Soz
Well-Known Member
Hi guys
Can anyone confirm if there is any difference (legally and with regards to the Inland Revenue) between giving yourself a business name ie "Nails By Joe" or simply trading under your own name ie "Joe Bloggs". Is the only difference that by having a business name your are making people aware of what you do or does having a business name make everything (IR, tax, accounts etc) more complicated?
Not sure that I've explained what I want to know very well :o .
I know that you only have to register limited companies with Companies House.
Thanks for any help
Sarah
x
Can anyone confirm if there is any difference (legally and with regards to the Inland Revenue) between giving yourself a business name ie "Nails By Joe" or simply trading under your own name ie "Joe Bloggs". Is the only difference that by having a business name your are making people aware of what you do or does having a business name make everything (IR, tax, accounts etc) more complicated?
Not sure that I've explained what I want to know very well :o .
I know that you only have to register limited companies with Companies House.
Thanks for any help
Sarah
x