Post
by MarkCa » Wed Dec 29, 2021 11:19 pm
Hello everyone,
I am still waiting for my response. Close to one month since I submitted so that is fine.
I started filling my self assessment and I realised that I will submit that I had income from dividends. I was originally hoping that I will get super priority and that my ILR will be approved in December, but since this didn't happen, I am not sure if I should have explained the current situation (this financial year and the last one) in more detail in the application?
Specifically, as part of my director's loan I only sent accounts for year ending 29.2.2020. This year was not influenced by covid, everything was clear, and accounts were provided and signed by ACCA certified accountant. They also clearly showed director's loan.
Is there any chance that once I submit my self assesment for year ending 5th of April 2021 I could have issues? Or accounts signed by acca accountant will be enough anyway?
Just to confirm, if they were to look into accounts in companies house for year ending 28.2.2021., they could see that director's loan is there. I just didn't send these accounts because I understood that one year (year when I made the loan) is enough. The "funny" thing is that dividend I need to report now actually comes from my second business which is not even the part of this application (I never took any dividend from my original business that I am using as part of the application).
Finally, if it makes any difference, I applied as Director of the company, and I never filled self assesment until now because my income was never above 12k until this year.
Do I have any reason to be worried about this once I submit my self assessment or this will not make any difference regarding the accounts ending 29.2.2021 and the director's loan given in september 2019?
Thanks!