Sole trader - Different trading names

Original Post:

Xcwebsite

Free Member
Oct 7, 2022
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I am registering as a sole trader but I run two unrelated businesses. One is a website & the other one is a live streaming company. Can I register with my names been the company and then have these two businesses as trading names ? Would it mess up how I sort my tax etc?
Thanks!
 
Solution
If you're a sole trader then you don't have a company. You register as self employed and complete a separate set of self emplopyment pages for each businesses on your tax return. Your tax due will be calculated on the combines profits of both businesses, plus any other income from employment or property etc.

StevensOnln1

Free Member
Business Listing
Dec 10, 2011
3,688
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863
Gloucestershire
www.ghxhosting.com
If you're a sole trader then you don't have a company. You register as self employed and complete a separate set of self emplopyment pages for each businesses on your tax return. Your tax due will be calculated on the combines profits of both businesses, plus any other income from employment or property etc.
 
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