Hello Forum members,
I have query regarding: is Profit/Loss statement mandatory for Limited Comp director when applying for ILR?
I am a salaried employee (IT contractor) operating through my own limited company, I am a director and 100% shareholder of the company.
My ILR is due in May-2014, therefore I am requesting my accountant to send the necessary documentation as early as possible.
My Earnings are: Salary + Dividends
Earning Period: 01/04/2013 - 31/03/2014
My earning period in last 12 months fall under 2 different financial years of the company (comp financial yr 01/09 - 31/08). After the end of last financial yr my accountant has sent me profit/loss report.
Do I need to request another profit/loss report for the last 7 months or 12 months? My accountant said that they will provide me interim account statement for the last 7 months, is that suffice? I am just confused how this can be sorted.
I can get 12 months salary slips, quarterly dividend vouchers, accountant letter, last 12 months invoice summary etc.
Many Thanks
Santu
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