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Thread: Company names and vat registration

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    Company names and vat registration

    A question, If i am a sole prop and i am registered with vat, can i be trading under a variety of names using the same vat number?

    ie: Joe Soap...vat number 123456
    trading as

    (names just used for example)
    Joes plumbing
    Wood creations
    Ally creations
    Joes power tools
    etc..
    all with the same vat number.
    Can i use the same bank account for all the names, in other words can i open 1 bank account under the name Joe soap and use it for all transactions.

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    Site Caretaker Dave A's Avatar
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    I stand to be corrected, but when it comes to VAT, I should think your "trading as" names should be listed on your VAT registration in the trading name section.
    The trouble with opportunity is it normally comes dressed up as work.

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    Diamond Member Justloadit's Avatar
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    If I am not mistaken, the "Trading as" has also been recently abolished, and requires you to register each entity as an individual business.
    Victor - Knowledge is a blessing or a curse, your current circumstances make you decide!
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    thanks for that info, i need to do a little more research into this.

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