cristinamia
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Went on to check your answer and saw the change in your signature and a big smile appeared on my face!!!! CONGRATULATIONS!!!! I am soooo happy for you! I am pretty sure you won't need to worry about your upcoming trip back to Europe
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not that I'm an expert but I read a lot about it as I needed to do the same and didn't want to damage any progress so far. I took 2 months off unpaid as I did not have enough holidays and because of family reasons I really needed to be back home. I made sure I took it in a period with low workload and made sure 2 people, with 2 different skills set covered my work and also made sure I was available remotely in case of emergency. Under the Migration Acts and Fair Work Act 2009 we are covered by the National Employment Standards.Leave without pay is additional to any other form of leave which an employee is entitled to take. It is usually granted only when an employee has used up all his/her entitlement to other forms of leave.The length and terms of leave without pay are subject to agreement between the employee and employer. Leave without pay (LWOP) is permitted whilst on a 457 visa for up to a year, where agreed to by the employer and documented, as long as you do not work for another employer during any period of LWOP. The genuine need for a position and consequently your position within the company cannot be questioned because you need to take unpaid leave for various circumstances. Now, few tricky things to consider, you are generally protected from dismissal in case of sick/unpaid/long leave but not anymore in these cases: now the other tricky thing: you are on bridging.. so you should read your entitlements for that visa. As far as I am aware they should be similar to the last valid visa you held before going into bridging. Now ..up to you. Hope this helps...
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also correction... there is no requirement for the revenue to be above 1 mil unless your occupation has caveats ... my bad!
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Based on my knowledge the immigration department looks at the margin, and in your case is >1mil which would satisfy the requirements. I am not sure how they interpret the losses. In my opinion a company's loss at the end of the FY it is not a good indicator of how well the company is going and/or if it can afford paying salaries and other liabilities, but again I do not know how the department takes this into account. At the same time the ratio between current assets ( assets that can be converted to cash within 90 days or in the shortest time possible) and current liabilities is quite low ( meaning your company might take a while to pay his short term debts) but again, this is something that an investor is generally looking at not the immigration department. All summed up these are pretty standard figures for a restaurant. Maybe they should go a bit easier on those entertainment expenses for now make sure these financials are reviewed by an accountant that can certify that based on the current results the company is able to afford sponsorship for the following years.. hope this helps...
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I know it by heart .. including the Nov 17 accountant who hasn't replied to the question in his comment update section ..so wondering if there are any silent accountants who have decided not to add their case on the spreadsheet.
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Hello guys! trying to ask again, any accountants waiting and since when? Goodluck to everybody!
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Hello all! Any accountants from 2017 or early 2018 still waiting?
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pretty sure they have a huge workload . Plus, not every application they review is tracked on this forum. Patience and goodluck ?
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Hey guys..did any of you take unpaid leave whilst waiting for the visa application results? I am currently looking at taking 2 months off to visit home and spend more time with family and my manager agreed as long as it will be after year end, Currently, under my 457 I am entitled to 90 days of unpaid leave, but I just wanted to double check if anyone else has considered this and went for it or not. Thanks
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at least it not received anymore
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Battle of the immi memes Thursday: When they blame us for clogged infrastructures and housing affordability
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Happy Thursday guys! Keep Calm and carry on!
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I would say: forecast, and to be certified by a certified independent accountant with corresponding letter from him, business plan- expansion plan and explanation why is your business spending more than it's making, evidence that, despite spending more than it's making , it can afford a foreigner on a PR for the following years, and solvency declaration by company director/s. That is what comes in my mind. Operating at a profit isn't always an indicator of how good a company is going.
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@XxazHeh..I can tell you what I did which cannot guarantee your success and my case was related to a 457. I was in a similar situation , my MA did a mess, got my nomination rejected, I fired him, asked advice here and there and kinda followed my instincts. I filed in the case with the ATT and at the same time I reapplied for a new nomination and asked the department to attach my visa application to the new nomination. I got the approval in 2 months and withdrew the ATT application. I am so sorry for your refusal. I know how hard it is but there are ways to work around it!!! Good luck with everything!
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Hi.. my company is showing loss for 2 years as well but explainable and we showed 2-3 years forecast demonstrating recovery and revenue increase + tax accountant letter supporting the growth. I have not received any answer yet from them but I am hopeful. You could reapply for the nomination and add additional documents showing that despite the loss the company is operative and solvent. Many companies ( especially the ones part of groups under same shareholder) operate at a loss for tax reasons. I did apply in the past to ATT because my 457 nomination was refused, but then I withdrew the application as I have resubmitted the nomination with further documents.
