Tier 1 Entrepreneur £200k to ILR - Job Creation Calculation
Posted: Wed May 02, 2018 7:09 pm
Hi All,
Here are my details:
T1E visa granted on: 30 March 2013
T1E Extension submitted: 29 July 2016
T1E Extension granted: 18 November 2016
T1E Extension expiry: 18 November 2018
Upcoming ILR application date: First week of November 2018
Pre 6th April 2014 transitional arrangement: Yes
I took over an existing company. During the time of initial leave, after I became a director of the company, one of the settled workers that was with the company prior to my appointment submitted his resignation. I did not replace this settled worker. To account for this decrease, I applied this formula for my extension application:
Net Posts = Posts Created - Posts Eliminated
To calculate the "Posts Eliminated" in total weeks, I used the last day of employment for the settled worker to the date of application.
Here's what my calculations looked like:
https://imgur.com/CdpZz3K
Question 1: Since my T1E Extension was granted, no further employees have left. However, do I have to continue deducting Employee 1's weeks from my Net Posts calculation (as per the image below)?
https://imgur.com/kgA5d3j
Question 2: One moderator has commented that an applicant can continue to count weeks worked by employees during the time that the application is being considered. This doesn't seem to make sense because once an application is submitted, there is no further opportunity to submit additional RTIs and payslips to the CW. Am I missing something here? Can anyone provide a reference to the guidance or rules that says this is possible?
Thanks for your consideration and help.
Here are my details:
T1E visa granted on: 30 March 2013
T1E Extension submitted: 29 July 2016
T1E Extension granted: 18 November 2016
T1E Extension expiry: 18 November 2018
Upcoming ILR application date: First week of November 2018
Pre 6th April 2014 transitional arrangement: Yes
I took over an existing company. During the time of initial leave, after I became a director of the company, one of the settled workers that was with the company prior to my appointment submitted his resignation. I did not replace this settled worker. To account for this decrease, I applied this formula for my extension application:
Net Posts = Posts Created - Posts Eliminated
To calculate the "Posts Eliminated" in total weeks, I used the last day of employment for the settled worker to the date of application.
Here's what my calculations looked like:
https://imgur.com/CdpZz3K
Question 1: Since my T1E Extension was granted, no further employees have left. However, do I have to continue deducting Employee 1's weeks from my Net Posts calculation (as per the image below)?
https://imgur.com/kgA5d3j
Question 2: One moderator has commented that an applicant can continue to count weeks worked by employees during the time that the application is being considered. This doesn't seem to make sense because once an application is submitted, there is no further opportunity to submit additional RTIs and payslips to the CW. Am I missing something here? Can anyone provide a reference to the guidance or rules that says this is possible?
Thanks for your consideration and help.