Can you have two tax ids?
- Thread starter scriptox
- Start date
suga051982
Regular Member
- Jul 22, 2009
- 222
- 33
It sounds like you have 2 DIFFERENT company's and want their business dealings kept separate. If this is correct, then yes, having two tax ids is legal.
Gallifrey2
Newbie
- Mar 18, 2012
- 6
- 4
Suga is correct. You can request a TIN for each new entity. I have several my self.
Stoudenmire
Registered Member
- Nov 13, 2012
- 99
- 23
You can get a new ID for each new earner 
Best of luck,
Stoudenmire
Best of luck,
Stoudenmire
- Sep 30, 2012
- 1,617
- 1,313
Sole trader means you and the company are 1, whatever affects the company COULD affect you.
Open Ltd companies, however they are more strict, so just be careful on what you do.
/E: in fact, you can simply open another sole trader, it will have another tax id since it is another entity, even if it is still related to you.
As soon as you register you will receive your companieshouse reg number and you will see that you'll have a different tax number as well.
So should i register under companieshouse website and not the hmrevenue site?
Well a company is treated as different entity and has separate legal status than that of It's promoters and directors
So, one can form own two or more corporations or one proprietorship firm and corporation(s) but if two proprietory firm will be treated as a single Tax entity i.e. Proprietor. All these structures are totally Legitimate nothing wrong in them.
Moreover, Tax status and structure may also differ from country to country and their respective laws.
- Dec 19, 2009
- 7,649
- 3,087
if you operate them from two different states,, it is possible i guess
Moneyman94
Junior Member
- Sep 2, 2010
- 118
- 38
Set up two different entities and you can easily have two EIN's.