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Policy Guidance page 46 - Point 136

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

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hina_pirzada
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Policy Guidance page 46 - Point 136

Post by hina_pirzada » Thu Feb 16, 2017 12:54 am

Dear Members,

I have some confusion in point 136 mentioned in guidance on page 46. State that

[ Please note: If you are relying on funds invested in a business, any money you have already 'spent' for business purpose must be shown as investment in your financial accounts]

In above point, it is not clear the word 'spent' and what Home Office is looking for. I have invested via DL so when the account prepare the accounts it will mentions Turnover , expenses and other related things in connection with accounts. But I am confused the word 'spent' specifically be mentioned in term of investment.

Can all senior members please clear the confusion.

Thank you in advance.

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zimba
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Re: Policy Guidance page 46 - Point 136

Post by zimba » Thu Feb 16, 2017 1:55 am

Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

hina_pirzada
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Re: Policy Guidance page 46 - Point 136

Post by hina_pirzada » Thu Feb 16, 2017 3:24 am

Hi Zimba,

Thank you for your reply. So the director loan will cover the word 'Spent'. Means all 50k or more has been invested in the business regardless if the funds used limited to 30k and remaining 20k in the account as a balance.

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