mulannoire:
Hello gurus in the house, i need your help.

I was refused a visa 2 months ago despite travel history to the UK as the officer stated he was not convinced the funds in my accounts were mine to spend ( i submitted 2 savings accs).

I was advised by an agent to run my company account and to pay myself salary each month, while also creating payslips. How accurate is this? Thanks for your time.

Lucky4real28:
Please folks help me analyze this refusal note, I own the company but don’t pay myself, I stated I will be paying for the trip myself because I thought the company is still me. I submitted company account with 6 months turn over of 36M, balance 1.3M personal dorm account 3 months with turn over of $44,830 balance $220. And a savings account I use to pay bills with a 3 months turn over of 1.1M, balance 11k. My aim was to fund the trip from my company account, travel date is 27th December.
Travel history, Russia, SA 3 times, UAE, Kenya, Ghana. Even though I submitted reference letter stating I am a sole signatory to the company account. I was still refused.
I am filling a new form stating company will be funding the trip and I will transfer the sum to my savings account with payment reference stating “for UK trip”. I aim to use priority service so I can get a decision earlier. Please advice. Travel date is 27 December.
I don’t pay myself salary nor keep savings because I believe this is beneficial to banks, instead I reinvest my profit and tranfer out of my account for personal use whenever I want to.
I am married with kids and I also submitted 4 landed docs with combined purchase amount of 32M. Please should I just move about 1.2M to my saving and write a letter on my company letter head stating the money is for my trip to UK.

justwise:


I have gone back to check my statement and the transaction questioned was a cash transfer and not cash deposit and it was 1,634,600 and not 1,534,600 as stated by the ECO. And my submitted statement didn't end on may also as stated by the ECO in the refusal letter. The fund was for a supply I did for a band to acquire musical instruments for them . my statement of account shows the outflow of what I paid my dealer to supply me the goods and the invoice that I was issued. I also issued a receipt to them for the money I was paid. Both of this invoices was part of my application and also the transfer slip I used for that transfer to my dealer. The money wasn't lodged, I only made 140k profit from that transaction. Prior to that march I was paid 2.3m for an installation I did for a church and I also included the receipt I got for the equipments I bought. That 2.3m wasn't questioned at all.

Please what other ways can one prove source of find apart from receipts and invoices looking at the nature of sound engineering job being informal. Just a phone call , negotiate price, submit list and you get paid.

Please I want to reapply asap.. My fiancé is coming to Nigeria this weekend and we plan going back together for the Christmas and new year holiday.
Thanks.
If these mistakes by the ECO are true then reapply anytime and point out those mistakes in a letter clearly pointing out those mistakes.

justwise:


If these mistakes by the ECO are true then reapply anytime and point out those mistakes in a letter clearly pointing out those mistakes.

justwise:
[/b]



Explain the source of money in your account with paper evidence and avoid using your compay’s account as the funding source of your travel. Fund the trip from your personal account and not the business one.

justwise:
[/b]

If you own that business then it makes no sense paying yourself a salary, the profit from that business is completely yours and should be seen as that and not salary.

Explain the source of money in your account with paper evidence and avoid using your compay’s account as the funding source of your travel. Fund the trip from your personal account and not the business one.

justwise:


If these mistakes by the ECO are true then reapply anytime and point out those mistakes in a letter clearly pointing out those mistakes.

ifyalways:

I think thats same thing he want to do.

Transfer or pay in a certain amount each month from his profits/company account to personal account. Reapply using funds from personal account as opposed to company account

stefanimay:





I doubt the person would be rejected based on that only. .. All the embassy needs is proof of accommodation i.e to be sure that the family in d uk lives in that apartment.. They don't care how many people live there, as long as you don't mention it in your application... My two cents..

justwise:

I doubt that

aderemi166:



Congratulations Madam!

1.) Kindly confirm if you submitted tax card or receipts,

2.) Did you receive a "Not Straightforward mail"?

