Investment of Tier 1 Entrepreneur

[shaz007]

HI All ,

Can anyone clear this point of mine pelase below

If a person has not transfer the money from his personal account to business account in first year and some reason spend 20 k and now left 30k in personal account . The first year Annual company accounts are due so if i transfer 30k now and in accounts record in Annual accounts it will show 30k investment so will this going to effect for my extension ?

Please help and advice i am Stuck in that problem

Thanks In advance

[zimba]

Unless you are self employed, you need to show that the full amount has been transferred to your company for extension.