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HSMP Application.

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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geetali kulkarni
Newly Registered
Posts: 1
Joined: Sat Nov 28, 2009 7:50 pm
Location: London

HSMP Application.

Post by geetali kulkarni » Sat Nov 28, 2009 8:16 pm

I am a chartered account from Indian institue. I am currently in UK and holding dependent worrk permit and want to apply for HSMP.

I have formed limited company last year and earned around 38000 GBP by doing contracting. I got this money directly credited in my business account.

Qusetion
1. Whether chartered accountants degree from India is consider as master degree for HSMP.

2. I want to show this earned income as my personal income which was earned on companis business account. This should be tax effective.

3. How most of the contractors save taxes by working under their own limited company.

Sushil-ACCA
Diamond Member
Posts: 1234
Joined: Wed Apr 02, 2008 2:47 pm
Location: Wembley Park

Re: HSMP Application.

Post by Sushil-ACCA » Sat Nov 28, 2009 9:02 pm

geetali kulkarni wrote:I am a chartered account from Indian institue. I am currently in UK and holding dependent worrk permit and want to apply for HSMP.

I have formed limited company last year and earned around 38000 GBP by doing contracting. I got this money directly credited in my business account.

Qusetion
1. Whether chartered accountants degree from India is consider as master degree for HSMP.


SEARCH FORUm / ho website



2. I want to show this earned income as my personal income which was earned on companis business account. This should be tax effective.

IN india i have not learned that company income is personal income of shareholder / owner dirctor , unless it is dividend from company


3. How most of the contractors save taxes by working under their own limited company.

no one save tax by any method all have to follow HMRC RULRS , And play by rules of land

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