Bank Accounts for Small Businesses
All limited companies must have a separate business bank account. If you’re self-employed, you can use your personal account, but there are still many benefits to setting up a dedicated account for your business.
The Financial Services Compensation Scheme (FSCS) protects customers’ deposits should a financial institution fail. Are business bank accounts also covered by the Scheme?
If you have cash reserves built up in your current account – either retained profits and/or money put aside to meet future tax liabilities, then now is the perfect time to open a business savings account.
If you’re starting up, do you need a separate bank account for your new business? The answer depends mainly upon the type of business structure you choose to work under.
The Cashplus business bank account is an innovative, 24/7 online banking current account. It’s designed with ease of use in mind, with an expedited application process that makes it fast and easy to sign up.
One of the first things you will do when you set up a new business is to open a business bank account. The easy thing… Read More »Concise guide to choosing a business bank account
One of the most frustrating things you will come up against as a small business owner are bank charges. Unlike personal banking, where we are… Read More »How to keep your business banking charges low