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Cccs - br

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  • Ineedaname
    Ineedaname Posts: 3,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    It's against most banks T&Cs and they don't like it generally because they prefer businesses to use chargeable business accounts. But what can the OP's husband do?

    You might get away with it easier by opening a Barclays account for the business the day after going BR.

    Maye other self employed members who have gone BR can comment on how they managed?
    When I joined, I needed a name. The forum members gave one to me...I am INAN :D
    "Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt
  • dojoman
    dojoman Posts: 12,027 Forumite
    Ineedaname wrote: »
    It's against most banks T&Cs and they don't like it generally because they prefer businesses to use chargeable business accounts. But what can the OP's husband do?

    You might get away with it easier by opening a Barclays account for the business the day after going BR.

    Maye other self employed members who have gone BR can comment on how they managed?

    I didn`t say not to use it I just said to be careful, if they get a sniff of it being used as a business account they will close it.
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • Ineedaname
    Ineedaname Posts: 3,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 8 November 2011 at 9:19PM
    Regarding income and IPA, it depends what that income is made up of. Only specific benefits are excluded, although all are included when working out surplus. It basically includes Government benefits and where the Government has stated a person needs xx to live on then the OR (as a quasi Government department) is unable to disagree with that by saying there's surplus for an IPA!

    Dojo - Sorry, didn't read it that you were saying 'not to', just pointing out it isn't only Co-Op who wouldn't like it if they spotted the non personal use. Hopefully as I said someone will help out by posting experience of going BR and continuing a self employed business.
    When I joined, I needed a name. The forum members gave one to me...I am INAN :D
    "Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt
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