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Tag: #soletraders

Self-employed/Sole Traders: Personal Bank Account vs Business Bank Account

Posted on 11 October 202218 August 2024 by Julia Zhu
Self-employed/Sole Traders: Personal Bank Account vs Business Bank Account

It’s not a legal requirement for sole traders to have business bank accounts. It’s fine if you use your own personal bank accounts. However, there are a number of benefits of setting up a business account if you are self-employed or a sole trader.

Posted in BookkeepingTagged #selfemployed, #smallbusiness, #soletraders
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