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Sorry to hear that, i think you should seek professional help as this is the first refusal we have seen on this forum. If the refusal is legally correct then i am afraid they should clearly state that buying existing business is not allowed on this visa.zakria123 wrote:15 views .....no reply
can any body suggest why they donot count lease money as investment,,,,,?
By professional advice i meant immigration lawyer.zakria123 wrote:Buying existing business is not allowed.
I seek professional advise from Chartered accountant, he says lease will consider as intangible asset including paying for brand name, stock, inventory, fixture and fitting.
Is it allowed under 245DBF of immigration rule.
Kindly reply
Please do not mix HMRC and Chartered Accountant's advice with the immigration rules, for that you need immigration advice from some one who knows the immigration rules.zakria123 wrote:It seems not allowed or not allowed by UKVI.
Because my friend applied with me at same time, same day interview, same day submission and collection of documents passport.
His application is approved, with same but similar type of business plan. if lease investment is not accepted. than why his lease investment is accepted.
Furthermore i checked at HMRC website, they also accept lease investment.
http://www.hmrc.gov.uk/manuals/pimmanual/pim1202.htm