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evansvisualarts evansvisualarts is offline
Starting Out
Join Date: Jun 2005
Posts: 13
Informing the Inland Revenue

I set up a business not long back but it didn't make any money at all (in fact it just lost money). However from they scheme did come a much more successful idea. So the inital business was closed down and now I am just starting to set up the new one. I was just about to inform the Inland Revenue of the inital business but as it has folded there was no need.

Technically do I still have three months to inform about the new business? I didn't make any money from the original business and the new one has cilents waiting but it is not operational yet so no money has been taken on that.

Thanks for any advice

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