Invoice - Ltd company

[1n1le]

Greetings!
When we talk about submitting invoices by Ltd company applicants, are we meaning the signed and accepted invoices returned to us from the clients? Or the ones we send to the clients in the company letter head?

Warm Regards

[AccountantMatthew]

The former rarely happens in practice (unless you mean it's a remittance advice and even then they don't get sent with payment all of the time).

If what you get from clients are basically the invoice with some signature from them then I'd struggle to see why they couldn't be sent; however most people will send in just copies of invoices that they sent to the client. If they are remittance advices then don't send them in, just the invoices.

Potentially to avoid confusing anyone at the UKBA you may be best to send just the copy invoices but I'm probably overanalysing this so am happy to be shouted down by others.

[QuickSam]

You don't need invoices if you are applying as 'Employed'

In case you are applying as self employed, you could include the invoices but I agree with AccountantMatthew, you generally don't get signed invoices back in normal practise. In case you have them, use them else the normal invoices sent from your Limited Company to the Agency / Client printed on your company headed paper and stamped with your company seal should be good enough.

[1n1le]

Thanks Mathew and Sam.

Now the question raises whether a Ltd company director can apply as employed?

In this forum i have seen some apply as employed and some as self-employed. A few apply as employed but sumbit all business detaisl as well!!

So I am confused.

[QuickSam]

To keep it simple:

Limited company director's generally apply as employed if the earning is only from one source. They apply as self employed when earning sources are more than one.

[swamik1]

To keep it simple:

Limited company director's generally apply as employed if the earning is only from one source. They apply as self employed when earning sources are more than one.

Hi,

When you say one source, salary and dividend are considered as one source or two source of income.

Kindly clarify.

Thanks

[QuickSam]

Hi,

When you say one source, salary and dividend are considered as one source or two source of income.

Kindly clarify.

Thanks

Do not quote my statement based on your incorrect understanding. When I say one source, it means your limited company has only one source of income. From your limited company you can pay yourself either through salary or salary + dividend. Salary and Dividend are two different types of income but the source remains the same, your limited company.