yes you are right and i agree with you but i dont agree that it is necessary to prove trading in first 6 months. the guidelines for extension attributes for section B (to claim 20 points) says that:
"Section B registered within six months of entering
"You must have been registered as self-employed with HMRC, registered a new company in which you are a Director, or been registered as a Director of an existing company within the six months after entering the category"
i was registered as director of my company during this whole period even though there was no activity in my first year. the documents which are required to claim this 20 points are Current appointment report for the period covering the first 6 months as per the guidelines mentioned below:
"Director of a new or existing company
120. If you were a director of a new or existing company you must provide the following:
Current Appointment Report from Companies House: This will list the Directors of a company and the dates of their appointment. Even if you are no longer a Director of the same company, we require the Current Appointment Report for the date that you became a Director of that company.
If the date on the Current Appointment Report was more than 8 months after your specified date we will not award any points for this section."
Please carefully see that no where does it says that the company should have been trading during this time, but for the section C (to claim 15 points) of extension it adds this clause that the company should be trading at the time of extension:
"Directors
125. If you are a Director of a UK company when you apply you must provide:
A Current Appointment Report from Companies House:
A current appointment report will list the Directors of a company and the dates of their appointment. You must obtain a printout of the Current Appointment Report from Companies House.
126. The date of this document should be within the three months immediately before the date of this application.
127. The report must show your name, as named in your application form, as the Director of a business that is actively trading and not struck-off, or dissolved or in liquidation on the date that the printout was produced."
though i shouldve actively traded in initial period of my leave i am just trying to defend my position. please tell me your views on this point.
thank you
Mrs. khan
MTZ510 wrote:You can invest in 3 years but what i am saying is that if you had transferred some money in to your business account and even had paid few expenses like accountants fee, telephone bills etc from company bank account then you could have filed the accounts showing that your company was active and looking for contracts in first year.
Its not about investing its about being actively trading.
samreenkazi wrote:thank you for answer. i took 50k route within uk after my psw and on the guidelines it does not mention requirement to invest within 6 months. i might be wrong but can you clarify on this please.
