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Can anyone explain - bank insist on two separate business accounts.

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  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Mistral001 wrote: »
    The reason the bank wants two accounts it would seem is because of the word "and" in the name of the business. If it was "farming AND hairdressing" , I see how the bank might want two business accounts, but not with "research and management".

    The Op needs to see someone higher up in the bank and maybe they will understand that it is not really two different businesses

    This is it.

    More than anything, it needs to come down to common sense, of which the bank seem to be missing.

    CK
    💙💛 💔
  • Slinky
    Slinky Posts: 11,014 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
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  • Wywth
    Wywth Posts: 5,079 Forumite
    Its obviously changed since I last did one. I am not self employed any more as I incorporated into a Ltd and the company accountant does my returns these days.

    At a guess, trading names? Legally there is only you irrespective of how many names you use or the variety of services you may offer under one or more names.

    Looking at the paper versions (of which the online version is exactly the same) I see the paper version for 2009 has the exact same wording as pooch gave for 2011.

    The 2007 version was entirely different, including the layout
    (I can't lay my hands on the 2008 version at present, so not sure what layout & wording that used)

    So it appears you haven't submitted a tax return for many years. When was online submissions first enabled?
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