Hello friends, I would like to thank you all for helping those who have less knowledge and resources about UK Visas and immigration! I applied for my Tier 1 (General) Visa application on 1st december 2010 but came to UK in 3rd week of November 2011. I had the job in the 2nd week of my arrival. Now,...

I would strongly recommend that you ask your account to mention his registration number in the letter.

Rajesh, How much did you pay in total for the services which they had provided you in terms of getting the papers like balance sheet,p and l,invoice summary,letter etc.

Are you paying them monthly, annually or one off for all that??

there should not be any problem if you show all the paper work according to UKBA guidelines,for those 2 LTD companies through your accountant.

if it does not ask for it then dont..

non-payment of Council Tax is a civil offence and not a criminal offence

If your payslips are original and are on the company's letter head then no, if they are online printout then yes. if you need to double check it, read the ukba policy guide lines.

So I believe , I just have to wait until next year to submit the tax due to HMRC. Regarding the extension, would I need to ask my accountant include my due amount to HMRC in the letter , which includes class 4 and income tax amount. Or is it understood by UKBA, when my accountant would show the net ...

I am employed and self employed. I submitted the following documents-- A. EMPLOYMENT 1. Letter of employment 2. Salary slip with covering letter from HR for one year 3. Bank statements highlighting my salary B. SELF EMPLOYMENT [SOLE TRADER] 1. Letter of contract 2. Letter from the Company clearly i...

yes , you can show multiple sources income, in your case 100% + 75% dividends from 2 LTD companies, and earnings from employment.

Read the ukba guidelines for more information in terms of the documents you will need.

It could vary from one accountant to the other. The fees could range any where from 150 - 500.

Thank you so much Gaurav, you have been extremely helpful Gaurav. I called up the HMRC, spoke to two different people, in the HMRC Self Assessment Payment Line, to pay my income tax on my self employed income from 06 april 2012 until today, they said, that I dont owe them anything as per my UTR stat...

Thanks Gaurav, When you say TAX , are you refering to my employment income or self employment income as sole trader , if its the later then , If I am not wrong, I can only pay the tax after 06 of April 2013 as a sole trader Is there any way of paying the tax before that. And I believe that the class...

Thank you Gaurav for your quick response. I would be applying for extension in Feb 2013, I would be claiming the points for the period , May 2012 to Feb 2013 for my earnings as sole trader. I believe the return needs to be filled after 06 April 2013. Do when, I would be going for the extention, do I...

Thank you Gaurav, I thought over this, I am now sure that I would stay as Sole Trader for the time being, after getting my extension approved then only I would think about changing it to a LTD Company. Gaurav, If I am operation as Sole trader, I earn say about 16K, on that amount I am assuming with ...

Thanks buddy..

It is advisable that you have it signed and stamped.

Thanks again Gaurav, my understanding after reading above mention post was that on your dividends , if I have LTD company, I dont have to pay NI on Dividends. I would only have to pay 10% tax on dividends but that would be credited back as its not more than 35K. And the since I wish not to draw any ...

Wish you all the very best Papu.Sarkari, Hope your visa gets approved.

If possible ,once you get your visa, please do share your experience.

Thanks for your reply, I would check with my accountant tomorrow. As far as UKBA is concerned, if I show them my over all earning from LTD company using NET DIVIDEND ONLY WITHOUT ANY SALARY BEING DRAWN, say about 16K from Aug 2012 till Feb 2013, would that be OK. And the rest of the earning from my ...

Thanks Gaurav, If I dont draw any salary but just take dividend then I would only be paying the 20% Co-operation tax and then 10% tax on dividend ( which would be credited back). So this way, I would be only paying 20% of 16K (net profit). Is that correct.?

Presently I am EMPLOYED and from my employment I am receiving 21K yearly and I would be continuing with it. Along with my EMPLOYMENT, If I start a LTD company with an estimated earning of about 16K yearly, and if I draw salary of about 6K from my business,would it be subject to tax as through my emp...

But I read some where that the actual rate of tax you pay in dividends will be lower than these headline rates, as dividends automatically receive a 10% tax credit. This takes into account the fact that you will already have paid corporation tax on your company profits. So, for lower rate taxpayers,...

Gaurav, I just have one doubt, hope you would be able to help me with this. Presently I am working , and from my employment I am receiving 21K yearly and I would be continuing with it. If I start a LTD company with an estimated earning of about 16K, and if I draw salary of about 6K from my business,...

Question 3:- IMHO dont have any idea.