Waqas, this letter has not been sent by mistake as Employment Compliance and HMRC are working together these days, as during your extension application time you must have been withdrawing director salary and your salary details must have been submitted to HMRC through RTI and as your stay was expire...

Agreed with legalkhan. If business is generating revenue than director salary should not be considered to be taken from cash invested even with net loss position ! For example - In year 1 you invested cash 25K and if your revenue was 10K and your net losses was 20K including director salary of 7K. T...

Hi Dnf, As you are the only Qualified Chartered Accountant in this forum, I need you professional advise on below queries please. 1) I have invested £50k by Director loan (DL) and the investment spread over three years i.e Year 1 unaudited accounts shows total DL 25K , Year 2 unaudited accounts show...

Hi Zimba, Lots of people here suggesting to send personal bank statements along with business statements to prove that Invested money transfer from their personal to business account. But I can not see any requirement ( in guidance and immigration rules) to send personal statement to prove transfer ...

Many hellostar,

Did you submit a separate Accountants letter confirming 50K investment in addition of Management Accounts and Accountants report ?

Dear DNF, Thanks for your prompt reply. As I have very least knowledge of accounting being Marketing Consultant , I respect your knowledge & skills (as accountant) as this is your area of expertise. I was only referring the documents what was required in policy but if you believe a separate acco...

Hi Dnf, Many thanks for your reply. If the Account Compilation report by accountant won't be sufficient ? as I can't see any requirement in policy for providing separate accountant letter confirming investment, policy only say to provide un-audited accounts with Account Compilation report. Kindly cl...

Many thanks DNF,

Many thanks

Dear Dnf, Thank you for replying my queries. I would really appreciate if you kindly answer the possible last query ! What was the difference b/w the date (no of days) of your application for extension and your latest unaudited/management accounts with 50K investment shown. Basically I need to know ...

Hi all, How old the un-audited accounts are acceptable before the date of application made ? If accounts cover 200/50k investment and the unaudited accounts signed/prepared 50 days before the date of application ? can they be acceptable for the case being older than 30 days before the date of applic...

Hi Dnf, Appreciate your response. Further to your reply if you could answer them as well, really appreciate for your time ! 2.FPS signed - Did you signed all Monthly FPS with their corresponding month date or with the latest date of application i.e Jan 2015 FPS was signed as 31 jan 2015 or signed as...

Hi Zimba88, I have few queries if you kindly respond at your earliest convenience: 1) Director Loan Agreement - In policy guidance it is stated that you need to provide a ''Legal agreement'' between you and the company for director loan, should the loan agreement be signed by the solicitor to make i...

Hi DNF, I have few queries if you kindly respond at your earliest convenience: 1) Director Loan Agreement - In policy guidance it is stated that you need to provide a ''Legal agreement'' between you and the company for director loan, should the loan agreement be signed by the solicitor to make it a ...