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

ILR

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

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

Locked
rahul190
Member
Posts: 124
Joined: Thu Jun 29, 2017 10:52 pm
Mood:
India

ILR

Post by rahul190 » Sun Jul 29, 2018 8:20 am

Hello,

Applying for ILR in 2020, taking personal loan from bank have any impact on future application?

sparkyram
Member
Posts: 145
Joined: Sun Nov 15, 2015 7:17 pm
Mood:
India

Re: ILR

Post by sparkyram » Sun Jul 29, 2018 10:03 am

Nope :) as long as you repay back...

User avatar
Casa
Moderator
Posts: 25786
Joined: Wed Jul 23, 2008 3:32 pm
United Kingdom

Re: ILR

Post by Casa » Sun Jul 29, 2018 11:22 am

sparkyram wrote:
Sun Jul 29, 2018 10:03 am
Nope :) as long as you repay back...
To clarify...providing you don't default on the loan. :idea:
(Casa, not CR001)
Please don't send me PMs asking for immigration advice on posts that are on the open forum. If I haven't responded there, it's because I don't have the answer. I'm a moderator, not a legal professional.

rahul190
Member
Posts: 124
Joined: Thu Jun 29, 2017 10:52 pm
Mood:
India

Re: ILR

Post by rahul190 » Tue Jul 31, 2018 8:57 am

Sorry, what's that mean, "providing you don't default on the loan"?

User avatar
CR001
Moderator
Posts: 88117
Joined: Thu Mar 08, 2012 10:55 pm
Location: London
Mood:
South Africa

Re: ILR

Post by CR001 » Tue Jul 31, 2018 8:59 am

Take the loan and just not pay it at all or pay a bit and then don't pay.
Char (CR001 not Casa)
In life you cannot press the Backspace button!!
Please DO NOT send me a PM for immigration advice. I reserve the right to ignore the PM and not respond.

User avatar
Djsuccess
Diamond Member
Posts: 1160
Joined: Wed Jun 22, 2016 6:37 pm
Nigeria

Re: ILR

Post by Djsuccess » Tue Jul 31, 2018 9:07 am

rahul190 wrote:
Tue Jul 31, 2018 8:57 am
Sorry, what's that mean, "providing you don't default on the loan"?
When you take a loan, you will have a repayment plan, usually monthly minimum payment. You will be seen to have defaulted if you stop making your monthly payments without any arrangement with the lender.
I am not a lawyer and do not claim to be one. All my comments here are based on my opinions, experience and interpretation of the appropriate UKVI guidance documents and immigration rules.

rahul190
Member
Posts: 124
Joined: Thu Jun 29, 2017 10:52 pm
Mood:
India

Re: ILR

Post by rahul190 » Tue Jul 31, 2018 3:48 pm

Right okay, thanks a lot for explanation

rahul190
Member
Posts: 124
Joined: Thu Jun 29, 2017 10:52 pm
Mood:
India

Re: ILR

Post by rahul190 » Thu Nov 29, 2018 8:37 pm

On 5 your entrepreneurship route, applying for ILR on 2020

Can I buy and sell freehold property?

Involvement in freehold property has any impact on ILR application?

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

Re: ILR

Post by zimba » Fri Nov 30, 2018 12:24 am

Your business activity is not relevant for the ILR, unless you work in capacity of an employee
Advice is given based on my personal research and experience only. Do NOT contact me via private message for immigration advice

rahul190
Member
Posts: 124
Joined: Thu Jun 29, 2017 10:52 pm
Mood:
India

Re: ILR

Post by rahul190 » Thu May 30, 2019 3:39 pm

Hi,


Applying for ILR next year, 5 years of entrepreneurship visa

1. how many hours count as full time and part time?

2. If i have more than one business, do i have to show all business final accounts or just one business final accounts is enough for ILR application?

User avatar
CULLINAN
Respected Guru
Posts: 11124
Joined: Wed Sep 13, 2017 10:51 pm
Pakistan

Re: ILR

Post by CULLINAN » Thu May 30, 2019 5:00 pm

rahul190 wrote:
Thu May 30, 2019 3:39 pm
Hi,


Applying for ILR next year, 5 years of entrepreneurship visa

1. how many hours count as full time and part time?

2. If i have more than one business, do i have to show all business final accounts or just one business final accounts is enough for ILR application?
1) 30 hours/week is FT. Anything less than that is PT.
2) Accounts are not needed for ILR.
Personal opinion only, not to be mistaken for legal advice. Please DO NOT PM me for immigration advice. Love for All, Hatred for None.

rahul190
Member
Posts: 124
Joined: Thu Jun 29, 2017 10:52 pm
Mood:
India

Re: ILR

Post by rahul190 » Tue Jun 04, 2019 6:21 pm

Hi,

Applying for ILR next year,

Final accounts has been made for company but there has been few mistakes which i found out after a year, accountant not able to make amendments

in final accounts wages showing up only £6k but its actually more than £30k paid to staff

concerned about how HO look at it when applying for ILR

Any suggestion please.

User avatar
CULLINAN
Respected Guru
Posts: 11124
Joined: Wed Sep 13, 2017 10:51 pm
Pakistan

Re: ILR

Post by CULLINAN » Wed Jun 05, 2019 2:37 am

rahul190 wrote:
Tue Jun 04, 2019 6:21 pm
Hi,

Applying for ILR next year,

Final accounts has been made for company but there has been few mistakes which i found out after a year, accountant not able to make amendments

in final accounts wages showing up only £6k but its actually more than £30k paid to staff

concerned about how HO look at it when applying for ILR

Any suggestion please.

Although company accounts are not needed for ILR but HO has the power to request any documents if they want. Also recently, there is a wave of interviews at ILR stage and in that case they will ask you all questions regarding anything. £6k and £30k+ is a huge difference. Your accountant should amend and submit it to HMRC.

You as a director are responsible for what information is submitted to HMRC on your behalf as you sign a declaration giving that power to your accountant.
Personal opinion only, not to be mistaken for legal advice. Please DO NOT PM me for immigration advice. Love for All, Hatred for None.

User avatar
bizman
Diamond Member
Posts: 1100
Joined: Tue May 30, 2017 9:15 pm
Location: UK
Mood:
United Kingdom

Re: ILR

Post by bizman » Wed Jun 05, 2019 8:13 am

I’m surprised your accountant did not insist to amend that for you. I wonder about his competence. Are you sure he is a certified accountant. Try and tell him to amend the error and resubmit to HMRC, this is very important and ensure the amended copy is also filed with companies house. HO can always check it there.
Bizman

Locked