Invoicing with a trading name

Discussion in 'Accounts & Finance' started by Tony1961, Jan 14, 2021.

  1. Tony1961

    Tony1961 UKBF Newcomer Free Member

    2 0
    I have two businesses. One for consulting and another a tech company.

    I want to invoice consulting clients from the tech company, using the consulting business as a trading name. Is this possible?

    Info:
    1. I don't want to be freelance/sole trader, but the consulting business is just me.
    2. Earnings get invested into the tech company.
     
    Posted: Jan 14, 2021 By: Tony1961 Member since: Jan 14, 2021
    #1
  2. MyAccountantOnline

    MyAccountantOnline UKBF Legend Full Member

    13,339 2,508
    Are both of your businesses separate limited companies?
     
    Posted: Jan 14, 2021 By: MyAccountantOnline Member since: Sep 24, 2008
    #2
  3. Tony1961

    Tony1961 UKBF Newcomer Free Member

    2 0
    not yet, only the tech company is at the moment. I'm trying to work out how best to proceed as I have a new consulting client to invoice soon.
     
    Posted: Jan 14, 2021 By: Tony1961 Member since: Jan 14, 2021
    #3
  4. StevensOnln1

    StevensOnln1 UKBF Big Shot Free Member

    3,410 742
    Just put Your Company Ltd t/a Your Consulting on the invoice.
     
    Posted: Jan 14, 2021 By: StevensOnln1 Member since: Dec 10, 2011
    #4
  5. Frank the Insurance guy

    Frank the Insurance guy UKBF Regular Full Member

    148 26
    you can have an invoice letterhead with just your trading name and in the footer can put something like....."ABC consulting is a trading name of XYZ Limited......"
     
    Posted: Jan 15, 2021 By: Frank the Insurance guy Member since: Oct 28, 2020
    #5
  6. STDFR33

    STDFR33 UKBF Big Shot Free Member

    4,574 1,224
    Invoicing isn’t relevant. Who does the client think they have contracted with, I.e who could they sue? If it’s you as an individual, then it will be self employed income and not income of the company.
     
    Posted: Jan 15, 2021 By: STDFR33 Member since: Aug 7, 2016
    #6
  7. consultant

    consultant UKBF Legend Staff Member

    5,772 820
    Invoicing is relevant.

    If invoicing for the sole trader as a ltd, the turnover becomes that of the ltd com[any, not the sole trader.
     
    Posted: Jan 15, 2021 By: consultant Member since: Jan 21, 2008
    #7
  8. STDFR33

    STDFR33 UKBF Big Shot Free Member

    4,574 1,224
    B0llocks.

    edit - absolute b0llocks.
     
    Posted: Jan 16, 2021 By: STDFR33 Member since: Aug 7, 2016
    #8