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by rpsarangi
Sat Sep 22, 2012 12:30 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

@sushdmehta
thanks for prompt replies... thanks a lot..
Just one question ,,, is is wrong to include both the figures in the accountant letter?

it will be like NET( after expenditure) and NET ( after Tax and Expenditure) in the letters.
thanks
by rpsarangi
Sat Sep 22, 2012 12:27 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

yes silverline had answered to the query .. but I am confused what the point 93 means from policy guidance as that have been added compared to the policy guidance of 2010. as mentioned sole trader doesn't fall under 92 nor under 93 of the guidance.. so trying to get an answer if somebody could help ...
by rpsarangi
Fri Sep 21, 2012 11:06 pm
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

The link to the page: http://www.ukba.homeoffice.gov.uk/policyandlaw/immigrationlaw/immigrationrules/appendixa/ I am copying the point as follows:which is the point no 25 in appendix A. 25. Where the earnings are the profits of a business derived through self-employment or other business activities:...
by rpsarangi
Fri Sep 21, 2012 11:30 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

The confusion have arisen on this net profit because when we see the PDF point 92 and 93 we don't understand why point 93 is there unlike the last last PDF of September 2010.. And the sole trader doesn't retain profit in business.. And point 93 is not clear in broad terms. Further more when we go to...
by rpsarangi
Fri Sep 21, 2012 11:08 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

@sushdmehta Thanks for the reply .. One more thing I want to ask , if he letter from account will have both the things mentioned that is net before tax and net after tax .. Will that document be ok and case worker can take what ever figure he things ok or will he reject the document telling inaccura...
by rpsarangi
Fri Sep 21, 2012 10:53 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

@sushdmehta
Could you please share your views on my question ?
There is 2 things I wanted to ask as seen above ..
Please reply
Thanks
by rpsarangi
Fri Sep 21, 2012 10:45 am
Forum: UK Tier 1 (General) Visas
Topic: Tier 1 General refused..is HO wrong ?need help n advice plz
Replies: 13
Views: 3745

Any body having understanding what the caseworker meant and why ?
Please share so that its helpful while making docs
by rpsarangi
Fri Sep 21, 2012 10:41 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

Only views no replies ..
by rpsarangi
Fri Sep 21, 2012 1:59 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

I totally appreciate the information shared by shahmir but, One more point I want to make. In the PDF guidance UKBA have described the self employment under point 92 and 93. As said if the you draw salary from your self employment they will consider the net income which is after expenditure .. fair ...
by rpsarangi
Fri Sep 21, 2012 1:49 am
Forum: UK Tier 1 (General) Visas
Topic: Case worker consideration
Replies: 1
Views: 578

Case worker consideration

I am presenting a case , please if any body have some experience or views Being a sole trader self employment.. if my account letter says both my net income 1 after expenditure and net income2 after expenditure and tax in the letters .. and the case worker thinks that he should consider the net inco...
by rpsarangi
Fri Sep 21, 2012 1:41 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

I am puzzled after reading another post from one of member

http://www.immigrationboards.com/viewto ... 629f6f1f00

could anybody please comment what the case worker means??

thanks all..
by rpsarangi
Fri Sep 21, 2012 1:20 am
Forum: UK Tier 1 (General) Visas
Topic: TIER 1 G extension - self-employed
Replies: 8
Views: 2098

Did the get the NI bill now?? the Bill that was generated in April?
by rpsarangi
Fri Sep 14, 2012 10:42 pm
Forum: UK Tier 1 (General) Visas
Topic: TIER 1 GENERAL EXTENSION - Alternate document for NI class2
Replies: 4
Views: 951

When is your extension? If you are after november , you might be ok..Please let me know if you find any other solutions as my friend is in same situation and it might help him..
by rpsarangi
Fri Sep 14, 2012 10:40 pm
Forum: UK Tier 1 (General) Visas
Topic: Age-2nd extension TIER 1
Replies: 8
Views: 1134

You get exactly the same point as of the initial application/..
by rpsarangi
Fri Sep 14, 2012 10:41 am
Forum: UK Tier 1 (General) Visas
Topic: Profit/loss stetement Vs Income/expenditure of account
Replies: 4
Views: 674

Does the paragraphs say about what docs you need to apply ??
by rpsarangi
Fri Sep 14, 2012 10:25 am
Forum: UK Tier 1 (General) Visas
Topic: Profit/loss stetement Vs Income/expenditure of account
Replies: 4
Views: 674

Thanks for the reply , my initial application document is income and expenditure of account as well .. But is confused after reading the point from the guidance as mentioned .. When was your xtension ??
by rpsarangi
Fri Sep 14, 2012 10:22 am
Forum: UK Tier 1 (General) Visas
Topic: TIER 1 G extension - self-employed
Replies: 8
Views: 2098

It all depends on letter handed given by the case worker .. If given an appeal and you choose to then you could go n appeal..

But if you still have period of stay in your visa , you could always reapply .
by rpsarangi
Fri Sep 14, 2012 1:29 am
Forum: UK Tier 1 (General) Visas
Topic: TIER 1 GENERAL EXTENSION - Alternate document for NI class2
Replies: 4
Views: 951

When exactly is your extension Due?
One of my friend is in same situation , so your solution might help him as well. His extension is in 1st week of November .
by rpsarangi
Fri Sep 14, 2012 1:27 am
Forum: UK Tier 1 (General) Visas
Topic: Profit/loss stetement Vs Income/expenditure of account
Replies: 4
Views: 674

Profit/loss stetement Vs Income/expenditure of account

When a person is a self employed ( sole trader) , should the accountant make a profit and loss accountant or Income and expenditure of accounts ?? According to the PDF guidance it says ' income and expenditure of account if the organization is not trading for profit'.. so the self employment is trad...
by rpsarangi
Wed Sep 12, 2012 10:59 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

Thanks shahmir..
great work...
by rpsarangi
Wed Sep 12, 2012 12:27 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

Yes Scorpio_besal is right, the policy guidance has changed since 2010 and we are confused after reading the point 92 and 93.. so we are looking for somebody who have applied recently after 10th august 2012. or any expert who could comment in that field and on that those two points 92 and 93 of the ...
by rpsarangi
Tue Sep 11, 2012 8:15 pm
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

@ursamyan I do certainly agree on the point you mentioned. My accountant also gave me the same letter last time (Gross-Expenditure = net profit . ) My confusion is that they have mentioned point 92 and 93 to specify the self-employment category and how they are going to consider the income. If you a...
by rpsarangi
Tue Sep 11, 2012 2:47 pm
Forum: UK Tier 1 (General) Visas
Topic: TIER 1 Dependent Metinance proof
Replies: 4
Views: 597

The meaning of the word dependent is that she is dependent on you. So you will have to show dependent maintenance . You need to show your and dependent maintenance of funds.
by rpsarangi
Tue Sep 11, 2012 1:24 am
Forum: UK Tier 1 (General) Visas
Topic: TIER 1 Dependent Metinance proof
Replies: 4
Views: 597

your question is a bit confusing...
If you and your applicant are applying for PEO on the same day then why do you need 2 applications??
by rpsarangi
Tue Sep 11, 2012 1:16 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

@URSAMYN I dont understand your point.. So for self employed (sole trader) what category they fall into? And how do you think they will be accsed for the NET income? @SPATACUS I was not able to follow your explanation , If the applicant is going for extension in October , then TAX 1is necessary to i...