Entrepreneur's proof of income tax and NI contributions for Home Office applications
Since the Brexit vote, we have seen that a larger than usual number of enquiries about ensuring that an entrepreneur, doing business in the UK, needs to make sure they have updated their visa and rights to remain in the UK by the British Home Office.
Normally this involves the services of a solicitor to organise your paperwork or at the very least a good understanding of the Home Office rules for application if your doing it yourself. The solictor will often also ask you to provide a qualified accountants letter and financial evidence of the past 5 to 10 years of employed or self employed activity in the UK. With evidence showing how you have contributed to the British economy through your taxes and national insurance contributions (NI).
If your employed this is through P60's, P45's and P11d's. And if your self employed this is in the form of Company Accounts, Corporation Tax Returns, Personal Tax Return's, SA302's (tax calculation) showing total income and tax and NI payable and a HMRC statement of account (like a bank statement showing payments made and balances due).
Your accountant can provide the company accounts, SA302's and tax returns if required urgently. And copies of the HMRC headed statement of account and SA302's can be ordered from HMRC with a normal delay of 7 to 10 days. This information along with others required eg bank statements and ID documents etc can then be submitted with the application to the Home Office.
Some types of visa's such as the entrepreneur visa require detailed business plans with the application and this is something we have a speciality in and can help create this to help your application.
At Tax Affinity Accountants we have already helped many self employed businessmen and women with their successful applications. So if you feel you need help with any of these documents then feel free to contact us and we would be happy to help.
By Anni Khan at Tax Affinity Accountants
Tax Affinity Accountants are experts in Tax and Accountancy. Based in Worcester Park and Kingston upon Thames they are considered in the Industry to be expert accountants and advisors for small businesses. Helping and supporting business throughout the UK, they regularly help new and established businesses to succeed.
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