Bank account closed, nowhere to go.

born_again

xlnc99 said:

 ITs been established that is not not illegal to use a personal account for business. 

While it may not be illegal. It is in breech of banks T/C. So any bank is within their rights to close the account.
As someone in financial services. You should be well versed in ensuring T/C are not breeched.
Would be interesting to know if this has ever been tested in court. As google does not bring any up. 

Dr_Crypto

NedS said:

Dr_Crypto said:

Seems a bit harsh to say it is a business. I imagine lots of people occasionally sell things without running a business. For example if I sell some DVDs on EBay does this mean I am running a business? What about if a mate asks me to be a first aider at party and bungs me £100 for it? Am I running a first aid business? 

This really isn't difficult and has already been answered more than once in this thread. If you are selling personal items that you own like DVDs on Ebay then that is not a business. If however, you buy DVDs with a view to resellling them for profit, then that is a business. If you turn up to an event and provide a service for a fee (first aid), then yes that is a business. HMRC require anyone making more that £1000 per year to register as a sole trader and to file self assessment tax returns for their business. If you only offer first aid at a couple event per year, earning less than £1000, then you still have a business (just not a very successful one) and are not required to register with HMRC nor file tax returns as all businesses are allowed a minimum £1000 expenses per year, regardless whether they have incurred them or not, so by definition your allowable expenses would be more than your business income and there would be no taxable income to declare.

Whether you consider that harsh or not is not really relevant - those are the rules as set out by HMRC which everyone must follow. The fact that some people choose to ignore them and that HMRC do not seem overly aggressive in enforcing them is irrelevant.

I'm not sure it is irrelvant. The issue seems to be that the bank has closed the account as they claim the OP's friend is running a business. HMRC aren't involved at this juncture, although as you've made clear it should be a registered business (especially as they are a registered dog breeder). 
How would the FOS view it? Would they say my £100 a year first aid "business" is such that I need a business account for it? 

onwards&upwards

Regardless of the issues around the banking T&Cs, I can't be sad about anything that might put off an irresponsible backyard breeder from making money off unscrupulously breeding from their pets.  There's far too much of it going on and its hugely detrimental to animal welfare in this country. 

Tell your friend to get her dogs neutered. 

Ngozi

Can't believe no one asked what type of dog and pictures of the puppies?!?!?1
Someone must be curious