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Changing business name
Autor da sequência: Sarah Port
Sarah Port
Sarah Port  Identity Verified
Local time: 03:32
Alemão para Inglês
+ ...
Aug 1, 2012

I am operating as a sole trader in the UK and am intending to change my business name. Obviously I need to notify the HMRC, but will this pose any problems with them? For example, would I need to complete two tax returns for the tax year in question, one for each business? There will also inevitably be a short changeover period when I am still working on jobs I started under my old business name whilst starting to accept jobs under my new business name. How do I overcome this or am I just worryi... See more
I am operating as a sole trader in the UK and am intending to change my business name. Obviously I need to notify the HMRC, but will this pose any problems with them? For example, would I need to complete two tax returns for the tax year in question, one for each business? There will also inevitably be a short changeover period when I am still working on jobs I started under my old business name whilst starting to accept jobs under my new business name. How do I overcome this or am I just worrying unnecessarily?

Any help would be greatly appreciated. ▲ Collapse
 
Louisa Berry
Louisa Berry
Reino Unido
Local time: 03:32
Alemão para Inglês
Ask HMRC or an accountant Aug 2, 2012

I don't know the answers to your questions but I suggest you ask an accountant, or call the HMRC self-employed hotline, who I have always found to be very helpful.
 
philgoddard
philgoddard
Estados Unidos da América
Alemão para Inglês
+ ...
You can call yourself what you like. Aug 2, 2012

Assuming you're not a limited company, HMRC has no interest in your business name. You can change it as often as you like. If the nature of your business changes (for example you switch from translation to language teaching), you just need to report this on your tax return.
 


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Changing business name






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