Two businesses registered by mistake

Question asked by Stephanie Norris 5 days ago

Hi,

I have set up clearbooks for sole trader. On my HMRC account it shows 2 sole trader accounts registered for MTD as I used a slightly different name when setting up the clearbooks account. Should I just change the clearbooks account details to match the HMRC account name exactly? Will this then sync with my existing sole trader account active for 40 odd years OR should i cease that business account on my HMRC page and stick with the name I set up with in clear books. For clarity i have only ever had one sole trader account - HMRC assumes 2 now because of the slight difference in name. TIA Stephanie

1 Reply

Hi Stephanie,

Updating the name in Clear Books will not merge two records on the HMRC side. In this case, you will need to select the correct income source in the MTD setup page. You will then have to cease the erroneous income source record in your online HMRC account to get rid of it.

Tommy

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