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Tier 1 Team & Un-audited Accounts

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

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

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itpba
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Tier 1 Team & Un-audited Accounts

Post by itpba » Wed Aug 10, 2016 6:40 am

Hi All.. we are Tier 1 ENT team and applying together.in our un-audited accounts it says Mr A Mr B are directors of ABC ltd, both have 50% shareholding and have invested 55K. is this enough or do we have to mention on accounts how much each team member has invested although it clearly says we are 50% shareholders & also we are applying same day together do we have to send 2 sets of docoments or 1 copy of each docoment is enough for both of us ? Many thanks in advance

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zimba
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Re: Tier 1 Team & Un-audited Accounts

Post by zimba » Wed Aug 10, 2016 10:30 am

If it says both of you are shareholders and have 50% shares however the value of each share matters too. You need two copies of the accounts for each of your applications
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

itpba
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Posts: 86
Joined: Mon May 16, 2016 9:54 pm

Re: Tier 1 Team & Un-audited Accounts

Post by itpba » Wed Aug 10, 2016 7:39 pm

zimba88 wrote:If it says both of you are shareholders and have 50% shares however the value of each share matters too. You need two copies of the accounts for each of your applications
Thanks so much Zimba88 for your reply, we both are 50% shareholder value of each share is £1 and we invested via director Loan & the immigration adviser who is preparing our application said if we both are applying at the same day and same time no need for 2 copies one is enough i am abit confused about it. Regards

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zimba
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Re: Tier 1 Team & Un-audited Accounts

Post by zimba » Thu Aug 11, 2016 10:22 am

itpba wrote: Thanks so much Zimba88 for your reply, we both are 50% shareholder value of each share is £1 and we invested via director Loan & the immigration adviser who is preparing our application said if we both are applying at the same day and same time no need for 2 copies one is enough i am abit confused about it. Regards
It seems that your so called advisor did not even read the Tier 1E guide :? . The guide says on item 51:
You should provide all the documents needed for evidence with your own application. Your team member should also provide all the documents needed with their application. In some cases this means that your team will need to send 2 sets of documents. It will help in processing your application if you do not rely on information presented with anyone else’s application
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

itpba
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Posts: 86
Joined: Mon May 16, 2016 9:54 pm

Re: Tier 1 Team & Un-audited Accounts

Post by itpba » Fri Aug 12, 2016 8:08 pm

zimba88 wrote:
itpba wrote: Thanks so much Zimba88 for your reply, we both are 50% shareholder value of each share is £1 and we invested via director Loan & the immigration adviser who is preparing our application said if we both are applying at the same day and same time no need for 2 copies one is enough i am abit confused about it. Regards
It seems that your so called advisor did not even read the Tier 1E guide :? . The guide says on item 51:
You should provide all the documents needed for evidence with your own application. Your team member should also provide all the documents needed with their application. In some cases this means that your team will need to send 2 sets of documents. It will help in processing your application if you do not rely on information presented with anyone else’s application
Thanks alot zimba for your reply, i did go through guidelines and asked him as well he said he is dealing few such cases and the lines IN SOME CASES APPLICANT MIGHT SEND 2 COPIES OF DOCUMENTS means not all tier 1 teams applying at the same time due to their circumstances but if you applying same day same time you only need to send maintenance statement, degree for maintenance separate but annual accounts, DL,HMRC docs,comapnies house docs,Employee docs and payroll docs not needed to be sent twice. i am confused now shall i send 1 copy or send 2 copies just in case ? Regards

babaty2k02
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Re: Tier 1 Team & Un-audited Accounts

Post by babaty2k02 » Fri Aug 12, 2016 8:24 pm

Thanks alot zimba for your reply, i did go through guidelines and asked him as well he said he is dealing few such cases and the lines IN SOME CASES APPLICANT MIGHT SEND 2 COPIES OF DOCUMENTS means not all tier 1 teams applying at the same time due to their circumstances but if you applying same day same time you only need to send maintenance statement, degree for maintenance separate but annual accounts, DL,HMRC docs,comapnies house docs,Employee docs and payroll docs not needed to be sent twice. i am confused now shall i send 1 copy or send 2 copies just in case ? Regards[/quote]


You sending 2 copies will not be out of the way....so send 2 copies

itpba
Junior Member
Posts: 86
Joined: Mon May 16, 2016 9:54 pm

Re: Tier 1 Team & Un-audited Accounts

Post by itpba » Fri Aug 12, 2016 9:32 pm

babaty2k02 wrote:Thanks alot zimba for your reply, i did go through guidelines and asked him as well he said he is dealing few such cases and the lines IN SOME CASES APPLICANT MIGHT SEND 2 COPIES OF DOCUMENTS means not all tier 1 teams applying at the same time due to their circumstances but if you applying same day same time you only need to send maintenance statement, degree for maintenance separate but annual accounts, DL,HMRC docs,comapnies house docs,Employee docs and payroll docs not needed to be sent twice. i am confused now shall i send 1 copy or send 2 copies just in case ? Regards

You sending 2 copies will not be out of the way....so send 2 copies[/quote]

Thanks for your reply babaty2k02, i will speak to my immigration adviser and consider 2 copies if required to... Regards

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zimba
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Re: Tier 1 Team & Un-audited Accounts

Post by zimba » Mon Aug 15, 2016 10:27 am

Majority of documents required are technically in digital format (payslips, FPS, Appointments report, etc). This means that you CAN send 2 copies.
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

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