Hello, I have a small creative business that seems to be running well and to the best of my knowledge is set up correctly (ie registered with the Inland Revenue). Without going into technical detail, I now wish to branch my business into two seperate entities. The reasons for doing this is so that i can maintain the biggest part of my business (freelance photography) whilst focusing on a potentially profitable and connected area (digital retouching) without compromising client interest. Basically if the retouching doesn't work, I don't want it to effect my photographic work. So, here's my question. I wish to seperate the two parts of the business but not create an entirely new business for one. I wish to trade as two different names, one for each sector, whilst all the invoicing/tax returns are performed through one single sole-trading business. Can this be done? My business advisor at HSBC suggested that I could trade under any name I wanted if it was registered with them for business use. How would this effect my tax return? What would I put as my business name? I apologise if this sounds confusing, but I'm a little confused myself. If anybody could help or would like any further information, I would be grateful. Steve Newbold, Steve Newbold Photography