Query regarding extension 50K and 2 jobs possible?

[Jabs]

It is not mandatory for the director to pay him/her self, if it is a limited company, a route I strongly recommend then money can be withdrawn as dividends providing you are making plenty.

Any resource, human (not directors pay) or not can be considered part of the operating cost i.e. investment.

Bear in mind regular business activity is going be paramount at the time when you apply for an extension, few large amount transactions here and there over three years may cause a concern for UKBA.

...and always remain vigilant for new rules

[Ahmed25]

Being a director I think I can pay salary to myself and also withdraw money as dividend and it should count as investment. As per my visa I can legally work for my company so why cant I pay salary to myself. The point HO mentioned is I think spending money on dependent from the investment funds and yes it makes sense but the salary point definitely not.

[maverick_76]

Being a director I think I can pay salary to myself and also withdraw money as dividend and it should count as investment. As per my visa I can legally work for my company so why cant I pay salary to myself. The point HO mentioned is I think spending money on dependent from the investment funds and yes it makes sense but the salary point definitely not.

I am not sure of this as I had mentioned previously in this thread regarding the reasons. Pasting the relevant part of documentation again -
"If you already have leave as a Tier 1 (Entrepreneur) we may curtail your leave if the funds you have used to apply cease to be available to you (unless you have spent them in the establishment or running of your business or businesses). ‘Spent’ excludes spending on your own remuneration."

[Avinine86]

Hi Guys,

Would any of you be able to let me know if I could invest the 50,000 £ amount into buying shares of public listed UK companies and still be eligible for an extension after 3 years ?

Thank you

[rehan01]

Hi Guys,

Would any of you be able to let me know if I could invest the 50,000 £ amount into buying shares of public listed UK companies and still be eligible for an extension after 3 years ?

Thank you

buying shares of public listed UK companies not a problem .... but what will be your role in that company? (eg Director)

regards

[Avinine86]

Hi Guys,

Would any of you be able to let me know if I could invest the 50,000 £ amount into buying shares of public listed UK companies and still be eligible for an extension after 3 years ?

Thank you

buying shares of public listed UK companies not a problem .... but what will be your role in that company? (eg Director)

regards

I'd run my IT services company but I will not be able to invest the entire amount into my own business. So, I intend to invest from my company into buying shares of other UK public companies.

[rehan01]

Hi Guys,

Would any of you be able to let me know if I could invest the 50,000 £ amount into buying shares of public listed UK companies and still be eligible for an extension after 3 years ?

Thank you

buying shares of public listed UK companies not a problem .... but what will be your role in that company? (eg Director)

regards

I'd run my IT services company but I will not be able to invest the entire amount into my own business. So, I intend to invest from my company into buying shares of other UK public companies.

I doubt it very much that you can claim points for invest of funds via buying shares .... as mention in rules change you have to have access to money on ongoing basis so if you invested 20k than you have to funds available of 30k in your account.

regards