Sunday, December 27, 2009

Business Advice - How can I get payments made to my personal name ?

I have now ceased trading as a Ltd company %26amp; gone back to a sole trader. Can i receive outstanding cheques in my personal name or would it have to be in the name of the sole trader company ?Business Advice - How can I get payments made to my personal name ?
If you have closed the ltd company, and informed HMRC that you are now a sole trader then yes they can be made out to you.





if you havent done the above keep the payments in the company name for accounting purposesBusiness Advice - How can I get payments made to my personal name ?
It should be in the company name, i assume you have a business bank account so you can pay it into that.

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