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by babaty2k02
Fri Sep 02, 2016 1:11 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Financial projections (business plan)
Replies: 6
Views: 427
Nigeria

Re: Financial projections (business plan)

Ali272 wrote:Hi.

How many years of financial projections do I need in my business plan? 3 or 5 years?

Thanks.
That will depend on you. If you like, it could be 10 years
by babaty2k02
Fri Sep 02, 2016 9:25 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: HO refused my tier 1 app without any valid reason
Replies: 32
Views: 2051
Nigeria

Re: HO refused my tier 1 app without any valid reason

I want to add more. None of my employee has worked more than 120 hours a month. Hmmm, I'm just thinkig the HO might be right in the calculation of the number of hours. You need to try and look into your payslips per employee and individually count them month by month to get the total FULL TIME HOUR...
by babaty2k02
Thu Sep 01, 2016 8:33 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Application receipt on a Saturday
Replies: 2
Views: 265
Nigeria

Re: Application receipt on a Saturday

Hi guys, please help, my visa expires this Sunday. I am sending Application/ documents tomorrow (Friday), will it be received be on a Saturday as its not a working day for HO? Do they count the date posted or date of collection? if its the date posted, how will they know that I have send applicatio...
by babaty2k02
Thu Sep 01, 2016 8:12 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Jobs creation for pre-April 2014
Replies: 6
Views: 447
Nigeria

Re: Jobs creation for pre-April 2014

In relation to the above topic, I just wanted to make sure I am on the right path. On the whole I have 6 employees; 5 part times, 1 full time: 1.Part time Jan 2015 - May 2016 (Account Manager) 2 Part Time Feb 2015 - August 2015 (Developer) 3. Full Time May 2015 - July 2016 (Office Administrator) 4 P...
by babaty2k02
Thu Sep 01, 2016 8:01 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: HO refused my tier 1 app without any valid reason
Replies: 32
Views: 2051
Nigeria

Re: HO refused my tier 1 app without any valid reason

@babaty2k02 I understand the requirement is to show £50K DLA but in my case I have already shown £34K and it's approved by HO in my initial application. My accountant has shown all investment and detailed breakdown and I also included all evidence. ...did you show DLA in your initial application? N...
by babaty2k02
Thu Sep 01, 2016 9:48 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: HO refused my tier 1 app without any valid reason
Replies: 32
Views: 2051
Nigeria

Re: HO refused my tier 1 app without any valid reason

Zimba here is my case info. My tier 1 ext is refused on 12th August for no valid reason. I am on £50K route. Refusal reasons: 1. Did not invest £50K in my business 2. Did not create two full time equivalent jobs My initial application was bit tricky. I was granted visa on the basis of £34K already ...
by babaty2k02
Tue Aug 30, 2016 6:29 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: IHS Refund / Tier1 Ent to ILR
Replies: 2
Views: 395
Nigeria

Re: IHS Refund / Tier1 Ent to ILR

I guess you paid for two years you got on your visa before your ILR. I guess you will not be able to ask for a refund but I might be wrong. Contact UKVI helpline ...all applicants that got refund of IHS paid £600 ( £200 x 3 yrs), with a refund of £200. So if he paid £400 (£200 x 2 yrs), no refund s...
by babaty2k02
Tue Aug 30, 2016 6:17 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director Loan Agreement- Witness sign
Replies: 2
Views: 320
Nigeria

Re: Director Loan Agreement- Witness sign

Hi All... Just wanted to ask if a solicitor is signing a director Loan agreement as a witness, what date is he suppose to sign it? the date when agreement was done b/w director & Company or the current date before applying for extension. I made agreement in 2013 but not signed from witness. can...
by babaty2k02
Sat Aug 27, 2016 6:35 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier1 entrepreneur visa extension has been refused- Help plz
Replies: 24
Views: 4076
Nigeria

Re: Tier1 entrepreneur visa extension has been refused- Help

Dear All, I had a meeting with my accountant this morning, he assured me Sol Proprietor accounts has been prepared according to a UK acceptable framework and home office must accept it. Every page of financial statements state My name XYAZ trading as ABC Services. IN sole trader accounts, there is ...
by babaty2k02
Tue Aug 23, 2016 11:14 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Directors loan in annual account
Replies: 10
Views: 553
Nigeria

Re: Directors loan in annual account

Under other creditor section your accountant need to make director loan subsection Thank you for your response. Please I still need specific clarificatiions. In the accounts, there are two lines for CREDITORS: 1. Creditors: Amount falling due within one year 2. Creditors: Amount falling due after o...
by babaty2k02
Mon Aug 22, 2016 1:02 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: NQF level 4
Replies: 17
Views: 1134
Nigeria

Re: NQF level 4

It is worth noting that table 4 of Appendix A is what applies to New Tier 1 E applicant. Table 5 Is what applies to extention for holder of Tier 1 E. Therefore if the lawyers had focused their minds on those facts, it would have been clear to them that the NQF level 4 requirement was inapplicable t...
by babaty2k02
Mon Aug 22, 2016 12:46 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Entrepreneur Extension Received Successfully
Replies: 18
Views: 1572
Nigeria

Re: Tier 1 Entrepreneur Extension Received Successfully

ukbusiness2016 wrote:
Business2business wrote:Congratulation
What documents you submitted
Thanks
Whatever the policy guidance states, nothing over and above.
Could you be kind enough to list the documents. Thank you
by babaty2k02
Mon Aug 22, 2016 12:45 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: URGENT- Got a CALL- STOPPED at the AIRPORT
Replies: 15
Views: 1341
Nigeria

