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All posts automated receipt processing client gifts hmrc HMRC record keeping how MTD affects landlords landlord tax obligations Making Tax Digital landlords MTD compliance for landlords MTD for landlords OCR for receipts separate bank account sole trader

SEPARATE BANK ACCOUNT SOLE TRADER

Separate Bank Account for a Sole Trader: Do You Need One?

A sole trader does not need a separate business bank account by law. This guide covers the rules, HMRC records, drawings, bank charges and Making Tax Digital.

27 OCTOBER 2026