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Best Business Bank Account?

S

selinda

New Member
Hi.

Finally took the plunge and decided to start my own business today...! I've been thinking about it for pretty much the last year and after another depressing day at work I've decided to take the plunge. I'm in the process of setting everything up and I'd like your views on the best FREE (or free-ish) bank account to go with. I won't have lots of transactions nor have the need for all the bells and whistles. I've read a few reviews and I've narrowed it down to Starling or Tide.

Any thoughts on Tide especially as I've found a code online (Referral code: FREE50) which gets you £50 free cash on sign up, free limited company formation which I think I will need and free transfers for a year which I probably won't! Is there much to choose between them? I'd rather put the £50 towards my business and I will save on my company formation too but if Tide are not very good and more hassle in the long run I will go with Starling? Also any thoughts on mettle or just a normal high street bank? If you use one of these how quick was it to setup?

I will have lots of other questions which I will post separately. :)

Thanks. Selinda.
 
T

Tazz

New Member
depending on what your business is, I would suggest while your just starting out to maybe go self employed? rather than register a limited company. not only is the tax side of things alot more complicated but if its just a start up a LTD company may come down the line but begin with being self employed.

As far as bank account goes, i have a personal account with starling and have found them great so far. I cant register for a business account with them for some reason, however i do believe you must have a personal account with them before getting a business account.
 
M

Markss

New Member
Verified Member
Hi.

Finally took the plunge and decided to start my own business today...! I've been thinking about it for pretty much the last year and after another depressing day at work I've decided to take the plunge. I'm in the process of setting everything up and I'd like your views on the best FREE (or free-ish) bank account to go with. I won't have lots of transactions nor have the need for all the bells and whistles. I've read a few reviews and I've narrowed it down to Starling or Tide.

Any thoughts on Tide especially as I've found a code online (Referral code: FREE50) which gets you £50 free cash on sign up, free limited company formation which I think I will need and free transfers for a year which I probably won't! Is there much to choose between them? I'd rather put the £50 towards my business and I will save on my company formation too but if Tide are not very good and more hassle in the long run I will go with Starling? Also any thoughts on mettle or just a normal high street bank? If you use one of these how quick was it to setup?

I will have lots of other questions which I will post separately. :)

Thanks. Selinda.
Hi I realise your post is a few months ago but wondered what bank you chose in the end? I am looking at Mettle. Also did you see an accountant or are you using quickbooks? Will be interested to see how it’s going.
 
B

BenjaminHead

New Member
I would like to get some more details about it. Because I am also going to set up a new business next month. Thank you so much!
 
P

ProjektPrints

New Member
I’ve just gone self employed too, and I’m a LtD company. Starling was who I chose but you do get charged a stupid fee to deposit cash so I’d suggest you do online transactions to start.
 
M

Markss

New Member
Verified Member
I’ve just gone self employed too, and I’m a LtD company. Starling was who I chose but you do get charged a stupid fee to deposit cash so I’d suggest you do online transactions to start.
I’ve gone with Mettle which offers everything free including free agent or zero software too. Worth you looking at.
 
S

selinda

New Member
Just to say I joined up with Tide in the end and it has been perfect so far. Was able to register in literally a few mins.

They have an offer running at the moment. If you enter referral code: FREE75 during the signup process you get the following:

1. FREE Ltd company formation (if required)
2. FREE £75 Cash credited to your account after you deposit £1
3. Free Banking and Bank transfers for 1 year.

Won't lie - it was the cash and FREE ltd company that swung it for me rather than any particular reviews as they were all pretty much same.... But I don't regret the choice I made!

If you are interested in joining Tide the offer is here with all T&Cs - (not sure how long the offer will last as it doesn't actually say):

Tide FREE £75 Offer
 
csaroboll

csaroboll

New Member
The advantages of organizing business in the holding form can be conditionally divided into two groups.
 
csaroboll

csaroboll

New Member
The advantages of organizing business in the holding form can be conditionally divided into two groups. The first group is related to the effect of integration in general, regardless of the state in which it is presented: holding https://www.pilotoasia.com/guide/holding-company-singapore, a simple partnership, because it is clear that in the period of available economic globalization it is usually less profitable to operate in an autonomous, uncooperative structure than in an integrated one. The second group of advantages of holding is related to the specifics of this particular form of entrepreneurial association. The effect of combining business entities into a holding as a synergistic effect of the system is that the benefits of the association are achieved not through arithmetic addition, but by multiplying the capabilities of all organizations included in the holding structure.
 
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