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Business accound whilst on IVA (trust deed)
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evadanit
Posts: 25 Forumite
Please help!
My husband is going to go contracting in the UK, and they have said they will employ him, but need a business bank account.
He went on IVA (trust deed) last year to help pay off his debts (he was £87k in debt).
He has got a business name set up, and paid the fee for that, ,he just needs a business account!
how will he go about doing this?
My husband is going to go contracting in the UK, and they have said they will employ him, but need a business bank account.
He went on IVA (trust deed) last year to help pay off his debts (he was £87k in debt).
He has got a business name set up, and paid the fee for that, ,he just needs a business account!
how will he go about doing this?
After working for a call center in Clydesdale bank I realised that reading the small print is the best thing to do in this World! :rolleyes:
0
Comments
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If he is a sole trader what fee has he paid and why?
If he gives his clients any account number how will they know if it is a business account or not?
He also needs to take out Public Liability Insurance - any decent broker can help him there.0 -
he paid a fee to set up his plc online.
He needs a separate bank account for the Taxes etc..After working for a call center in Clydesdale bank I realised that reading the small print is the best thing to do in this World! :rolleyes:0 -
So he has set up a Limited company and is not a sole trader.
In that case he will require a bank account and the only answer I can give is to go down to some local banks and see what they can/will offer.0
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