Hi

No, nothing related to HMRC or govt, these are all settled. It is trade creditor.

Thank you Marcnath. Just in case my T1E ext application being refused, I need to re-submit the application, do I need to show company status? If previous company is in liquidation while new one hasn’t set up yet, do you mean I just show I am self-employed which is good enough? I will check the p ...

Hi My T1E extension application has been submitted a month ago. I’m waiting for the result. Invested company is now in debts issue and may proceed liquidation shortly. Please advise if it will affect my extension application result or not. Do I need to set up a new company or invest in a new company ...

Hi I found the following updates from latest T1E guidance as of 29 Mar 2019 version. I am going to submit my visa extension application this month. I think I need to prepare for these updates. The guidance hasn't mentioned any specified documents to satisfy the requirement of showing business's ...

Hi After seeing statement of changes as below, does it mean I need to provide additional documents for business activity overview, my role details and settled workers job details if I am planning to submit my T1E extension application in late April 2019. ......Applicants will be asked to provide an ...

Hi Marcnath Thank you so much for your reply. Is my latest 17/18 corporate tax return (showing company registration number and tax reference number) good enough to fulfill the following requirement according to the T1E guidance: Business activity: specified documents (ii) HM Revenue & Customs ...

Supplement:

My 2016/2017 annual account has already shown my investment GBP200K and I am director of the company.

Hi I am planning to submit extension application in Apr 2019. I have already got two years (16/17 and 17/18 tax year) annual accounts and corporate tax return for now. The company usually submits the annual account to HMRC just before the due date (ie in Dec of every year). It seems hard to push ...

Hi If no luck to retrieve those FPS reports before I joined the company because of software change, can I ask accountant to prepare the FPS manually from data sources (eg XML, payroll file) , instead of automatically download? I have kept full set of FPS reports for job creation period. Thanks!

Hi

If no luck to retrieve those FPS reports before I joined the company because of software change, can I ask accountant to prepare the FPS manually from data sources (eg XML, payroll file), instead of automatically download.

I have kept full set of FPS reports for job creation period.

Thanks!

Sorry Marcnath

I think I got what you mean on different between JOB and Employee now.

Two JOBS really newly created after my directorship and no employees 11 months before I joined the company. I hope it is fine.

Hi Marcnath So you mean no matter how many existing employees left after I joined, then I have to replace all of them? GBP200K is not only to create two employee to fulfill net increase, but also maintain number of staff. If the company is no profit, cut staff is very normal I think. However, in my ...

Hi Marcnath Thank you for your reply. I agreed and same thoughts as you. For example, if there are 3 employees exist during I joined, then I created two more, total five exist at the same time. However, one of these 3 pre-exist employees left, I think it is not necessary to create one more to ...

Hi If 12 months documents before I joined the company required and there were two employees in Apr 2015, does it mean I need to create two extra (ie maintain four employees)? I only created two employees and maintain two employees up to now because my company cannot afford and do not need 4 ...

Hi If 12 months documents before I joined the company required and there were two employees in Apr 2015, does it mean I need to create two extra (ie maintain four employees)? I only created two employees and maintain two employees up to now because my company cannot afford and do not need 4 ...

Hi

There were two employees till Apr 2015, which means no employee starting from May 2015.

Accountant gave Apr 2015 payslip and payroll summary to me. I’m asking for additional documents now.

Hi I can provide FPS from Apr 2016 onward. Job created from 1 Sept 2017. However, if required FPS (i.e. Apr 2015 to Mar 2016) before my time, it may be other documents can be provided instead of FPS or P35. There is no employee between Apr 2016 - 30 Aug 2017, until I created two from 1 Sept 2017 ...

Hi I think I made mistakes in capturing the outdated para from T1E guidance. Here is the Jul 2018 version: if the business in employed workers before you took over or joined it, you must also provide the following documents for the year immediately before you joined the business and the years that ...

Hi

I joined an existing company.

My solicitor suggested me to submit job advertisement and 2-3 CVs from candidates with my personal letter as evidence to explain and show my best effort to fill in the gap of job vacant. Please advise if it is necessary to do so.

Hi Q1: Below para from T1E guidance. Please advise "the year immediately before the jobs were created" is referring to 12 months before the directorship OR 12 months before the 2 jobs created. For example, my directorship started from 1 Apr 2016 and 2 jobs created from 1 Sept 2017. Should I submit ...

Thanks! I know that my investment fund cannot be used for my salary. I haven't received salary so far although I am working for my company. In my case, my £200k almost all spent out. We are looking for new funding. Can I have my salary later? If so, do I need to prove and separate an account to show ...

Thank you for your reply. May I know if I need to prepare 2 sets of accounting reports and present to HO: - one is pure my £200k how it spent, and - another is my company accounting report including my £200k My accountant now provides me a cash flow statement purely for my 200K. It is able to show h ...

Hi

Thank you for reply. Some people mentioned the investment fund should be spent in meaningful way to your business development. That’s why I have a bit worry.

Hi I was invested GBP200K into the UK company under share capital. One of the shareholder’s lent GBP38k to the company for company funding to help and run the business before I invested into the company. The loan had been recorded in the management report properly. The company used my investment f ...