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T1 JOB Creation salary BAC or Cash

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2

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Evicra
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Location: west London
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T1 JOB Creation salary BAC or Cash

Post by Evicra » Fri Jan 06, 2017 6:49 pm

hi
one of my employee left in nov 2016 .hi payslip was produced and taxes,NI paid. but i paid him NET PAy in cash instead of BAC.

is there any problem or its ok? "any contribution is not irrelevant" Thank you

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zimba
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Joined: Mon Aug 11, 2014 6:13 pm
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Re: T1 JOB Creation salary BAC or Cash

Post by zimba » Fri Jan 06, 2017 7:42 pm

Yes, you can pay cash as long as such pay was declared to HMRC and proper taxes were paid
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

Evicra
Member of Standing
Posts: 299
Joined: Sun Jan 01, 2017 9:03 pm
Location: west London
Contact:
Pakistan

Re: T1 JOB Creation salary BAC or Cash

Post by Evicra » Fri Jan 06, 2017 9:05 pm

Thank you Zimba the Great

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