Archived UK Tier 1 (General) points system forum. This route no longer exists.
Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, Administrator
-
marahman3001
- BANNED
- Posts: 50
- Joined: Wed Nov 11, 2009 11:03 am
Post
by marahman3001 » Tue Dec 08, 2009 9:11 am
i have invoiced my 2 clients before i applied for extension to tier 1. I received the payment from them into my account after 2 days of my application. I sent the 2 invoices to HO.
Do they consider those payments if i send them the proof of payment in additional documents ? Do they consider if i take one dividend on the day of application in advance and one dividend after i got the payment?
-
mvent00
- Diamond Member
- Posts: 1003
- Joined: Thu Apr 16, 2009 10:18 am
Post
by mvent00 » Tue Dec 08, 2009 2:30 pm
Make it simple, the earnings you claim, are for any consecutive twelve months period within 15 months before the date of application. So, you have claimed for a period of twelve months. If these earnings fall during that period and are supported by two different sources, then it is fine, otherwise not.
marahman3001 wrote:i have invoiced my 2 clients before i applied for extension to tier 1. I received the payment from them into my account after 2 days of my application. I sent the 2 invoices to HO.
Do they consider those payments if i send them the proof of payment in additional documents ? Do they consider if i take one dividend on the day of application in advance and one dividend after i got the payment?
-
Sushil-ACCA
- Diamond Member
- Posts: 1234
- Joined: Wed Apr 02, 2008 2:47 pm
- Location: Wembley Park
Post
by Sushil-ACCA » Tue Dec 08, 2009 4:41 pm
marahman3001 wrote:i have invoiced my 2 clients before i applied for extension to tier 1. I received the payment from them into my account after 2 days of my application. I sent the 2 invoices to HO.
Do they consider those payments if i send them the proof of payment in additional documents ? Do they consider if i take one dividend on the day of application in advance and one dividend after i got the payment?
Suppose u have claimed 12 consecutive period nov08 to oct 09, any services provided within this period , and mOney received after that is valid as per accounts, known as debtors , and accepted by HO
-
HSK Accountancy Services
- Member
- Posts: 108
- Joined: Sun Oct 18, 2009 3:49 pm
- Location: Manchester
Post
by HSK Accountancy Services » Tue Dec 08, 2009 11:29 pm
marahman3001 wrote:i have invoiced my 2 clients before i applied for extension to tier 1. I received the payment from them into my account after 2 days of my application. I sent the 2 invoices to HO.
Do they consider those payments if i send them the proof of payment in additional documents ? Do they consider if i take one dividend on the day of application in advance and one dividend after i got the payment?
Accounts are normally preprared on accrual basis. Your accountant should advise you on these simple issues.
Regards,
Sheraz