Originally Posted by
alanR
IF properly declared - in which case it would be income - but one of the problems OP is having is declared income.
The grounds on which the visa was rejected was a low bank balance, not low income - two different things. The OP has explained that money is kept in the company account and that he transfers money to his personal account as and when required - which is a fairly normal way of operating for small business owners. Since companies and company directors are required to submit tax returns there is no way in which money could be transferred from a company account to a personal account without being declared as either salary or dividends.
But none of this debate about small business accounting is going to help the OP... and I can't actually see any easy way out of the problem other than to bite the bullet and pay a large salary or dividend so that the OP's personal account shows the large balance the embassy seems to want to see.
(stuc100, are we talking about a Personal Service Company? Maybe this is a concept the embassy simply doesn't understand...)