3.) Is Ikeja centre opened now? Please confirm if the collection was from there.

Congratulations again.

mulannoire:


Thank you @Ifyalways. If i understand correctly, i should transfer funds every month from corporate acc to savings but not label it as salary? So it doesn't have to be a fixed amount?

ifyalways:

I think thats same thing he want to do.

Transfer or pay in a certain amount each month from his profits/company account to personal account. Reapply using funds from personal account as opposed to company account

mulannoire:


Thank you very much @Justwise...you are too kind. I still have a few questions pls bear with me.
1. Do i transfer funds from coy acc to my savings anytime i want?

2. My biz is service based and is usually sealed via verbal agreements. What paper evidence do i submit in this case. Do i need to create evidence for every significant deposit in my corporate acc?

3. Do i submit my CAC docs/corporate acc to show ownership of business?

4. Must all significant deposits in my savings be from my corporate acc?

ifyalways:

It should be a fixed amount and it does not matter if you label it as salary or not. Do remember to mention in the form (other information) that you pay yourself this amount monthly from the company profits.

MaBuk:
Please i will be travelling from Nigeria to Kenya (Spend 5 days in Kenya) then from Kenya to Uk then Uk to Nigeria. Please what is required to enter Uk from Kenya. Do they need vacination document or any other document. I am a first timer in this. I need help on this.

eayobami:
I have gone back to check my statement and the transaction questioned was a cash transfer and not cash deposit and it was 1,634,600 and not 1,534,600 as stated by the ECO. And my submitted statement didn't end on may also as stated by the ECO in the refusal letter. The fund was for a supply I did for a band to acquire musical instruments for them . my statement of account shows the outflow of what I paid my dealer to supply me the goods and the invoice that I was issued. I also issued a receipt to them for the money I was paid. Both of this invoices was part of my application and also the transfer slip I used for that transfer to my dealer. The money wasn't lodged, I only made 140k profit from that transaction. Prior to that march I was paid 2.3m for an installation I did for a church and I also included the receipt I got for the equipments I bought. That 2.3m wasn't questioned at all.

Please what other ways can one prove source of find apart from receipts and invoices looking at the nature of sound engineering job being informal. Just a phone call , negotiate price, submit list and you get paid.

Please I want to reapply asap.. My fiancé is coming to Nigeria this weekend and we plan going back together for the Christmas and new year holiday.
Thanks.

justwise:
[/b]

You can't pay yourself a salary when you run one-man business because all profit is yours. Better to transfer the money to personal account as profit and not salary.

justwise:
[/b]

You can't pay yourself a salary when you run one-man business because all profit is yours. Better to transfer the money to personal account as profit and not salary.

justwise:
[/b]

You can't pay yourself a salary when you run one-man business because all profit is yours. Better to transfer the money to personal account as profit and not salary.

mulannoire:


Thank you @Justwise @ ifyalways.

If i make about 500k monthly (fluctuates)...can i pay 350k as profit into my savings monthly?

I have 2 savings and intend to split the 350k with one part going to my proper savings acc.

Pls bear with me i know my questions are plenty

kokoli:
Good Evening everyone. Please i need some clarification on the checklist. I suppose not all the items in the checklist should be provided rather only the one that concerns you. please can someone shed more light?

blank:


In running a business, you need to pay yourself a salary and properly categorize the rest as profit. The profit can be invested, reinvested in the business or spent, up to the owner. But you need to recognize a salary for yourself as part of your operational expenses. It's Entrepreneur 101.

mulannoire:


Thank you @Justwise @ ifyalways.

If i make about 500k monthly (fluctuates)...can i pay 350k as profit into my savings monthly?

I have 2 savings and intend to split the 350k with one part going to my proper savings acc.

Pls bear with me i know my questions are plenty

ifyalways:

Nay, you can and should. All profit is not yours to spend . The right term though is owners draw not salary.

justwise:


Which item on the checklist are you planning to leave out?