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Does para 142 apply to applicants operating Ltd companies?

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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niw2
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Posts: 253
Joined: Fri Jun 15, 2007 11:41 am

Does para 142 apply to applicants operating Ltd companies?

Post by niw2 » Wed Nov 03, 2010 11:22 am

Hi guys,

Next year I will be applying for my Tier 1 (general) extension.

I have been working under my own limited company, "Joe Bloggs Consulting Ltd". I am the only employee. Each week my acountant tells me how much to pay myself from my company account. I pay myself a combination of salary and dividends.

I assumed that UKBA would consider me to be self-employed and that I would have to submit two pieces of extra evidence from para 142 of the policy guidance. When I asked my accountant how I could get the necessary evidence, he told me that para 142 does not apply to me because I am not self-employed. He says in the past he has helped several other clients to get HSMP/Tier 1 extensions without submitting the para 142 documents.

Do I have to meet the requirements of para 142 or not?

Thank you very much for your replies.

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