At last the day has come.
I am about to apply for my extension under Tier 1 Entrepreneur (200k)
I have invested my 200k into my SOLE PROPRIETOR BUSINESS as and when required, transferring it from my personal account to my sole proprietor business bank account.
I started my business approximately 10 days after I arrived into the country (June 2013). In the beginning I was using my personal bank account as my business bank account was not operational. Once my business account was operational (September 2013) only my business bank account was used for business purpose.
NOW my question is:
Do I have to send my 3 year business bank statement or a few months (2 to 3) months bank statement showing business transactions like rent, salary etc will suffice?
(as per guidance the only requirement I was able to find for sole proprietor investment, was Unaudited accounts with compilation report showing Investment made on my name in the financial accounts of the business) Will also be sending a letter from my accountant confirming the amount invested.
Response will be appreciated.
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