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Tier 1 ILR and Limited Company Tax

Archived UK Tier 1 (General) points system forum. This route no longer exists.

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2, Administrator

smartkhan
Member of Standing
Posts: 364
Joined: Fri Apr 04, 2008 6:55 am
United Kingdom

Re: Tier 1 ILR and Limited Company Tax

Post by smartkhan » Wed Feb 05, 2014 3:58 pm

If you showed big income to HO at time of extension and didn't pay tax on it your ILR will definitely be refused. HO has started looking at your tax details of last 5 years. Same thing happened to this guy:

http://www.immigrationboards.com/indefi ... 57196.html

vin123
Member of Standing
Posts: 403
Joined: Sun Nov 17, 2002 1:01 am

Re: Tier 1 ILR and Limited Company Tax

Post by vin123 » Wed Feb 05, 2014 4:42 pm

UKBA considers limited company director-employed+shareholders as self employment.

So any applicant who goes for an Extension or ILR MUST take the following, otherwise they stand a good chance for rejection.

For company

a) limited company account statements for financial years showing net profit (from a certified accountant)
b) company bank statements (for the financial years) showung

for you
c) Personal bank statements (showing payment salary/divend payment from company accounts)
d) HMRC FY self-assessment statement (to match both account and salary/divident payment received)

If you do not take - you will get rejected. Simple. Period.

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