Business Bank Account

As a sole trader you do not have to set up a business bank account however most choose to do so.  It is a good idea to keep your personal and business finances separate because it simplifies everything and makes it clearer to see what funds are where!

If you have never had a business bank account before bear in mind that there are charges for various things such as paying in cheques so it is important to ask about these fees up front.  Some banks offer the first year free but it is worth shopping around to see who will be the best banking partner for you in the long run.

At Easy Accountancy we have been able to negotiate a free banking package with Cater Allen (part of the Santander Group) for our clients.

Key Features and Benefits

  • No minimum balance required
  • Funds may be held in sterling, euro or US dollar
  • 30 free transactions per month
  • Monthly statements
  • Full cheque book and banking facilities - bill payments, standing orders and direct debits
  • VISA Business deferred-debit card - with no annual fee
  • Competitive tiered rates of interest, so the larger the balance the greater the return.

For more information or for an application form please contact our New Client Services team on 0500 234111 / 01442 275767. Or email aaron.oneill@easyaccountancy.co.uk.

Easy Accountancy

Easy Accountancy is the UK’s only national specialist accountancy firm for freelancers, sole traders and small businesses

If you’ve just started out as a freelancer or run a small business, you’ll definitely need a small accountant and there are plenty of options out there! However, most accountants will charge you every time you get in touch with them; for every phone call, email or meeting.

We don’t want our clients to be scared to contact us and potentially lose out on valuable tax saving advice. It's even more important when you first start out as you really need to set your business up in the best way possible. As a start up you’ll probably have loads of questions and will really appreciate the fact you can call your accountant as many times as you like without the fear of racking up large bills.

Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own accountant throughout the year, so you never need to worry about picking up the phone and then receiving a bill afterwards for the privilege, and covers all your business and personal tax affairs needs. All clients additionally receive: 

  • Help to run your business in the most tax efficient way possible
  • Help so you can understand the taxes you need to pay
  • Advice on the best ways to manage your business
  • Updates and reminders so you'll never miss a deadline
  • Help to ensure you maximise your tax allowances
  • Provide proactive tax advice throughout the year

We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 0500 234111 / 01442 275767 or email aaron.oneill@easyaccountancy.co.uk

We also have a money-back service guarantee - all of your telephone calls and emails will be answered on the same day, or we will refund your monthly fee (another first within the accountancy world).

To appoint us as your accountants, please fill in our Client Agreement Form online.

If you are a contractor working through a limited company then visit SJD Accountancy (our sister company) who specialise in providing tax advice and accountancy services for Limited Company contractors. You can also keep up to date by following the SJD Accountancy Twitter

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