New successful case and testimonial on a Spouse Entry Clearance. Financial Requirement £18,600 was met via self-employment in the UK in the last tax year.

By 1st 4Immigration - #1 UK Immigration Experts -
"A massive thank you to Lucy and Natalia for their diligence and professionalism in handling our case. We sent 1st 4 Immigration our documents less than a month ago and just found out my wife's spouse visa was approved. We booked her flight and we will be together in a few days time. Their help was invaluable. We couldn't be happier!"

This came from James, a British citizen whose wife was applying in Japan. James, who is self-employed as a sole trader in the UK, was able to meet the Financial Requirement of £18,600 once his tax return was submitted for the tax year 2012-13. HMRC Tax Calculation (SA302 form) was showing profit of self-employment of just over £19,000.

With self-employed people the £18,600 threshold is based on profit from self-employment, not turnover, ie not what the business received from the customers. It is based on the profit, which is the difference between turnover and expenses, before taxes. Furthermore, it is based on the last full financial year, in case of sole traders it is a UK tax year. If one registered as self-employed in the middle of a tax year he/she would have to wait until tax year is ended and a tax returned submitted and confirmed by HMRC.

Those who have limited companies have to use a different approach. We have extensive experience in dealing with either sole traders or company owners.

Another thing was the UKVI (former UK Border Agency) required business accounts prepared by a professional accountant.  Small businesses don’t have to prepare audited accounts, and for HMRC don’t have to prepare unaudited accounts either. However, for a visa application our client had to ask a professional accountant to prepare financial statements (‘accounts’) because it was one of the ‘Specified Evidence’ under Appendix FM-SE. Even though this is not a requirement for tax purposes, it is a requirement for a visa application and therefore needs to be done ‘because it is a rule’.  

For an individual advice or to make an application please contact us: info@1st4immigration.com or visit www.1st4immigration.com 

 
If you are an Immigration Adviser or a Solicitor please visit our immigration Training and CPD website: www.1st4immigration.com/training

 

 

Popular posts from this blog

Updated May 2020: UK visa work continues - latest update

By -
UK immigration authorities continue to process visa applications, albeit not as fast as they normally would. The visa centres are beginning to gradually re-opening from 1 June 2020 in the UK and abroad. Regardless of when your particular centre re-opens, it is still possible to submit your application online. If your visa expires soon, you can apply for your next visa "on-time", i.e. before your current visa expires, by making such an application online and then waiting for the further steps. This keeps you within the Rules and does not make you an overstayer.  Even better, the actual documents (supporting evidence) can be submitted later, thus giving you even more time to prepare while remaining within the Rule on visa expiry dates. We usually have 45 days to provide the documents (ie upload them online to the Government portal) after the online "submission" mentioned above. This is extended for as long as it will take to clear up the backlog.  If you...
Read more

🇬🇧 Spouse vs Fiancée visa: pros and cons

By -
Image
    How are they different? What are advantages of each of them? Our helpful table below gives you the visa options for partners of UK citizens. Spouse visa (including civil partners) Fiancée visa Marital status Have to be married (or get married) and apply for a UK visa as a Spouse. Can come to the UK, get married within 6 months and then apply for a Spouse visa. Where to apply? Can apply outside the UK, in a country where a foreign spouse lives or works (but not visiting). Can switch inside the UK from most categories. Only outside the UK This includes a situation where the current UK visa allows switching to a Spouse visa but the couple has to take the Fiancée route (such as if they need time to meet the Financial Requirement). Duration of the visa 2.5 years, then extension for another 2.5 years, then permanent residency after 5 years. 6 months, then Spouse visa for 2.5 years, then extension for another 2.5 years, then permanent residency after 5 years on Spouse visas only ...
Read more

UK Visas and Immigration plans to go paperless in 2018. If it works, family visas – for spouses, partners, children etc – will be submitted online instead of the current paper forms and supporting documents.

By 1st 4Immigration - #1 UK Immigration Experts -
Image
How do we know? We, 1 st 4Immigration Ltd,   were chosen by the UKVI to take part in a survey to provide a feedback on the upcoming system. We are very honoured! As can be seen on the Home Office letter (pictured), we were selected as one of only approximately 50 firms in the whole country, following the request of the Home Office to the OISC. We had a visit from 2 Home Office officials in November 2017. What a great day and what a productive visit! The officials informed us they had been trying hard to promote the online application process for in-country applications, such as FLR(M) for spouses and partners of UK citizens. The online applications have existed for entry clearance (when applying outside the UK) for many years now. Yet the in-country online application process has so far been relatively unknown and unused. It can be found here: https://visas-immigration.service.gov.uk/product/family-routes At the moment most FLR(M) and FLR(FP) applications ar...
Read more