Bank charges

[a1]

What about a different type of business.

Say for example, an e-commerce business, selling on eBay. What about the payment received via Paypal? I assume there are bank charges on this being transfered to your bank? (Say, over

 

[steptoe]

Im only a sole trader and one of the firms I subby to I got the work over another person solely on the fact I had a business name they could pay the cheques to,

apparently it was deemed more professional according to one of the admin staff, thats what she was told anyway.

 

[m4tty]

I'm with Natwest Matty ,I'd say if you doing subbing only and are a sole trader just keep your private current account as its basically wages going in.As my work increased years ago they kept whinging every time we paid a cheque in " Is this a business account?" In the end I opened one but obviously they charge for each transaction .

Cheques in, cheques out, BACS , everything.

I can tell you how much they are later if you're thinking of changing.

Thanks deke I'm with Natwest now and can't complain about the service or anything really apart from

 

[Evans Electric]

They are tax deductible M8.