My thoughts...

It depends upon what you plan to do.

If you are a sole trader and have a few regular clients then you could look to get paid into a personal bank account (and so save banking costs).

It is also good if you want to keep your paperwork down, and are not going to employ anyone. Also good if you don't want the public to see your accounts.

Posted By: Larry Hagman, Aug 7, 19:22:13