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50k investment

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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Kkapil
Newly Registered
Posts: 17
Joined: Tue Jun 07, 2016 9:10 pm

50k investment

Post by Kkapil » Wed Jun 29, 2016 1:12 pm

Hi All,
As I will be extending next year, do I have to invest all 50k or part of it & remaining in account?

Many Thanks.

Dangerous Dragon
Member
Posts: 135
Joined: Thu Jun 09, 2016 8:26 am

Re: 50k investment

Post by Dangerous Dragon » Wed Jun 29, 2016 7:40 pm

Kkapil wrote:Hi All,
As I will be extending next year, do I have to invest all 50k or part of it & remaining in account?

Many Thanks.
Kkapil,

You must invest all the 50K before your extension application and ur investment should be mentioned in your annual accounts or management accounts which ever comes first before your extension.

Mrchaany
Senior Member
Posts: 533
Joined: Sun Jun 23, 2013 11:52 pm
Location: Reading

Re: 50k investment

Post by Mrchaany » Wed Jun 29, 2016 8:07 pm

Kkapil
First of you need to read gauidance, where you could find that that investment via director loan you need transfer funds from personal account to company business's account. Then your accountant can also mention the director loan section at your annual accounts.
Or
Investment via share holder fund

Hire accountant for this purposes

Regards
Ik
Strong commitment, extreme faith and honesty will recognize your existence.

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