ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

Extention requirement

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

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix

Locked
cappachino
Member of Standing
Posts: 490
Joined: Mon Mar 25, 2013 9:24 pm
Location: LONDON

Extention requirement

Post by cappachino » Wed May 18, 2016 10:47 am

Hello
As discussed we should try not to send unnecessary or extra documents.
I am applying for my Tier 1 extention 200k as a sole trader.
I was wondering if I need to send my business bank statement covering the 3 years to show investment made.
I could not find this as a requirement for sole trader.
As per my understanding as a sole trader documents required to show investment are
1. Unaudited 3 year accounts
2. Compilation report
3. Accountants letter

User avatar
zimba
Moderator
Posts: 21930
Joined: Mon Aug 11, 2014 6:13 pm
Location: UK
Mood:
United Kingdom

Re: Extention requirement

Post by zimba » Wed May 18, 2016 2:08 pm

I suggest you show all the bank statement showing money transferred from you to the business bank account.
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

cappachino
Member of Standing
Posts: 490
Joined: Mon Mar 25, 2013 9:24 pm
Location: LONDON

Re: Extention requirement

Post by cappachino » Wed May 18, 2016 2:28 pm

zimba88 wrote:I suggest you show all the bank statement showing money transferred from you to the business bank account.
Thanks for your reply.
So I need to send my personal bank statement as well as business bank statement?
This would be loads of paper and let's not forget they need to scan and copy all the documents that we send also they would need to check all documents. Would this not delay the decision making process and raise unnecessary questions.
So is the bank statement a requirement for sole proprietor?

User avatar
zimba
Moderator
Posts: 21930
Joined: Mon Aug 11, 2014 6:13 pm
Location: UK
Mood:
United Kingdom

Re: Extention requirement

Post by zimba » Wed May 18, 2016 2:40 pm

cappachino wrote:
zimba88 wrote:I suggest you show all the bank statement showing money transferred from you to the business bank account.
Thanks for your reply.
So I need to send my personal bank statement as well as business bank statement?
This would be loads of paper and let's not forget they need to scan and copy all the documents that we send also they would need to check all documents. Would this not delay the decision making process and raise unnecessary questions.
So is the bank statement a requirement for sole proprietor?
No anything in the rules. How many transactions are there ?
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

cappachino
Member of Standing
Posts: 490
Joined: Mon Mar 25, 2013 9:24 pm
Location: LONDON

Re: Extention requirement

Post by cappachino » Wed May 18, 2016 2:51 pm

zimba88 wrote:
cappachino wrote:
zimba88 wrote:I suggest you show all the bank statement showing money transferred from you to the business bank account.
Thanks for your reply.
So I need to send my personal bank statement as well as business bank statement?
This would be loads of paper and let's not forget they need to scan and copy all the documents that we send also they would need to check all documents. Would this not delay the decision making process and raise unnecessary questions.
So is the bank statement a requirement for sole proprietor?
No anything in the rules. How many transactions are there ?
over 30 transactions. (about 60 pages) business bank statement and same quantity for personal.

Locked