Salary Payments & HSMP

[Bluebird]

Racist!

not according to the UN.

[backlight]

If a company employee, or director for that matter requires a UK visa, or visa renewal to continue working in the UK would the cost of such a visa be a justifiable business expense?

[NotAllThere]

I doubt it, since you get some personal benefit from it.

[Toasta]

I doubt it, since you get some personal benefit from it.

Such as?

[sshanmug]

Dividends from your company, where you are sole director is fine. It's been setup to handle IT contractors now. You can only claim dividends from a company you are working in, and directly responsible for the income.

Run through the info on the site for HSMP, it will outline it for you.

But you will have to jump through a few hoops when it comes time to renew (which I just did).

Company books.
Company registration.
All signed contracts.
All invoices.
Company and personal bank accounts.
Letter from accountant.
If you've finished a tax year, it's a little easier, but not by much.

Hi,

I am in UK on HSMP. I am also planning to start a ltd company. Will it affect my extension after 2 years? How much salary should I declare myself to get an extension?

It would be great if you give some pointers to HSMP forum which discuss about this.

Thanks in Advance,
Senthil