Table 3b1
Should we mention Date of investment to business according to the unaudited accounts, which will be once in a year? or we should mention all the transactions date according to the personal and business account statements (As there are couple of transactions from personal to business)?
Input in this direction will be of big help
Many Thanks
Thanks Zimba,zimba88 wrote:I suggest you write the date you transferred the money.Webpreneur wrote:Good afternoon Everyone,
Investment evidence on Table 3b1
Should we mention Date of investment to business according to the unaudited accounts, which will be once in a year? or we should mention all the transactions date according to the personal and business account statements (As there are couple of transactions from personal to business)?
Input in this direction will be of big help
Many Thanks
The date share certificates are issued are usually after investment was done. This is yet another common sense basic business knowledge Also share certificates are not part of the evidence required as per Appendix A. The most important one is your accounts showing the investments under your namethutmose wrote:Yes I am confused about the same issue too. I have one share certificate of 50 k but money was transferred in 6 transactions in 3 months. if I put all 6 dates it won't match with the share certificate date. I want to put the date of the last transaction. If they inquire the answer will be ''I finished transferring all the money on that date hence that's the date of the complete investment.''
Isn't it technically right? I would really appreciate any suggestion.
You are over thinking this too much. Focus on getting your document together properly rather than obsessing over a table on the form. Your documentary evidence is most important thing which you will be awarded points on. If there are multiple transactions you need to supply each business bank statement separately.I feel same, but above table it mentions "You must complete the following table listing each specified document provided to demonstrate each investment" - And now if I follow investment by means of transaction from personal to business, then we do not has option for "Business and Personal Bank Statement" - In which I will mention "YES"
Any suggestion?
Thanks Zimba for your input,zimba88 wrote:The date share certificates are issued are usually after investment was done. This is yet another common sense basic business knowledge Also share certificates are not part of the evidence required as per Appendix A. The most important one is your accounts showing the investments under your namethutmose wrote:Yes I am confused about the same issue too. I have one share certificate of 50 k but money was transferred in 6 transactions in 3 months. if I put all 6 dates it won't match with the share certificate date. I want to put the date of the last transaction. If they inquire the answer will be ''I finished transferring all the money on that date hence that's the date of the complete investment.''
Isn't it technically right? I would really appreciate any suggestion.
You are over thinking this too much. Focus on getting your document together properly rather than obsessing over a table on the form. Your documentary evidence is most important thing which you will be awarded points on. If there are multiple transactions you need to supply each business bank statement separately.I feel same, but above table it mentions "You must complete the following table listing each specified document provided to demonstrate each investment" - And now if I follow investment by means of transaction from personal to business, then we do not has option for "Business and Personal Bank Statement" - In which I will mention "YES"
Any suggestion?