Business account - questions

Discussion in 'Accounting and Taxes' started by MikeeCZ, Aug 15, 2016.

  1. MikeeCZ

    MikeeCZ
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    Hi folks.

    Firstly thanks anyone who spends their time trying to help me.

    I was wondering - What is the actual point of "business account" for me as a Sole trader when banks inflict quite nasty fees of having such. Why not just having two current accounts and using one for business money only and the other for personal? Maybe even with two differend banks? I am not interested in "inverstors" or "business loans". All i want is my bank to clearly see what money i am actually making as a person for my UK credit and future. I dont really run a business as such, i just provide services as a freelancer and i am not interested in expanding or anything.

    Again thanks very much for your time
    Mike
     

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