Can I Change My Business Name with Hmrc

Contact HM Revenue and Customs` Employer Helpline to make changes to PAYE. Alternatively, you can write to the Social Security and Employers` Contributions Office. You must inform Companies House of any changes to your corporate tax information before notifying HMRC. Inform HMRC of any changes to your business, including your correspondence address and payroll details if you are an employer. You can do this for all services except CIS. Updating your customers via name change is one of the most important steps to change your business name. You should inform them of the change before it happens so that they are aware of it. You need to express that you will continue to do the same work in the same industry to make sure you don`t lose your existing loyal customers. If they are suddenly contacted with a company name they haven`t heard of yet, your message may be ignored because they don`t know who you are. If they can no longer find your old business name online, they may assume that you no longer exist and ask your competitors for help. If you change the name of your business, it is important to inform local councils and authorities.

This is to ensure that your regular services are maintained. For example, garbage collection cannot be maintained if the board cannot find your business because it is looking for you under the old name. Your records must be up to date so that they can continue to provide their services to you. It is not uncommon for a company to change its name, legal structure or activity. Check how and when you can notify HMRC of a change in your company`s name, address or other details. Notice! All of the above applies to any changes you wish to make to the company, such as changing directors or addresses, so it may be best to make all changes together. You must inform HM Revenue and Customs (HMRC) if you change your name, business name or home or business address. We hope this article contains accurate information to help you understand the need to inform key departments of changes to personal or business details.

You must inform HMRC separately of any changes to your business if you are a contractor or subcontractor under CIS. Once the change is updated, the data subject will be asked for confirmation or more relevant information to update the most recent changes. Legal documents may be another requirement to support the company`s name change. For people who want to sign up for the first time, they need the following: Changing your business name can be associated with many things you need to consider as a manager. Some of these things will be obvious and already on your to-do list. Other things may not even have crossed your mind. We`ve created this list to make sure you`ve covered all the basics when you change your business name. If you change your name or home address or the business name or address of your business, you must notify HM Revenue and Customs. You`ll also need to update your registration information for taxes and systems, such as: Changing your company name will affect your emails. As this is one of the most common forms of correspondence nowadays, it is important to make sure they are up to date.

If your company`s old name was part of your email address, you can change it completely. When you do this, make sure that the forwarding is set up so that emails sent to the old email address are not lost while users adjust to the new name. You can write to your tax office to change your data. The address must appear on HMRC`s letters or you can call the Corporate Tax Helpline for general enquiries. There is an established process for forming a business partnership The “designated” partner should report the finding on the partnership`s final tax return. Note: In most cases, a partnership with more than two partners would also be dissolved. An exception may apply if the trading partners have already agreed otherwise. Note: There is an exception to special section D if you intend to inform HMRC of the gender change. Certain types of business changes can affect the status of your sales tax record. Therefore, you may need to register for VAT if the changes you report are for the company: you must inform HMRC 14 days in advance if your bank details change.