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As long as you show that you invested £77k in your business. Your Director's loan agreement and business bank statements must confirm this very clearly. Net investment to your business must be at least 50K and that is excluding what HO does not consider (e.g Director's remuneration, purchase from previous owner, property, etc)Business2business wrote:Hello fellows
I want to confirm that our team have transfered £50000 to our business account dated May 2013 from directors personal
Bank account. we took about £26600 director remuneration monthly wages in last two years. Fortunaely we transferred £27000 from joint account of (both directors)in five transaction since 2015.
Is this will be an issue for us.
Regards
Ik
Business2business wrote:FKS21177
it means that the actual investment fund requirement is 50000 which is the most important requirement. so if we successfully transferred that fund to our business account but UKVI saying in the guidance that Director remuneration is excluding from business investment.so we can concluded the following table which was advised by my Accountant.
Actual Investment transferred. 50000 to business account
Director remuneration. 26600 which was transferred from business account
we need to put those director remuneration (26600) back to the company business account because we need to prepared Director loan Agreement.
note we need to do this process if our turnover is more the 50000.
regards
ik
This means you have to enter the periods with different pay rates in the employment table on the form as if these periods were separate employments. No documentary evidence is required according to the rules as payslips and FPS reports generally do not have hourly rate on them. You can get a certificate from your accountant if you wish to confirm the rates.Business2business wrote:Hi Zimba88, fpz83, all user,
Is this an issue from extension
171. You must also provide any changes to the worker’s hourly rate and the dates of this change. This enables the hours worked to be accurately calculated by dividing the earnings by the hourly rate'.
This is from guidance
How can someone proof the employee pay rate is increased in HMRC document I can only see that pay slips can show but at my RTIs FPS it is not showing any increase of pay rate only total wages is increase.
Please share your thoughts
Regards
Ik
ThanksBusiness2business wrote:Jafersadeq
1 ukvi self assessment summary will be find at home office ukvi website for point calculation for your visa.
2 HMRC online real time information printout I
Have HMRC login and used sniping tool to
Print out from HMRC website. Which look so genuine
Regards
Ik