Changing Limited Company Name

[Gaz_M]

There is only One LtdCo. The others are just trading names for a 'brand' if you like, but all income and expenditure goes through the LtdCo and the same Tax & VAT rules apply.

Ok thanks. It won't work for me then.

[SueEllen]

Ok thanks. It won't work for me then.

Sounds like you need a new company set up, or do it as a sole trader. If it's your wife's/partner's business and they are a low rate tax earner than they can set it up as a sole trader.

[Gaz_M]

Sounds like you need a new company set up, or do it as a sole trader. If it's your wife's/partner's business and they are a low rate tax earner than they can set it up as a sole trader.

Thanks Sue.

Would you suggest using something like FreeAgent to keep the books up to date & then pass them to my accountant at year end to balance everything up?

Also, if anybody can help, can my Ltd Co lend money to my Sole Trader Co as a business loan? If so, does anybody know when repayments have to be made by?

Thanks in advance.

[SueEllen]

Thanks Sue.

Would you suggest using something like FreeAgent to keep the books up to date & then pass them to my accountant at year end to balance everything up?

Also, if anybody can help, can my Ltd Co lend money to my Sole Trader Co as a business loan? If so, does anybody know when repayments have to be made by?

Thanks in advance.

Speak to your accountant first as it will make your personal tax complicated if you do it. This is why I mentioned your wife/partner.