Expat Forum For People Moving Overseas And Living Abroad banner

Status
Not open for further replies.
1 - 1 of 1 Posts

·
Registered
Joined
·
35 Posts
Discussion Starter · #1 ·
Question: I understand all 200k must be used towards UK business purposes. I have two questions:

1. If some funds are used for loan repayment, but as revenue comes in and revenue money is used towards business expenses and business expenses (not including loan repayment) exceeds 200k does that count towards the requirement? Or have I already possibly screwed up in using some of the ORIGINAL 200k in repaying back the loan?


Leading me to the second question:

2. Do ALL 200k have to be used before application renewal?
 
1 - 1 of 1 Posts
Status
Not open for further replies.
Top