Re: URGENT- Got a CALL- STOPPED at the AIRPORT

They have no right to ask her question about another individuals business, when she is not a partner of that business. That is an outrageous abuse of power. They are simply boyfriend and girlfriend. How is she expected to know about the running of his business. She was right to stand her ground in ...
by babaty2k02
Mon Aug 22, 2016 12:11 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 Entrepreneur Extension Received Successfully
Replies: 18
Views: 1572
Nigeria

Re: Tier 1 Entrepreneur Extension Received Successfully

ukbusiness2016 wrote:Visa Received:

Hi All,

I just received my Tier 1 entrepreneur visa extension.

My timeline:

Applied: June 27, 2016
Biometrics: July 12, 2016
Approval Letter Date: August 17, 2016
Letter Received along with all documents: August 22, 2016
Wow. Congratulations. Any interview?
by babaty2k02
Mon Aug 22, 2016 11:54 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: NQF level 4
Replies: 17
Views: 1134
Nigeria

Re: NQF level 4

Obie wrote:There is nothing that prevent the retail company from being use, unless it is black listed somehow, or has directors who have been blacklisted by company house .

Exactly my view, and if not then I don't know what or why the lawyers are advising otherwise
by babaty2k02
Mon Aug 22, 2016 11:45 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Directors loan in annual account
Replies: 10
Views: 553
Nigeria

Re: Directors loan in annual account

Under other creditor section your accountant need to make director loan subsection Thank you for your response. Please I still need specific clarificatiions. In the accounts, there are two lines for CREDITORS: 1. Creditors: Amount falling due within one year 2. Creditors: Amount falling due after o...
by babaty2k02
Mon Aug 22, 2016 10:44 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: NQF level 4
Replies: 17
Views: 1134
Nigeria

Re: NQF level 4

Is that anyone extended visa with retail if their first visa with PSW 50K ?? Gurus help needed I had my ENterpreneur visa with 50K . I did investment and all requirement but not strong as my second company. the second company is with 300K sales and VAT Registered business but everyone said I can't ...
by babaty2k02
Sun Aug 21, 2016 6:08 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: NQF level 4
Replies: 17
Views: 1134
Nigeria

Re: NQF level 4

YES u can invest money to any other business and claim point whatever it is lower or upper level. NQF level does not matter after u getting ur initial E visa(50k). Lot of members r confused here about this tropic. Its not my opinion, export got the prove and evidence. Last week i been to one of the...
by babaty2k02
Sun Aug 21, 2016 10:55 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Directors loan in annual account
Replies: 10
Views: 553
Nigeria

Re: Directors loan in annual account

Business2business wrote:Till your accountant to put your name under director
Loan section otherwise ukvi will not accepted investment points
Regards
Ik
Thanks for the response.

Is it in the NOTES of Director's loan Accounts or In the Director's loan section of the main account?
by babaty2k02
Sun Aug 21, 2016 1:15 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Directors loan in annual account
Replies: 10
Views: 553
Nigeria

Directors loan in annual account

Good day guys. Could someone please help clarify how the Director Loan item should appear in the account under Notes. Is it just 1. Director's Loan £xx,xxx, Or 2. Director's Loan for Mr XYZ (My Name) £xx,xxx I have asked my accountant and he said we cannot show the name alongside Director's Loan Acc...
by babaty2k02
Mon Aug 15, 2016 10:06 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: CMI Membership
Replies: 5
Views: 256
Nigeria

Re: CMI Membership

ishfaqsangra wrote:Its professional membership with UK trade body linked to the organisation
Its still there under business activity section.

You can use it.
by babaty2k02
Mon Aug 15, 2016 11:19 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: job creationfor europeen national
Replies: 14
Views: 904
Nigeria

Re: Tier 1 en 50k investment advice

zimba88 wrote:
lema9994 wrote:Thanks very much for your reply me back.. One more thing could I need to Director loan arrgrement with all transaction ?? If you could define me as well ..???
No. One agreement is enough to cover all transactions

....and just make sure all required featured in the DL Agreement
by babaty2k02
Sun Aug 14, 2016 8:29 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Anyone got visa after successful interview
Replies: 6
Views: 395
Nigeria

Re: Anyone got visa after successful interview

Yes Could you kindly share the questions asked during the interview. Thats the normal practice on the forum....but its not compulsory. \but your sharing it might help someone. There are other topics for such questions. If 'questions' are added here the post will become a confused jumble. This topic...
by babaty2k02
Sun Aug 14, 2016 6:05 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Anyone got visa after successful interview
Replies: 6
Views: 395
Nigeria

Re: Anyone got visa after successful interview

Ali raza4200 wrote:Yes

Could you kindly share the questions asked during the interview. Thats the normal practice on the forum....but its not compulsory. \but your sharing it might help someone.
by babaty2k02
Sun Aug 14, 2016 6:02 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: My Business Partner got ILR & I have to go for extension
Replies: 5
Views: 417
Nigeria

Re: My Business Partner got ILR & I have to go for extension

ALIKHAN13 wrote:We have invested £50,000.
So in either case can I claim all £50,000 investment or not?

You're a team. I think yes And thats the more reason he should not resign....