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Search found 141 matches

by tier1entrepreneur-A
Mon Feb 03, 2020 12:43 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Business activities

Hi Team, I just would like to check the following business activities will be acceptable by HO or not, Q1: My company will act like an agency to supply services to other recruitment agencies for freelancer jobs, and at the end of the month my company will send invoice for those agencies for the ser...
by tier1entrepreneur-A
Sun Feb 02, 2020 10:20 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Business activities

Hi Team, I just would like to check the following business activities will be acceptable by HO or not, Q1: My company will act like an agency to supply services to other recruitment agencies for freelancer jobs, and at the end of the month my company will send invoice for those agencies for the serv...
by tier1entrepreneur-A
Sun Feb 02, 2020 10:03 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Employee working hours

Hi Team, My company full time employees working 30hrs or more per week, so each month pay is different than the other (based on working hours), but working hours per week always 30hrs or more, On each payslip (monthly) it include how many hours they work per month and hourly rate (i.e. 140 hours @ ...
by tier1entrepreneur-A
Thu Jan 30, 2020 7:31 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Employee working hours

Hi Team, My company full time employees working 30hrs or more per week, so each month pay is different than the other (based on working hours), but working hours per week always 30hrs or more, On each payslip (monthly) it include how many hours they work per month and hourly rate (i.e. 140 hours @ ...
by tier1entrepreneur-A
Thu Jan 30, 2020 7:29 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Ideas for tier 1 Investment after failure of first business
Replies: 2
Views: 1045
United Kingdom

Re: Ideas for tier 1 Investment after failure of first business

I know it is a difficult one, but maybe any idea will help. I built a good business case for a media prodcution company and got my tier 1 visa approved. now after 5months in the UK i feel the capital needed to have a succesful business is beyound my avaiable capital (i came on 200k route.). questio...
by tier1entrepreneur-A
Wed Jan 29, 2020 9:09 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Employee working hours

Hi Team, My company full time employees working 30hrs or more per week, so each month pay is different than the other (based on working hours), but working hours per week always 30hrs or more, On each payslip (monthly) it include how many hours they work per month and hourly rate (i.e. 140 hours @ £...
by tier1entrepreneur-A
Fri Jan 17, 2020 9:14 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Director's Loan agreement and Fund transfer

Hi Team, I would like your advice on the following: One employee (A) (out of 10 employees in total) left the company in Oct 2019 after her job role (Job X) been closed (after spending almost 2 years working for the company), and she has joined the company again in Jan 2020 doing another job positio...
by tier1entrepreneur-A
Fri Jan 17, 2020 8:46 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Director's Loan agreement and Fund transfer

Hi Team, I would like your advice on the following: One employee (A) (out of 10 employees in total) left the company in Oct 2019 after her job role (Job X) been closed (after spending almost 2 years working for the company), and she has joined the company again in Jan 2020 doing another job position...
by tier1entrepreneur-A
Fri Jan 17, 2020 8:38 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Job creation

Hi Team, I just would like your advice wrt a job creation (1 job) Employee 1 - PT - joined from Jan to Dec (12 months in total) Employee 2 - PT - joined for 1 month only - only Jan (1 month in total) Employee 3 - PT - Joined from Feb to Dec (11 months in total) Combined working hours per week (Empl...
by tier1entrepreneur-A
Wed Jan 15, 2020 6:02 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Job creation

Hi Team, I just would like your advice wrt a job creation (1 job) Employee 1 - PT - joined from Jan to Dec (12 months in total) Employee 2 - PT - joined for 1 month only - only Jan (1 month in total) Employee 3 - PT - Joined from Feb to Dec (11 months in total) Combined working hours per week (Emplo...
by tier1entrepreneur-A
Wed Jan 15, 2020 5:47 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Director salary

[/quote] HO is likely to timing into account. Not on a month on month basis but on a cumulative basis. So, if your month 1 sales was £2000 and the next sales was in month 4, you are ok for month 1 and month 2 but then in month 3, HO may consider that you have withdrawn from your investment. [/quote]...
by tier1entrepreneur-A
Sat Jan 11, 2020 12:50 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Director salary

Hi Team, I just would like your advice wrt the following: I get paid monthly approx. £720 as a director salary from my limited company, The company turnover (sales/revenue) every year is over £80k, Sometimes we have zero sales in a month (rare happen, but still happening), but I still receive my mon...
by tier1entrepreneur-A
Thu Oct 10, 2019 10:42 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

