Sole trader

[david justin]

Hello all,
I got my tier 1 enterprenuer visa after july 2014. Am due for extension this nov. I registered as a sole trader and my office rent has been paid from my personal account monthly. Would this be counted as investment?

[david justin]

Hello All,
any one applying for an extension as a sole proprietor/trader.
My question is, other than unaudited accounts showing the investment what other documents are required?
Do we have to submit all three year business accounts as well?

[zimba]

Hello all,
I got my tier 1 enterprenuer visa after july 2014. Am due for extension this nov. I registered as a sole trader and my office rent has been paid from my personal account monthly. Would this be counted as investment?

Yes, Sole traders are not required to have a business account.

Hello All,
any one applying for an extension as a sole proprietor/trader.
My question is, other than unaudited accounts showing the investment what other documents are required?
Do we have to submit all three year business accounts as well?

Read the guide

[KAKA-MAG]

Hello all,
I got my tier 1 enterprenuer visa after july 2014. Am due for extension this nov. I registered as a sole trader and my office rent has been paid from my personal account monthly. Would this be counted as investment?

Just ask a simple question to yourself , is this business expenses or not ? .If the Answer is yes. Why would you not be consider this as investments. Sole trader can use personal account for trading.

[david justin]

Thank you very much.
I would also like to ask another question.
The business am doing gets its stock from african countries.
How do i prove this as an investment.
I pay my suppliers using the countries currency and most times u travel to get them.
Thank you once again.

[seasky]

I am not knowledgeable about sole trader. How did you employ people and pay their salaries?

[Casa]

I am not knowledgeable about sole trader. How did you employ people and pay their salaries?

Where has the OP said that he has employees?

[seasky]

I am not knowledgeable about sole trader. How did you employ people and pay their salaries?

Where has the OP said that he has employees?

Well he is extending as a t1e

[david justin]

I have 3 employees and i pay them through my business account.
I was only asking how i can prove my investment since all my stock are bought from african countries because its a businesa that deals in african wares.
Thank you