That can be tough too but I'll bump this up in the hope one of our self-employed posters will see it. As a sole trader, are you allowed to operate with a personal account? x
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I don't think you're supposed to use your personal account for business purposes but I don't see that I would actually use it for many transactions so I could probably get away with the odd bank transfer. I think I'd mostly take payment in cash otherwise I can send pay pal invoices. I think thats the plan!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi Rachel. We use our personal account for business use (don't tell the bank that though!). But, as our business is a service industry the payments in are very much akin to paying in wages, with very few expenses.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
