Accountant for Self Employed - LTR

[sophielbw91]

Should I be using an accountant for every year that I hand in my tax return, or can I just use an accountant for the final year before I hand in?

Would rather not use one every year.

Many thanks,

Sophie

[zimba]

Should I be using an accountant for every year that I hand in my tax return, or can I just use an accountant for the final year before I hand in?

Would rather not use one every year.

Many thanks,

Sophie

There is no requirement to use an accountant for your self assessment

[sophielbw91]

Ah right - so just the accountant confirmation letter for the final year?

Thanks very much for your help!

[zimba]

Ah right - so just the accountant confirmation letter for the final year?

Thanks very much for your help!

No. Where did you get the idea of an accountant letter ??!

[sophielbw91]

In the documents are as specified in paragraph 7 of Appendix FM-SE:

(bb) If the business is not required to produce annual audited accounts, unaudited accounts for the last full financial year and an accountant’s certificate of confirmation, from an accountant who is a member of a UK Recognised Supervisory Body (as defined in the Companies Act 2006) or who is a member of the Institute of Financial Accountants;

Just to clarify this is for ILT after 5 years - sorry the title was misleading.

We also had to have an accountants letter for the first application - spouse visa LTR.

Thanks!

[THO]

Hi Sophie,

Can I clarify, are you the sponsor and you OH is the person on the spouse visa, and you are now doing the application for the second 2.5 years needed before leave to remain is granted to your OH? Or has your OH done 5 years and now you are applying for leave to remain?

The reason I ask is that I am the sponsor for my OH spouse visa and I am self employed and had to get (at great expense) unaudited accounts done for the application. And in a couple of years, we will need to apply for her second 2.5 years visa extension, and so I am interested in this too, since if I am the sponsor, I might need to produce the same document again.

However, if my OH is earning enough, (which I think will certainly be the case) I don't think my income will be needed to be considered.

THO.

[sophielbw91]

Hi I am in exactly the same position.

I am the self employed sponsor for my OH.

Just been through the whole process with accountants proving I meet financial threshold for the first spouse visa application.

Since we've just finished the last financial year and we are handing tax in again; I wanted to know if we have to get the accountant to do the accounts each year for ILR visa.

I have been reading the guidance and think it might just be the final year (or the final two years depending on what you're relying on) that they take into account though.

[THO]

My thought is that since you would only need to send in the 1 year of accounts for the extension application, you will only need to have the unaudited accounts done for that year, as they do not look at the other years. Maybe they are not needed for the second application at all?

I hope in our case my OH will keep her job (C19 etc) and be earning enough so I don't have to pay for something that tells the HO exactly what my accounts submitted to the IR say.

[sophielbw91]

Yes I think you’re right!
Wanted to ensure I was not stuffed at a later date!
Good luck with your OH job...Very tough to foresee, fingers crossed for you

[THO]

Thanks Sophie,

Actually if she does lose the job now, then by the time she has to apply for the extension, she should have found another job.

Perhaps you OH will be earning more than the amount needed then and you won't need to get the accounts done either.

Good luck with the application. Do make sure you have provided everything you can, and if you want any help, or want to run a list of supporting documents you are using for the application just ask. Best to get it right first time as the HO do try to find any reason for a rejection.