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    Self Employed Bank Account
    • #1
    • 22nd Dec 04, 12:03 PM
    Self Employed Bank Account 22nd Dec 04 at 12:03 PM
    I am just about to regsiter to be self employed. I already have a current account with Cahoot, but I'm wondering if it would be better to have another current account dedicated just to in and outs of the business i.e to keep everything separate.

    Also I think it would be better to receive statements in the post from the bank/building society for the purpose of record keeping. The one downside of Cahoot in this respect is that the only statements are the ones I print and I'm not sure if that is acceptable to the Inland Revenue.

    Does anyone have any advice about this ?

    A quick look around the web sites and LloydsTSB seem to have a current acct that would fit the bill, and there is also a branch in my town

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