Page 2 of 3 - Business Current Accounts

Jeff Salway

A bank mandate or account mandate informs the bank who can take financial actions on behalf of the company. Read on to learn more about how a bank mandate works and how to set-up and change one.

Jeff Salway

There are several reasons that you may choose to close your business bank account, these include if you have ceased trading or you want to switch accounts. Read on for how to close your business account and a handy checklist of key considerations.

Nic Redfern

IR35 is legislation designed to ensure that contractors and businesses pay the correct amount of tax. So how do these tax rules work and are you paying the right tax?

Mic Wright

We are living in a difficult time. It’s also a time when fraudsters see opportunity. With so many people at home and spending more time online, the chance to run scams is almost irresistible to some dishonest people.

Nic Redfern

Day to day, there is little distinction between self-employment and being a sole trader. You might be asking yourself: what is the difference, and how does it impact me? Below, we explain the meaning of these terms.

Tess O’Leary, ANNA Money

So you want to know more about VAT? It can appear to be wrapped in mystery if you've never had to pay it before, but being VAT registered could bring real financial advantages. Read on for everything you need to know about VAT, but were too afraid to ask.

Nic Redfern

Many ambitious students will ask the question of whether you can start a business at university. The answer is a resounding yes. More than one in four, 26% of students plan to start a business while at university, according to Santander Universities. That’s just under half a million new businesses.

Nic Redfern

The legal status you choose for your business has major implications for tax, earnings and even survivability. Should you be a sole trader or a limited company—and how to reach that decision?

Nic Redfern

If you’re considering starting your own business, you’ll need to choose a company name when you set up a limited company. Below, we look at how to decide on a name and how to register it with Companies House.

Suzanne Worthington

Are you using a personal account for your self-employed income? Using a sole trader business account instead separates your finances and simplifies your accounting. Here’s our guide for freelancers, contractors and sole traders.

Nic Redfern

Budgeting is something of an art form, and it’s absolutely non-negotiable – especially for small businesses. Here we teach you how to create a business budget to manage your business’s finances.

Nic Redfern

Remote working has been linked to reduced employee turnover, lower organisational costs and increased employee productivity. Is it time to implement it into your long-term business strategy?

Nic Redfern

In this current climate, it is important to have a realistic outlook on how your business is performing, both now and in the months to come. Producing a cash flow forecast is key to setting realistic short-term and long-term goals.

Peter Adams

As a business owner, it's likely that you will deal with business banking, so it’s important to understand the various banking terms. Things can get confusing with UK and US banking terms, which can differ in meaning. Read on to find out the differences, and how to choose the right approach.