Bank Accounts
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.
Key Guides
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Do you need a separate bank account for your business?
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.
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Tide small business bank account – £50 cashback!
We have set up a partnership with Tide, which is trusted by over 400,000 UK businesses, to provide completely free bank accounts for Bytestart visitors. Plus get £50 cashback!
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How to choose the best sole trader bank account
There’s no rule that says you must open a separate business bank account when you start working as a sole trader. In theory, you could use your personal bank account to receive client payments, pay…
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Concise guide to choosing a business bank account
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 to do is to use your personal bankers to act…
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Cashplus business bank account review
We look at what the Cashplus business bank account offers customers, as well as some of the pros and cons of using this banking solution.
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How to keep your business banking charges low
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 used to paying only to have an overdraft, most business…
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5 key facts businesses need to know about Open Banking
Open Banking is here and is about to transform competition in the banking and funding arenas. Since 13 January 2018 nine of the largest banks in the UK are governed by the new regulations introduced…
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How to write a business plan for you, not the bank
When you decide it’s time to get your business started, you’ll find the first piece of advice given by most experts is to “get a business plan written”. And they’re right; that is the first…
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The secrets of getting a business bank loan
Borrowing money from a bank to finance your business is a lot harder than getting a loan to buy a new car or to improve your home. Banks have a number of tough rules that…