Re: FN-FORUM Which way to go?

date posted 30th January 2002 17:07

You don't really "register" a trading name,
you genuinely do just decide
to trade as "".

You then tell the inland revenue.
that you want to become self-employed.
That's when you tell them your trading name(s).

Unlike a limited company,
there are not any restrictions (as far as I know)
about what name you can choose.

It feels, to me at least,
one of the very few areas of English Law
where you can basically do what you like.

I also talked to Customs & Excise,
but that was only because I wanted to get VAT registered.

Hope this helps

Andy


----- Original Message -----
From: Stefan Savva [EMAIL REMOVED]
To: [EMAIL REMOVED]
Sent: Wednesday, January 30, 2002 4:31 PM
Subject: Re: FN-FORUM Which way to go?


> Andy,
>
> With whom exactly have you registered your trading name and the fact that
> you're self-employed, I presume Inland Revenue want to know but is there
> anyone else?
>
>
> Stefan
>
>
> ----- Original Message -----
> From: "Andy Freeman" [EMAIL REMOVED]
> To: [EMAIL REMOVED]
> Sent: Wednesday, January 30, 2002 4:11 PM
> Subject: Re: FN-FORUM Which way to go?
>
>
> I'm self-employed.
> I have a trading name.
>
> It means that "doing the accounts" means
> keeping one box for receipts (money out),
> and one box for invoices (money in).
>
> At the end of the year,
> you derive the difference,
> and that's how much money you made.
>
> That's it.
>
> So, it's very simple,
> but very hard to avoid tax if you're making a fair whack.
>
> Also, if you work for big companies,
> they may make you sign all sorts of terms and conditions.
> If this happens, then being limited, in some form,
> is the only way to (e.g.)
> avoid losing your house if your software doesn't work !!!
>
>
>
>
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