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Banking

If you’re self-employed, you can use your personal account for your business, but there are still many benefits to setting up a dedicated bank account for your business.

  • Do you need to open a separate bank account for your business? It depends…
  • How to choose a business bank account as a sole trader

Read our in-house Tide and Zempler reviews.

fscs sole trader self employed

What is the £120,000 FSCS and does it apply to business bank accounts?

December 1, 2025
We look at what the Financial Services Compensation Scheme (FSCS) is and how it protects sole trader and limited company bank deposits.
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multiple business bank accounts

Can you have multiple business bank accounts as a sole trader?

November 7, 2025
Can you use more than one business account as a sole trader? Learn when it makes sense, how to stay organised, and tips for managing multiple accounts.
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raise money new business sole trader limited

How to raise money to start and grow your own business

October 1, 2025
Starting on your own? Explore the main ways to raise money for a new business — from personal savings and bank loans to grants, crowdfunding and investors.
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tide small business bank account

Tide small business bank account – £50 cashback!

September 1, 2025
We have set up a partnership with Tide, which is trusted by over 1.5m businesses. Find out how to open a free business account. Plus get £50 cashback.
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bad credit business bank account

Can I open a business bank account with bad credit as a sole trader?

August 6, 2025
How to open a business bank account as a sole trader even with bad credit. Compare Tide and Zempler, see how their no-credit-check process works.
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open bank account before start trading

Can you open a business bank account before you start trading?

July 28, 2025
Find out if you can open a business bank account before you start trading, and what banks need to see before activating your account.
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card reader small business

Should I use a card reader for my small business or self-employed work?

July 16, 2025
Thinking of using a card reader as a sole trader? Here’s how they work, what they cost, and when it makes sense to take card payments.
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personal bank account for business

Can you use a personal bank account for your business – and should you?

July 16, 2025
Sole traders can use a personal bank account, but should they? Here’s what HMRC says, the risks involved, and when to switch to a business account.
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card reader merchant account sole trader

Do I need a merchant account to take card payments?

July 14, 2025
Most self-employed people don’t need a merchant account in 2025. Here’s how card readers work instead, and which setup suits your business.
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zempler bank

Zempler Business Go bank account fees + review

July 12, 2025
Our Zempler Business Go review covers features, fees, pros and cons, and how it compares with Extra and Pro. A good choice for the self-employed.
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Tide Bank Account – £50 Cashback
Tide business bank account

Free account + £50 cashback via ByteStart

Open a Tide account

Brand new ByteStart guides
  • What is the £120,000 FSCS and does it apply to business bank accounts?
  • Small company owners hit hard by April 2026 dividend tax increase
  • Autumn Budget ’25 – Chancellor hammers small business owners again



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