LTD company earnings+ additional evidences

[merci]

Dear Senior members

We are running out of time , pls help me in this matter

My husband's beside salaried earnings, he is director of our own LTD company.

He paid only dividend himself.
For the LTD company earnings we will going to submit as first part of evidences
P/L account
Balance Sheet
Dividend Vouchers
Acc. Letter -ACCA qualified

The question is about the second part of evidences
We don't have any employee

We have our PAYE registration letter - but we did not paid any salary can we use that as evidence

Can we use bank letter as second evidence at that part. the details of the bank letter as below
http://www.immigrationboards.com/viewtopic.php?t=57244

[rizwan567]

Do you have your personal bank account statement confirming dividend payments going into your account from company account? If not it looks like all your evidence are from the same source.


For second part, you can provide any 2 of the below:

1. Insurance certificate
2. Any letter from HMRC containing your 10 digit UTR number
3. Self assessment tax return SA302
4. Letter from the bank who you are operating your business account with

Regards

Rizwan

[Sushil-ACCA]

Dear Senior members

We are running out of time , pls help me in this matter

My husband's beside salaried earnings, he is director of our own LTD company.

He paid only dividend himself.
For the LTD company earnings we will going to submit as first part of evidences
P/L account
Balance Sheet
Dividend Vouchers
Acc. Letter -ACCA qualified

The question is about the second part of evidences
We don't have any employee

We have our PAYE registration letter - but we did not paid any salary can we use that as evidence

Can we use bank letter as second evidence at that part. the details of the bank letter as below
http://www.immigrationboards.com/viewtopic.php?t=57244

Registration with govt authorities is a proof of running business , how many employees is not requirement of HO

[merci]

Thank you very much for your inputs

Sushil could you pls check my bank letter the related link in my above first message.

Kindest Regards,

[Sushil-ACCA]

Thank you very much for your inputs

Sushil could you pls check my bank letter the related link in my above first message.

Kindest Regards,

Letter is fine

but u dont need it

u have enough evidnce to prove yr earnings

[merci]

@Sushil-acca

Am I missing something? should not we present two set of evidence from our own LTD company as self employment earnings

for ltd company earnings according art 141 we will present
as first part evidence for self employment
Profit loss account
balance sheet
dividend voucher
accountant letter-ACCA qualified

acc artic 142 second part evidences for self employment
company Paye reg letter
LTD Company's UTR nr
Bank letter + latest statement

personal bank statement for dividend payments

for salaried employment we will present employer letter+ personal bank statements

Are we overdoing?

[rizwan567]

You seem to pay no attention to the advice you already got OR you just want to hear what you want...........


I repeat:

Do you have your personal bank account statement confirming dividend payments going into your account from company account? If not it looks like all your evidence are from the same source.

For second part, you can provide any 2 of the below:

1. Insurance certificate
2. Any letter from HMRC containing your 10 digit UTR number
3. Self assessment tax return SA302
4. Letter from the bank who you are operating your business account with

Regards

[merci]

@rizwan

I am once again thankfull for the all inputs, and actually I do pay attention to all entries , I clarified the point about my bank statements in my above message . I think you missed that one.

I want to find out Why sushil said there I don't need a bank letter?

I wrote down whatever I can submit.

My accountant said the UTR nr which is asked in art 142 is the nr where the applicant registered as self employed. and hence my company is a LTD company I am not self employed. (the word of the business in the related article is referring to two or more person forming a business but nota company like LTD- I am not sure about this information)

The UTR nr which I wll submit is going to be is the LTD company

That's why in my above message you will see that I have been highligted it as LTD company UTR nr. (this is the tiny difference between your one and my one)

Insurance certicate, I don't have any employee so I dont have any insurance cetificate.

The self assesment documentation are still not completed so this document is not applicable to us.

There is not so much example extension applications since 6th of April in the forum.

So, I have to clarify this tiny details very carefully with every single contributions coming from you. I cant bear a refusal.
because I don't have time for another extension.

I am expecting your inputs to clarify the UTR nr nature.

Kindest Regards

[merci]

Dear seniors

Pls help me to clarify the ' UTR nr' issue.

Kindest Regards

[rizwan567]

If you do not have a UTR number then try to get one from HMRC. When limited company is registered a welcome letter/pack is sent from HMRC indicating your legal responsibiliites and meeting the annual deadlines...that letter must contain some sort of reference number or your company tax reference number. Directors of limited company are also supposed to fill in self assessment each year so they should have UTR number.

Cutting long story short....

If you do not have any of the others evideces to meet the requirements of para 141 provide these two

1. Insurance certificate
2. Letter from the bank

Does not matter if you have employees or not... Just meet the rule by providing insurance certificate and thats it.. you meet the requirement.


And my second and most important question which I have already asked but did not get the answer from you, is;

Are you providing your bank statements confirming your dividend payments and salary credited from your company bank account to your personal bank account. If not what how come are you proving that evidnce of earnings are from two different sources.

You are providing

P/L account
Balance Sheet
Dividend Vouchers
Acc. Letter -ACCA qualified

All of the above are from the same source (and can be produced in a single day by any accountant) so it is unlikely that you will get points for income without bank statements or without the second source.

[merci]

Thank you for the entry

In my above message you will see I have been written

personal bank statement for dividend payments

So that will not going to be a problem.

for the UTR explanation many thanks once again.
I will try to get Personal UTR nr.

I already have PAYE registration nr. and bank letter for at 142 but i will try to get UTR nr too.

Kindest Regards
Merci

[rizwan567]

You should be fine then.

[shahid78]

You should be fine then.

hi rizwan sb
i got my own compnay and i got 100% shares of my company,i do not draw out salary from my company i just transfer dividens from my busines account to current account,when i open company i get letter from tax office which shows dates of corporation tax can u let me know what do i need plz?
1.letter from accountant.
2.dividend voucher from my compnay.
3.current bank statment
4.tax letter issued from tax office which indicate unique tax no on it .
can u let me know what else i need plz its bit urgent i need to apply next week plz

[rizwan567]

I think you should see this

http://www.immigrationboards.com/viewtopic.php?t=69669

[shahid78]

I think you should see this

http://www.immigrationboards.com/viewtopic.php?t=69669

hi rizwab sb,

rizwan brother,that was my question as well i was the one who wrote that question over there, can u explain me what do i need for my above asked question, plz its urgent can u write it down plz

[rizwan567]

adityaisukapalli wrote in that post as:

------------------------------------------------------------------------

I am also working through my own limited company and applying in February 2nd week. As far as my knowledge is concerned, if you are taking dividends from your own company, you need to show HO,

1) Dividend Vouchers
2) Personal Bank Statements (Matching Dividend money paid exactly same on Vouchers)
3)Accountant Letter confirming your

Gross Salary. Net Salary
Gross Dividend, Net Dividend, tax credit
Total Gross

----------------------------------------------------------------------------

I am not expert on this matter but I think you should also provide company business bank statements.