Business Investment Account

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ispookie666
ispookie666 Posts: 1,179 Forumite
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in Savings & investments
Does anyone have experience opening a Business investment account? There do not seem to be many providers, and they often cater to larger businesses.  
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  • dunstonh
    dunstonh Posts: 116,395 Forumite
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    I have done a couple.   Its not frequent but typically use the offshore bond wrapper as that gives more control over taxation (depending on your accounting method).   Although you wont have access to the offshore bond wrapper and will have to stick with direct holdings in a general investment account.

    Size of business is not an issue although you have to be careful that the investments you make don't turn your company into an investment company.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Futuristic
    Futuristic Posts: 1,131 Forumite
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    Interactive Investor, Interactive Brokers, InvestEngine
  • wmb194
    wmb194 Posts: 3,334 Forumite
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    AJ Bell.

    https://www.ajbell.co.uk/faq/it-possible-open-dealing-account-name-trust
  • ispookie666
    ispookie666 Posts: 1,179 Forumite
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    Thank you all.  I have an iBKR account for personal investment, and its not very user friendly.  
    ii looks expensive!   
    “Don't raise your voice, improve your argument." - Desmond Tutu

    System 1 - 14 x 250W SunModule SW + Enphase ME215 microinverters (July 2015)
    System 2 - 20 x 330W Jinko Panels + Enphase IQ7+ microinverters (Jan 2022) + Givenergy AC Coupled inverter + 2 * 8.2KWh Battery (May 2022) + Mitsubishi 7.1 KW and 2* Daikin 2.5 KW A2A Heat Pump
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