Plain-English explainers for sole traders, partnerships and limited companies.https://www.banksolutions.uk/en-gbSat, 05 Sep 2026 08:00:00 GMTeditor@banksolutions.uk (Bank Solutions)editor@banksolutions.uk (Bank Solutions)Copyright 2026 Bank Solutions60https://www.banksolutions.uk/images/banksolutions-logo.pnghttps://www.banksolutions.uk/https://www.banksolutions.uk/do-sole-traders-need-a-business-bank-account/https://www.banksolutions.uk/do-sole-traders-need-a-business-bank-account/No law requires a sole trader to hold one - HMRC's own guidance says a personal or business account may be used, subject to the bank. The rules that do apply are the bank's terms, HMRC's record-keeping requirements and, for limited companies, the separate-entity rule in company law. Here is what each says, in its own words.Sat, 05 Sep 2026 08:00:00 GMTSam AllcockGuides