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You must tell HM Revenue and Customs (HMRC) about any change in your money, work or home life if you're getting tax credits. HMRC calls this a 'change of circumstances'.
An AFSL cannot simply be transferred to another entity, even within the same group of companies. When a person buys an existing licensee, what they are really doing is buying the shares issued in the company that holds the AFSL.
You must notify us at least six weeks before each occasion. You can notify us earlier than six weeks and you can notify us of more than one date on the notification form.
This form can be lodged electronically through the ASIC Website or through Standard Business Reporting (SBR). AFS licensees should retain signed copies for their records. AFS licensees are required to prepare a profit and loss account and balance sheet under Chapter 7 of the Corporations Act 2001.
Can You Change Your Self-Employed Business Name? Yes, you can change your business name and many people often do.
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Yes, you can call HMRC on their helpline number to change your address. The HMRC change of address contact number is: 0300 200 3300. Make sure you have your National Insurance number with you when you call.
The most efficient way to complete and lodge form FS20 is online via our Licensees portal. Or you can download and print a paper copy of Form FS20 and lodge it by mail or in person.
You need to tell HMRC if you've changed your name or address.

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