table 3b1 evidence of Investment

[reme]

Hello Senior Member's

I am going to apply my T1 entrepreneur extension tomorrow.

I have couple of questions would appreciate if you guys reply on this.

1) In table 3b1 what should I mention

a) I have invested 55800 as a director loan shall I mention just that ?
or
b) shall mention three investments in form of director loan as per accounts ?
or
c) personal to business transaction which are 13 in total ?



2) C.A.R normally comes with filling History or is it different from C.A.R..?

Many Thanks in Advance

[babaty2k02]

Hello Senior Member's

I am going to apply my T1 entrepreneur extension tomorrow.

I have couple of questions would appreciate if you guys reply on this.

1) In table 3b1 what should I mention

a) I have invested 55800 as a director loan shall I mention just that ?
or
b) shall mention three investments in form of director loan as per accounts ?
or
c) personal to business transaction which are 13 in total ?



2) C.A.R normally comes with filling History or is it different from C.A.R..?

Many Thanks in Advance

1) Fill the amount invested at the end of each financial year, hence you'll have at least 3 rows for Yrs 1, 2 & 3 all ccumulating to £55800

2) Yes, comes with Filling History

[jafersadeq]

1) Fill the amount invested at the end of each financial year, hence you'll have at least 3 rows for Yrs 1, 2 & 3 all ccumulating to £55800

2) Yes, comes with Filling History

If he fill his investment for every year, how can he write the date of investment, legal agreement and business account cells.
I think he has to write each transaction with its date.. better than mixing many numbers.. this if he prepared a legal agreement for each transaction.. if he mixed all in one or two agreements, he has to recognise the investment date. Remember, date of investment is the date of transaction in business account.
Thanks,

[babaty2k02]

1) Fill the amount invested at the end of each financial year, hence you'll have at least 3 rows for Yrs 1, 2 & 3 all ccumulating to £55800

2) Yes, comes with Filling History

If he fill his investment for every year, how can he write the date of investment, legal agreement and business account cells.
I think he has to write each transaction with its date.. better than mixing many numbers.. this if he prepared a legal agreement for each transaction.. if he mixed all in one or two agreements, he has to recognise the investment date. Remember, date of investment is the date of transaction in business account.
Thanks,

The Date of Investment will be the date the Account is Signed, for each respective year.

[reme]

Many Thanks..

Still bit confused ...

I have to attach three sheets for 12 transactions.

I couldn't find in the guidance as well

Should I go ahead with three a per accounts or with transaction date.

Many Thanks

[samaygrg]

Many Thanks..

Still bit confused ...

I have to attach three sheets for 12 transactions.

I couldn't find in the guidance as well

Should I go ahead with three a per accounts or with transaction date.

Many Thanks

I think we can add the copy of that page as required to fit our numbers of transactions... I had 10 transactions of different dates, so I required 2 pages... and have inserted that in the application.

[reme]

I did That

Many Thanks for the advise