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Cas withdraw as a Dividend on Limited Company

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

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Spatacus
Member of Standing
Posts: 485
Joined: Thu Aug 23, 2012 6:40 pm

Cas withdraw as a Dividend on Limited Company

Post by Spatacus » Thu Aug 23, 2012 7:10 pm

Hello Guys,
I need a favor from someone who has been in the same shoe with me.
My Tier 1 General Extension is coming up by Dec 2012. I am a Director of a Limited Company with 100% share. I have been using my company to run some contracts since Nov 2011. And since then i have been withdrawing cash from my limited company business account every month.
Can i use the cash withdrawn as a dividend after expenditure has been taken off from the account?

I have a second job where i earn monthly salary of up to £26,000(gross) before tax.
I needed just only £6,000 from my Limited Company Business Account to make up with my monthly salary from my normal job (£32,000-£34,000 for 35points)

My question are:

1) can i use the cash withdrawals as my Dividend for the Tire1 G renewal?
2) since i am not transferring or paying myself quarterly as per Dividend
3)can an accountant be able to convert my monthly cash withdrawals as Dividend?
4) Can HO accept this?

Your positive response is highly appreciated.
Thanks you
Appl sent: 29-08-2014
Acknow received: 07-09-2014
Bio received: 23-09-2014
Bio recorded: 23-09-2014
Approval date: 31-12-2014
Approval received : 05-01-2015

https://docs.google.com/spreadsheets/d/ ... view?pli=1#

scorpio_besal
Member of Standing
Posts: 279
Joined: Mon Sep 06, 2010 8:59 pm
India

Post by scorpio_besal » Thu Aug 23, 2012 8:59 pm

Please avoid putting up multiple posts for the same set of questions, and use the search option available on this forum to get some of your answers. or go through the UKBA guide lines.

Search :http://www.immigrationboards.com/search.php

UKBA Guidelines http://www.ukba.homeoffice.gov.uk/sitec ... idance.pdf
Regards,
A Mutant Member

SPECIAL NOTE:- Thanks for creating such a nice forum where all of us can help each other... BIG THANKS TO THE ADMIN,SENIORS for being there to help others.

Spatacus
Member of Standing
Posts: 485
Joined: Thu Aug 23, 2012 6:40 pm

Post by Spatacus » Fri Aug 24, 2012 7:41 pm

scorpio_besal wrote:Please avoid putting up multiple posts for the same set of questions, and use the search option available on this forum to get some of your answers. or go through the UKBA guide lines.

Search :http://www.immigrationboards.com/search.php

UKBA Guidelines http://www.ukba.homeoffice.gov.uk/sitec ... idance.pdf
Scorpio_besal how does my multiple posting affects you? Why don't you focuse on the questions being asked?
Appl sent: 29-08-2014
Acknow received: 07-09-2014
Bio received: 23-09-2014
Bio recorded: 23-09-2014
Approval date: 31-12-2014
Approval received : 05-01-2015

https://docs.google.com/spreadsheets/d/ ... view?pli=1#

scorpio_besal
Member of Standing
Posts: 279
Joined: Mon Sep 06, 2010 8:59 pm
India

Post by scorpio_besal » Fri Aug 24, 2012 7:49 pm

Because you might get banned for this DUDE. Its against the forums RULES

And for your answers, IF NO ONE IS RESPONDING TO YOUR POSTS, then as mentioned before, read the POLICY GUIDE LINES OR USE SEARCH OPTION, you will get your answers.
Regards,
A Mutant Member

SPECIAL NOTE:- Thanks for creating such a nice forum where all of us can help each other... BIG THANKS TO THE ADMIN,SENIORS for being there to help others.

Spatacus
Member of Standing
Posts: 485
Joined: Thu Aug 23, 2012 6:40 pm

Re: Cas withdraw as a Dividend on Limited Company

Post by Spatacus » Wed Aug 29, 2012 11:21 pm

Spatacus wrote:Hello Guys,
I need a favor from someone who has been in the same shoe with me.
My Tier 1 General Extension is coming up by Dec 2012. I am a Director of a Limited Company with 100% share. I have been using my company to run some contracts since Nov 2011. And since then i have been withdrawing cash from my limited company business account every month.
Can i use the cash withdrawn as a dividend after expenditure has been taken off from the account?

I have a second job where i earn monthly salary of up to £26,000(gross) before tax.
I needed just only £6,000 from my Limited Company Business Account to make up with my monthly salary from my normal job (£32,000-£34,000 for 35points)

My question are:

1) can i use the cash withdrawals as my Dividend for the Tire1 G renewal?
2) since i am not transferring or paying myself quarterly as per Dividend
3)can an accountant be able to convert my monthly cash withdrawals as Dividend?
4) Can HO accept this?

Your positive response is highly appreciated.
Thanks you
Can someone please respond to my questions?
Is there anyone who has been in the same situation like me?
Pls pls your valuable contribution is urgently needed.
Thanks
Appl sent: 29-08-2014
Acknow received: 07-09-2014
Bio received: 23-09-2014
Bio recorded: 23-09-2014
Approval date: 31-12-2014
Approval received : 05-01-2015

https://docs.google.com/spreadsheets/d/ ... view?pli=1#

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