Do u have to register to HMRC twice
pinoyLiz
Registered Posts: 92 Regular contributor ⭐
Hello, if you are registered with HMRC as self-employed with your first business and thinking to do a second business different from the first one, do u need to register again or u can declare the second business's income as other profit on your first business SA return??
Any ideas? Thank you:001_smile:
Any ideas? Thank you:001_smile:
0
Comments
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Hello, if you are registered with HMRC as self-employed with your first business and thinking to do a second business different from the first one, do u need to register again or u can declare the second business's income as other profit on your first business SA return??
Any ideas? Thank you:001_smile:
If limited it has to be registered with compaines house but otherwise no as you only have one unique tax reference number, and yes it has to be declaired as income on you s/a return.0 -
Hi A-Vic,
It is still a self-employed/sole trader business. Although the first business is on different trading name from the second one,all I have to do is declare the two business but sum up their profit? Thank you0 -
IF the nature of trade is different I would fill out 2 self employment pages0
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Thank you Bluewednesday,
That's what I thought so, but I was not sure about the HMRC registration before. Thank again0
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