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shop on my name considered as investment?

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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Ahmed25
Junior Member
Posts: 74
Joined: Mon Jan 23, 2012 8:04 am
Location: London

shop on my name considered as investment?

Post by Ahmed25 » Mon Oct 12, 2015 8:33 am

If I purchase a shop on my (Director) name and register my company there, does it count as an investment?
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Ahmed25
Junior Member
Posts: 74
Joined: Mon Jan 23, 2012 8:04 am
Location: London

Re: shop on my name considered as investment?

Post by Ahmed25 » Mon Oct 12, 2015 9:22 pm

is this question that complex that nobody has a basic opinion about this.
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AANA
Newbie
Posts: 47
Joined: Tue Sep 15, 2015 4:18 pm
Pakistan

Re: shop on my name considered as investment?

Post by AANA » Tue Oct 13, 2015 12:57 am

If you purchase a commercial property then yes this will count as investment though i have read in the guidance notes that any payments made towards goodwill to previous business owner will not count as evidence.

Very unfair but i guess this was being abused for extension purposes.
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Ahmed25
Junior Member
Posts: 74
Joined: Mon Jan 23, 2012 8:04 am
Location: London

Re: shop on my name considered as investment?

Post by Ahmed25 » Tue Oct 13, 2015 9:35 am

I am purchasing it from open market and solely for office use.

the problem is if I purchase it on my(Director) name can I include it in company accounts.

Regards,
Ahmed
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