Call us 0800 0523 555

Contact Us

*COVID-19 update: Many of our shops and offices are now open for face to face meetings with strict social distancing measures in place. We also offer telephone and video consultations for all new clients in order to discuss your needs. Find the latest COVID-19 information available for your business.

Separate bank account

I have just started my own business- can you tell me if I should open a business bank account please?

Assuming you are not operating a company, you are not legally obliged to open a separate business bank account. However, if you use a personal bank account to put the business transactions through, HM Revenue & Customs will have access to your personal accounts if they were to launch an enquiry into your affairs.

If you operate a company, you must open a separate business bank account for it- in the name of the company.

Call us today to make an appointment with your local office

Consultations available by telephone or video

0800 0523 555

Contact Us