Post
by knoxw » Mon Dec 12, 2011 12:02 pm
Hi Everyone,
Recently I begin to prepare the document for my tier 1 general extension, however, I have some different opinions with my accountant.
Here's my situation:
I am employeed by another company and also have my own Ltd company, I plan to claim my income from both, regarding to Ltd company, I am sole shareholder.
My accountant think its enough to give business accounts, his letter and business bank statement to prove ltd part according to policy guide Page 23:
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Self-employed earnings within a business or company structure:
If an applicant has worked in a self- employed capacity in his/her own business or company structure and has chosen to keep his/her earnings within the business or company, he/she could provide:
• business or company accounts that meet statutory requirements and show the
net profit made for the earnings period claimed; and
• personal/business bank statement
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However, when I did research online, I found out most of the people apply in dividend way other than keeping profit in company.
Is there anyone who has more experience on it?
Other questions:
btw, if I have to take my dividend, will it be a problem if I take them just in time before I apply, the number is relatively large and look like it's for visa application only.
Regards,
X