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Need Confirmation On Business For Tier1 (Entrepreneur)

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#1 tinafeb20


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Posted 02 November 2012 - 12:43 AM

Hi friendz,
Can anyone suggest me as My PSW is expiring in December 2012, I am planning to switch to tier1 (entrepreneur). If i register with HM revenue as Self-employed for example xyz company and my designation is Security Manager which is level 4 (NQF) as per codes of practice and my job is at graduate level apart from managing the business. can i go ahead with this and another question is do i need a business plan when i submit my application for tier1 (entrepreneur). i have clarity regarding funds and all but i am confused whether can i forward with above and be successful applicant. In anticipation of suggestions. which will help me a lot in lodging my application with confident..


#2 Gentleman of Leisure

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Posted 02 November 2012 - 07:43 AM

What will be your business activity? Apart from administering the business, what will be your day to day task(s) within the business?

Other than the work necessary to administer the business, your main business activity must be working at graduate level. We will not take into account the tasks involved with the running of the business for this assessment.
For example
• If the business is software sales and your main activity is developing software, you may qualify for points;
• If the business is a taxi firm, the main occupation is driving a taxi and you will not score points even though you manage the business. Your main activity is providing a taxi service which is not skilled to graduate level

#3 tinafeb20


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Posted 02 November 2012 - 09:50 PM

Many thanks for reply. My business activity will be providing security to industrial sites, clubs etc,, and job at graduate level will be as security manager, i will be assigning duties to subordinates, mobile patrolling on sites, training guards on job and of job, visiting sites on regular basis, promoting and marketing duties also will be involved. These are some of the tasks i will be involving in day to day activities. suggest me whether these duties are considered under tier 1 (entrepreneur) by UKBA and can i go ahead with the application. In anticipation of reply.

Many thanks.

#4 Victoria


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Posted 13 November 2012 - 09:05 PM


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