ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

Search found 13 matches

by Spirea28
Mon Aug 10, 2009 12:21 pm
Forum: UK Tier 1 (General) Visas
Topic: Maintenance Funds in Chequing account, does that count?
Replies: 1
Views: 445

Maintenance Funds in Chequing account, does that count?

Hi all, would really appreciate your advise/confirmation.... Basically I have the £800 maintance funds for a consective 3 months period in my Canadian Chequing account - I read on the guidance notes that it must be in savings accounts/current accounts and other accounts are not acceptable. How abou...
by Spirea28
Fri Aug 07, 2009 8:08 am
Forum: UK Tier 1 (General) Visas
Topic: HSMP valid date - ILR
Replies: 1
Views: 471

HSMP valid date - ILR

Hi, My initial HSMP entry clearance was valid from 28.08.07, and until 28.08.09. I didn't come to the UK until 12.09.07 (got a dated stamp of this on my entry clearance on my passport) I am due to extend my HSMP now, if I get it, shall I request HO to give me an entry clearance with a valid date unt...
by Spirea28
Fri Aug 07, 2009 7:59 am
Forum: UK Tier 1 (General) Visas
Topic: UK or overseas earnings
Replies: 11
Views: 1815

UK or Overseas earnings

could you please list the evidences (invoices/pay advices, bank statements, accoutant reference/tax documents etc) of earnings you have got from both the companies? For the London's company: a. Invoices that I issued them for the period claimed b. Remittance Advices (I don't have payslips - would t...
by Spirea28
Fri Aug 07, 2009 7:38 am
Forum: UK Tier 1 (General) Visas
Topic: Accountant's letter - please advise
Replies: 3
Views: 831

Accountant's letter - please advise

Its better to provide draft accounts of the business along with the letter. Your accountant will prepare the draft accounts of the business and will certify them. Thanks rizwan567! By certify them, do you mean my accountant has to put a company stamp on the letter, besides having the letter on his ...
by Spirea28
Thu Aug 06, 2009 1:09 pm
Forum: UK Tier 1 (General) Visas
Topic: A question re self-employed/contractor
Replies: 12
Views: 1887

Re: A question re self-employed/contractor

Hi all, I understand that as a contractor, the earnings that will be assessed are the profits I earn before tax. I was wondering by profits does that mean income minus expenses? Many thanks for your advice! depends on the expense you mean profit, true profit meaning sales minus expensese the compan...
by Spirea28
Thu Aug 06, 2009 12:56 pm
Forum: UK Tier 1 (General) Visas
Topic: UK or overseas earnings
Replies: 11
Views: 1815

UK or overseas earnings

Hi, Would really appreciate any advice on this please. Basically I am an independent contractor wishing to apply for extension of stay under HSMP. My earnings originated from 2 sources - one is a London, UK company and the other a Canadian company. I was wondering if can clam my earnings from the Ca...
by Spirea28
Wed Aug 05, 2009 11:47 pm
Forum: UK Tier 1 (General) Visas
Topic: A question re self-employed/contractor
Replies: 12
Views: 1887

Re: A question re self-employed/contractor

Hi all, I understand that as a contractor, the earnings that will be assessed are the profits I earn before tax. I was wondering by profits does that mean income minus expenses? Many thanks for your advice! depends on the expense you mean profit, true profit meaning sales minus expensese the compan...
by Spirea28
Wed Aug 05, 2009 7:14 pm
Forum: UK Tier 1 (General) Visas
Topic: A question re self-employed/contractor
Replies: 12
Views: 1887

Re: A question re self-employed/contractor

Yes you are right. You can submit accountant letter+bank statement. But money in your bank account you should be proved? Invoices will fill the gap. You have to submit the corroborative evidence.[/quote][/quote] Thanks for the advice again. By "proved", do you mean I shall indicate who ha...
by Spirea28
Wed Aug 05, 2009 3:51 pm
Forum: UK Tier 1 (General) Visas
Topic: A question re self-employed/contractor
Replies: 12
Views: 1887

Re: A question re self-employed/contractor

You will also need to provide invoices to prove your earnings for the same. Thanks again chetanojha - I have all the invoices on file...I was wondering if one only needs to submit 2 pieces of evidence from different sources to prove previous earnings claimed? In my case, do you think bank statement...
by Spirea28
Wed Aug 05, 2009 3:40 pm
Forum: UK Tier 1 (General) Visas
Topic: A question re self-employed/contractor
Replies: 12
Views: 1887

Re: A question re self-employed/contractor

It depends on how you run your company. E.g. If you are taking dividends out of the company...then you be assessed based on dividends+salary(min) you are taking out from your companay. If you are keeping all your earning in company only i.e. not taking any dividends etc. then you have to submit lot...
by Spirea28
Wed Aug 05, 2009 3:32 pm
Forum: UK Tier 1 (General) Visas
Topic: A question re self-employed/contractor
Replies: 12
Views: 1887

Gross profit = Sales/income - Expenses Net profit = Gross profit - (any) taxes Net profit is what you can pay yourself as dividends. This money could either be in your company accounts or in your personal accounts. All you have to do is provide proofs (company returns, dividend vouchers, accountant...
by Spirea28
Wed Aug 05, 2009 3:22 pm
Forum: UK Tier 1 (General) Visas
Topic: Accountant's letter - please advise
Replies: 3
Views: 831

Accountant's letter - please advise

Hi, My accountant has written me a very simple letter to fulfill the requirement for the letter from accountant, I would appreciate very much if you can advise if this letter is fine? "We confirm that we act as professional advisors to the above. Her gross earnings before expenses for the year ...
by Spirea28
Wed Aug 05, 2009 2:58 pm
Forum: UK Tier 1 (General) Visas
Topic: A question re self-employed/contractor
Replies: 12
Views: 1887

A question re self-employed/contractor

Hi all,

I understand that as a contractor, the earnings that will be assessed are the profits I earn before tax. I was wondering by profits does that mean income minus expenses?

Many thanks for your advice!