Transfer of funds & multiple businesses

[ARiaz]

Dear Respected Gurus,

Need your thoughts on below points

1 - Do we need to provide personal BS to warrant transfer of funds into business account? or is it just business bank statement showing funds coming in

2- I am running 2 businesses , one is consultancy and other is training so would this be OK w.r.t extension purposes?

3- Lastly do we have to provide FPS submission logs or just FPS report?

Much appreciated

[zimba]

1- If your name does not show in the business bank account better you send personal one too
2- One business is enough to score points, choice is yours
3- ONLY FPS reports generated by Payroll software showing starting dates and salary/tax payments

[ARiaz]

1- If your name does not show in the business bank account better you send personal one too
2- One business is enough to score points, choice is yours
3- ONLY FPS reports generated by Payroll software showing starting dates and salary/tax payments

Thanks Zimba for prompt response
Can I use both businesses for job creation points, like one job in each? Becasue I have one job sustained in consultancy business for 22 months and in 1 lasted 16 months full time in training business

[zimba]

Yes but only under transitional arrangements.

[kaps84]

Yes but only under transitional arrangements.

Hi Zimba88, I think you mis read the question or is it me who mis-understood it.
Why can't we show 1 full-time job in each business (two here) for extension purposes? I guess it has nothing to do with transitional arrangements?

Your thoughts please.


Kind Regards,

Kaps84

[zimba]

Clarification: You can as long as each position in the company lasts at least 12 months (except for transitional arrangements)!