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How do I upgrade from Self employed status to small company and do I need a company registration to do it?
Hello the_real_clare_davis,
You cannot upgrade to the small company product - you will need to cancel your Self Employed product and take out a new subscription with QuickBooks Online. You do not need a company registration to do this.
Please let us know if you have any further questions.
Thanks,
Talia
Do we lose all our data if we cancel our subscription and then re-purchase?
Great to hear from you here in the Community, Stee90.
For any QuickBooks paid and trial subscriptions, we keep your data intact for up to a year after the cancelation date. Your data will still be available if you decide to resubscribe within that period.
If you resubscribe after a year, you won't have access to your previous data. I'd suggest you print forms and reports you might need in the future.
Learn how to resubscribe your QuickBooks account. As your reference, read through our help article: How to Resubscribe or Reactivate QuickBooks Online. It has a step by step guide and answers to the most common questions about resubscription.
Feel free to write again if you need anything else. We're always ready to help. All the best!
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