business-banking

  1. Do you need a business bank account as a sole trader in the UK?

    Do you need a business bank account as a sole trader in the UK?

    There were 3.2 million sole traders based in the UK in 2021, making sole traders the most common form of business in the private sector. When operating as a sole trader, there is no legal requirement to open a business bank account. Business bank accounts are only required if you’ve set up a...
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