[LWC]

My accountant either said...spend a £1 or give the tax man 30p and keep the 70p...much bigger picture.

Crystal Clear, if they harasses you any more say youll move bank then, theyll soon shut up.

[stuart mc]

My accountant either said...spend a £1 or give the tax man 30p and keep the 70p...much bigger picture.

Crystal Clear, if they harasses you any more say youll move bank then, theyll soon shut up.

ok can't  get my head around this

but here goes, pay 1000 pound into business bank and get charged a tenner(this is just for discussion)

pay 1000 pounds into a normal account and no charges

you only pay tax on 990 pounds for the first scenario but you pay tax on the second for 1000 pounds

you don't have the hassle of grief from the bank, you can accept payments to your company name,

[LWC]

For discussion

1000 no charges, 300 roughly in tax

990, 297 in tax plus 10 charge = 307 out of pocket

And as you say for discussion...bank charges are alot more with a business account.

[stuart mc]

For discussion

1000 no charges, 300 roughly in tax

990, 297 in tax plus 10 = 307

And as you say for discussion...bank charges are alot more with a business account.

ok you win

[LWC]

[stuart mc]

no need to gloat

if I was sober I am sure I could put up an argument

[LWC]

Im only young so i could also be wrong but my youth also comes with ignorance so im right and your wrong and we'll leave it there.

[stuart mc]

Im only young so i could also be wrong but my youth also comes with ignorance so im right and your wrong and we'll leave it there.

lets go heads or tails,

heads I win tails you lose I will flip now if you like

[Frankybadboy]

why dont you lot read your terms and condition on your personal account,


fact personal account are not allowed to be used for business,just a banking thing and not a law thing




if you swap to santander at mo then you get £100 bonus

[mikecam]

they always had little digs at me but last weekend i paid in quite a few cheques in the cashier said what are these for ? im like drrr my job

i MUST open a business account she said u need to have one and you cant use your personal acc, i said no im a sole trader not a ltd and i do not need to have one she went on saying these cheques cost us money to process you are getting free banking i went on saying , i do NOT want to pay x amount per cheque or per transaction she said well you get a free period here take a card and speak to so and so he will open you one.but she was so serious about it.

im thinking , what the hell....i will open a business account when i am ready in other words when it is needed for the image of my business right now its an unnecessary expenses surely if it was law to have a business account as a sole trader the bank would write to us explaining properly not cashiers harassing us

I'm not sure how some of you guys live. WHats hard to understand that your bank does not want your business transactions going through your personal account? and its nothing to do with law either that your bank wants you to have a business account even though you're a sole trader. Anyway, when you decide for 'your business image' thats its right for you to get a business account, don't go for one of the many free ones whatever you do !!! Mountain out of a molehill or what ?

[bad trippy]

why dont you lot read your terms and condition on your personal account,


fact personal account are not allowed to be used for business,just a banking thing and not a law thing




if you swap to santander at mo then you get £100 bonus

only geeks read the small print

[bobby p]

id like to see the bank manager doing a day on the windows, wipe that smug look off his face with a cherry picker with a dodgey leg  , while i swop over and really mess up the books behind the counter

 itd make a good tv series come to think, job-swap u.k.

[LWC]

why dont you lot read your terms and condition on your personal account,


fact personal account are not allowed to be used for business,just a banking thing and not a law thing




if you swap to santander at mo then you get £100 bonus

Who reads the small print?

[richard jagger]

Open up an account with Natwest or HSBC they have automated machines so you don't have to talk to anyone, therefore no one can complain.

Some even let you pay in coins, adds up to an extra £50 a month for me, just from coins

Alex its crazy how a bloody cashier makes people wana only use those deposit boxes lol its as if we are hiding away from them! why cant they just leave us be!  


Remember bank teller are paid to open business accounts and worse the have targets to meet on this score.It alack of subtleness on the teller that they cannot sell you the benefits of a business account.I would tell my bank manager about this pressure by his staff. Then feel nothing to leave your bank as they will never stand by you. They are not loyal to anyone except there own income.If any bank treats you wrong move on.We are already taking up the slack for there poo that they got us as tax payers and we do not need to take there crap.

[richard jagger]

Forgot this, yesterday went to the bank and there deposit machine was down and the teller said I must fill in a form to deposit the cheques and cash , said sorry I cannot read or write and also a weak site. I will make a point of always using a teller to fill in my forms after all it is they who need the forms not me.

[bobby p]

im sure that once they suss youre paying in cheques its then flagged up on your account the next time you go in. ive seen the teller look crafty eyed  .  as if they might be ready to push a security button with their right foot

[richard jagger]

Don`t take poo from banks you are the customer.I will tell them were to get off.

[StockClean]

to be honest i have been considering opening a business account with lloyds tsb. been using personal account up till now, but looks like if i want to expand us much az i am planning then its a no brainer really.

[AuRavelling79]

"Most Banks" have contract rules. Most banks allow leeway but when it becomes obvious that you are using a personal account then at some point (depending on the bank; the cashier; the cashiers mood, time of the month, hassle from boss etc) they will flag it up.

You have a choice of a) complying b) leaving c) complying and moaning like a schoolgirl about a bad hair day d) leaving and stomping out like a schoolgirl who's had an argument about whether Simon Cowell was right to drop Cheryl Cole from X factor.

Simples!

Oh and going to Santander is like choosing a pre 55 reg Renault Trafic with an unmodified gearbox = dodgy!

 

[Frankybadboy]

"Most Banks" have contract rules. Most banks allow leeway but when it becomes obvious that you are using a personal account then at some point (depending on the bank; the cashier; the cashiers mood, time of the month, hassle from boss etc) they will flag it up.

You have a choice of a) complying b) leaving c) complying and moaning like a schoolgirl about a bad hair day d) leaving and stomping out like a schoolgirl who's had an argument about whether Simon Cowell was right to drop Cheryl Cole from X factor.

Simples!

Oh and going to Santander is like choosing a pre 55 reg Renault Trafic with an unmodified gearbox = dodgy!

 

well said gold

apart from the santander bit,ive been with them now for 6mths roughly and all i do is pay in take money out,and get no charge,had no problem as yet and why should i.and to say that they are one of the only business account that pay intest on the accounts if in credit,hsbc who i was with before did not,and i had problems with them,and it was cost £25/£50 amonth,no brainer really mate.