HI WISH YOU ALL FINE,
I BOUGHT A COMPANY BY TRANSFERRING £120 FROM MY PERSONAL ACCOUNT TO THE BUSINESS ACCOUNT, THEN BECOME THE DIRECTOR AND GOT 70% SHEAR. THIS £120 BEEN TRANSFERRED FROM THE BUSINESS ACCOUNT TO THE PREVIOUS SHEAR HOLDER.
IN THE GAUDINESS POINT IT SAY
(Invested or spent by the applicant’s business excludes spending on all of the following
buying the business from a previous owner, where the money ultimately goes to that previous owner (irrespective of whether it is received or held directly or indirectly by that previous owner) rather then into the business being purchased. This applies regardless of whether the money is channelled through the business en route to the previous owner, for example by means of the applicant or business purchasing ‘goodwill’ or other assets which were previously part of the business,)
I HAVE SEEN THIS AFTER MADE THE TRANSACTION MY VISA VALID TILL 15/08/2017. NEED HELP , APPRECIATE YOUR ADVICE.
MOHAMMED
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