FHDDS35210 | Approval, revoking the approval and variations: policy: variations to the registered details: what variations need to be notified to HMRC

(The Fulfilment Businesses Regulations 2018, regulation 12-13)

The approved person must notify HMRC of any changes to its registered details. For the purposes of the legislation, the registered details are specified as all the information required in the application for approval. Key changes include:

• a change to their business address, company officials, phone number, email address, trading name and VAT number. New trading premises must be notified.

• changes to business entity - for example where a sole proprietor takes one or more persons into form a partnership.

• sale of business. The seller is responsible for letting HMRC know of any sale. If trading is to continue, the new owner will need to apply for approval.

• when the business ceases to trade as a fulfilment business