British citizen employee - Part time 10-15hrs per week (during his high school study)

Hi Team, I just would like to ask if HO accept British citizen employee - Part time 10-15 hrs per week (high school student), as a PT employee for job creation. Facts: British citizen. High school student. Working part time - all the year (mainly work during the weekend) Looking forward to hearing f...
by tier1entrepreneur-A
Wed Sep 18, 2019 7:20 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Director's Loan agreement (only one instead of three)

marcnath wrote:
Wed Sep 18, 2019 12:27 pm
One agreement is fine

Excellent, thanks marcnath for your valuable advice, much appreciated.
by tier1entrepreneur-A
Wed Sep 18, 2019 3:34 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Director's Loan agreement (only one instead of three)

Hi Team, I have completed the required investment (Director's Loan) in my own limited company in three transactions from my UK personal bank account to the company business bank account. My question is: Can I have only one Director's Loan agreement which listing the full loan amount as well as the t...
by tier1entrepreneur-A
Wed Sep 18, 2019 3:14 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: British citizen employee (during his university study)

There is no weekly hour working restriction for British citizens however you simply cannot be a full time student attending university and work full-time as well. Remember ho has full access to the employee information too and will see they are a full time student in a number of ways. Excellent. Th...
by tier1entrepreneur-A
Sun Sep 08, 2019 8:44 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

British citizen employee (during his university study)

There is no weekly hour working restriction for British citizens however you simply cannot be a full time student attending university and work full-time as well. Remember ho has full access to the employee information too and will see they are a full time student in a number of ways. Excellent. Th...
by tier1entrepreneur-A
Sun Sep 08, 2019 8:35 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

British citizen employee (during his university study)

There is no weekly hour working restriction for British citizens however you simply cannot be a full time student attending university and work full-time as well. Remember ho has full access to the employee information too and will see they are a full time student in a number of ways. Excellent. Th...
by tier1entrepreneur-A
Sun Sep 08, 2019 8:03 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

British citizen employee (during his university study)

CR001 wrote:
Sun Sep 08, 2019 9:14 am
bizman wrote:
Sat Sep 07, 2019 9:20 pm
Students can not do more than 20hrs per week by law. So they can not be employed for full time role.
Which law is this and where does it say it applies to British citizens?
Thanks CR001, could you please share what you know about this point.

Thanks in advance.
by tier1entrepreneur-A
Sat Sep 07, 2019 10:23 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

British citizen employee (during his university study)

Hi Team, A British citizen university student (18 years old) will be working with me in parallel to his university engineering study, as he can do the work from home/online. Any restriction (to HO) for the hours he can work per week? Is it acceptable for HO to use him to do 30 hrs per week and to be...
by tier1entrepreneur-A
Sat Sep 07, 2019 10:17 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: EU Employee - Breixt

Hi Team, I have two part time employee, employee A started joined the company in May 2018, and employee B joined in Mar 2019 (both of them doing the same job, and holding EU passport) My understanding is that both of them should be employed on the same period to allow me to be able to combine the t...
by tier1entrepreneur-A
Sun Sep 01, 2019 11:44 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: EU Employee - Breixt

Hi Team, I have two part time employee, employee A started joined the company in May 2018, and employee B joined in Mar 2019 (both of them doing the same job, and holding EU passport) My understanding is that both of them should be employed on the same period to allow me to be able to combine the t...
by tier1entrepreneur-A
Fri Aug 30, 2019 8:23 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

EU Employee - Breixt

Hi Team, I have two part time employee, employee A started joined the company in May 2018, and employee B joined in Mar 2019 (both of them doing the same job, and holding EU passport) My understanding is that both of them should be employed on the same period to allow me to be able to combine the tw...
by tier1entrepreneur-A
Fri Aug 30, 2019 8:08 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Re: Joining an existing business

marcnath wrote:
Wed Aug 28, 2019 5:00 am

If the business had employees before, it might be possible to also provide a copy of the Notification to HMRC of when the employees ceased. It is not necessary but just useful.
Thanks marcnath for your reply, it's much appreciated.
by tier1entrepreneur-A
Sun Aug 25, 2019 9:24 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director's Loan agreement and Fund transfer
Replies: 249
Views: 30309
United Kingdom

Joining an existing business

Of course it is the requirement, however it depends on the wordings of the letter. If it takes care of the requirement it should be fine Many thanks bizman for your reply, it's much appreciated, Yes, the letter matches with the wordings as per the guide, I was just wondering if i need any other doc...