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Answered2 years ago

Do I need to notify HMRC if my business is now online and will showing bank statements in GBP suffice for my Thai visa application?

Raul ***********
asked Sep 6, 2024
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*HELP*

Not sure about this details guys 👇🏼

1- My business is registered in the UK, I have tax return pdf submitted to the HMRC for the last five years - 2019 till 2024.

My business was in person and I am registered as soul trader, 2 years ago I moved my business online, working with Instagram, I have proof of payments from Clients on Stripe all around the world, and obviously Instagram page.

It’s enough to provide that I work fully online, or should I get in touch with HMRC and change something?

2- The 500k bath can be on a bank statement UK in ££??? Right now, the equivalent is £11.200 I will make sure to have at least £12000

Thanks in advance for who will answer 🙏🏼
Answer summary
The user seeks clarification on whether they need to update their HMRC details after transitioning their UK registered business online and if providing UK bank statements in GBP will meet the financial requirements for a Thai visa application. Community members suggest that showing proof of an online business operation is sufficient and encourage the user to prepare consolidated documents for submission.
7 repliesnewest first
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Click comment and we will ask for your email, then OTP, then name.

Cheryl **********
Cheryl **********
You should be fine. It’s all done online and if they need further information they just send you an email and you resubmit what they need it’s very good. You can only upload one document per area so if you have e multiple things to send you will ah e to try and get them into 1 document and also size is an issue.
Andi ***********
Andi ***********
You are fine, just show how your business operates online.
Raul ***********
Raul ***********
OP
@Andi **********
do they ask you to link the page/website of ur business? I found the thai website very basic when I applied for tourist visa, one file per upload and no chance to speak with anyone was so annoying in the end I did it
Raul ***********
Raul ***********
OP
Appreciate mate thanks
Andi ***********
Andi ***********
@Raul **********
They would expect you to show your website/online links etc. if you don't give sufficient evidence they send an email requesting it. Just give as much as you can first, you can see from others similar to yourself they upload website, social media links/pages.
Colin ********
Colin ********
I submitted a company headed leter confirming I was a remote worker on a permanent contract that worked for me
Raul ***********
Raul ***********
OP
@Colin *******
can u explain this mate please?

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