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by rpsarangi
Sat Sep 08, 2012 10:44 pm
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

Any views by gurus or senior members or who have already applied under sole trader in tier 1 general on this matter~
by rpsarangi
Fri Sep 07, 2012 10:34 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

Hi thanks for reply . My doubt from the example is 3k is that the tax calculated by accountant for the period claimed October 11- September 12 . ??? If that's the case what about the tax which is filed for April 11-April 12, as it covers some period October11- April 12..?? Or the tax to be taken off...
by rpsarangi
Fri Sep 07, 2012 12:50 am
Forum: UK Tier 1 (General) Visas
Topic: Tier 1 Extn -Employed/SelfEmployed - Solihull experience.
Replies: 1
Views: 619

When did you get the call and when is the appointment ?
by rpsarangi
Fri Sep 07, 2012 12:48 am
Forum: UK Tier 1 (General) Visas
Topic: Tier 1 visa extension - maintenance funds in Business accoun
Replies: 15
Views: 3316

When personal current account is used for business .. You could use that for showing maintance of fund as mentioned by gaurav .. But business accounts is a risk .
by rpsarangi
Fri Sep 07, 2012 12:46 am
Forum: UK Tier 1 (General) Visas
Topic: Tier 1 Maintenance Fund
Replies: 3
Views: 527

Joint account will do but only dependent name in the account is not accepted by HO
by rpsarangi
Fri Sep 07, 2012 12:38 am
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

Hi buddy So your account told that Net=Gross-(expenditure+ tax) Can you please tell me what he meant by tax , tax for the claimed period or the tax which is already filed . For example : the tax period for april 11-April 13 for HMRC is suppose tax 1. The claimed period for visa extension is October ...
by rpsarangi
Wed Sep 05, 2012 11:29 pm
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

by rpsarangi
Wed Sep 05, 2012 11:28 pm
Forum: UK Tier 1 (General) Visas
Topic: NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)
Replies: 80
Views: 14423

I asked the same question in different way and hope that you hav read that and my understanding from replies of members say :

Net income =gross- expenditure , for the period claimed ..

The tax will be filed in April and that's doesn't count towards giving the net ..
by rpsarangi
Wed Sep 05, 2012 10:58 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

I just came up with the doubt after reading certain paragraph of the guidelines.. I am sorry if the doubt is silly .. thanks for the reply.
by rpsarangi
Wed Sep 05, 2012 10:25 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

Thanks silverline So accountant will have to take out one the expenses from gross to give the net figure to UKBA.. Is that right? Within the period claimed . What about the tax which is there for 2011-12 as I am going to file that next week ..will that come under expenses or it's just the gross figu...
by rpsarangi
Wed Sep 05, 2012 10:19 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

Thanks scorpio , I am not annoyed at all with your question .., Thanks vikasbirla ... So are you answering my 1st part of the question or the 2nd part .. To my understanding you are answering my 1st part ... That my accountant have to take out my expenditure and tax which is already paid for the las...
by rpsarangi
Wed Sep 05, 2012 8:44 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

I have already replied to your question . I am a Sole trader and my customers are companies and individuals. Any views on my question that I asked according to your understanding...Now days I dont see many Gurus or experts or moderators replying as they have more experience than us and have a better...
by rpsarangi
Wed Sep 05, 2012 8:36 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

my customers are companies and individual persons.
what about your customers and do you operate in limited company structure or as sole trader.
by rpsarangi
Wed Sep 05, 2012 8:27 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

i m sole trader
by rpsarangi
Wed Sep 05, 2012 8:17 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

thanks scorpio for the reply..i have rephrased my question for better understanding of the members ...lets wait for the reply.
by rpsarangi
Wed Sep 05, 2012 1:15 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

any suggestion please.. this doubt has come after reading the guideliness point no.93 of UKBA which says 'If an applicant is self-employed and has chosen to retain the profits within the business ,his /her earning is limited to the share of the business net profit to which he/she is entitled to. The...
by rpsarangi
Wed Sep 05, 2012 12:21 pm
Forum: UK Tier 1 (General) Visas
Topic: Tax filing by accountant and Tier 1 extension( Important )
Replies: 17
Views: 1765

Tax filing by accountant and Tier 1 extension( Important )

I am really stressed after reading a paragraph which have forced me to ask this question to members . I am going to ask that with an example for better understanding of my point . Its in 2 parts which are linked. For example.. My gross income from self employment (sole trader) for 2011-12( till apri...
by rpsarangi
Wed Sep 05, 2012 12:12 pm
Forum: UK Tier 1 (General) Visas
Topic: Payments at Croydon PEO by VISA debit card?
Replies: 3
Views: 833

they do accept visa debit card but make sure to call you bank and let them know that you are going to make a transaction of that amount on the particular day so that they dont block that ..
by rpsarangi
Wed Sep 05, 2012 12:10 pm
Forum: UK Tier 1 (General) Visas
Topic: PEO appointment
Replies: 1
Views: 482

all depends on whom you approaching.. how much they are asking to book an appointment?
by rpsarangi
Wed Sep 05, 2012 12:09 pm
Forum: UK Tier 1 (General) Visas
Topic: Can we appky at PEO 1 day after Visa expiry
Replies: 3
Views: 788

I would advise you to post if you are not getting PEO appointment before the expiry. Dont go for extension after the expiry date as that will be classed as over styed application . Be careful in that.
by rpsarangi
Wed Sep 05, 2012 12:04 pm
Forum: UK Tier 1 (General) Visas
Topic: PEO appointment for dependents
Replies: 4
Views: 707

yes gaurav is right..
you can request them at entry and explain the situation .. chances are that they will allow all of you together but it all depends on the person in the gate.

i would suggest to be prepared for both situation
by rpsarangi
Wed Aug 29, 2012 10:50 pm
Forum: General UK Immigration forum
Topic: PEO booking
Replies: 15
Views: 3233

It happens most of the time .. Even when you cancel and rebook it doesn't show in the my account page .. The only thing is that to call them and ask them that the booking is active and ok and go to the PEO with the printout of the email .. But you need to call them to confirm that the booking is act...
by rpsarangi
Wed Aug 29, 2012 10:47 pm
Forum: General UK Immigration forum
Topic: Inquiry about the PEO offices for Selfemployment application
Replies: 13
Views: 2083

Hi Immanuel Thanks for the reply .. No its in 2nd week of October .. And I have rescheduled it to Croydon as suggested by members .. You are not able to book november as the booking for 1st week of November haven't started yet .. You still have at lest 15 days time to book dates for 1st week of Nove...
by rpsarangi
Wed Aug 29, 2012 1:02 am
Forum: General UK Immigration forum
Topic: PEO booking
Replies: 15
Views: 3233

Which PEO and what time did you get?
by rpsarangi
Mon Aug 27, 2012 11:59 pm
Forum: UK Tier 1 (General) Visas
Topic: do we really need accountant for Self Employed?
Replies: 9
Views: 928

documents seems ok.. you pay NI by direct debit every month or 6 months when HMRc send you the bill.