I have finalised all the banking stuff, opened accounts as i planned and took the time to understand the fees for each account and ways to save on interest, monthly fees and transaction fees.

Now the next step, What to do about the Sole prop and CC

Would it be as simple as to stop trading as a sole prop and advise all my customers that my company name and banking details have changed.

Leave the sole prop as is for a couple of months while the customers get use to the change, then close it and deregister from Vat.

The reason i am thinking like this is because at present i pay an accountant to do my Vat every 2 months, if change to the cc which is not Vat registered i only need to get the accountant to sort out the books every 6 months.

My vehicle is paid off and i no longer have any outstanding accounts, everything is paid up, so now is a good time for change.

My Vat is up todate and i havent purchased anything recently which i would need to pay back the Vat.

I paln on purchasing a new vehicle, but it will be a VW crew cab and i cant claim the vat back because it is not a panel van. The strange thing about this, you cant claim the Vat but if you have an accident with staff in a closed van not suitable for carrying staff, you cannot claim workmans comp.

Most import i have down scaled, so i no longer have to worry about the Vat threshold.

Any words of wisdom?