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Business account

M

Mel

New Member
Hello, due to the corono virus, my business which is a limited company is closed I have 2 members of staff and no takings to pay them applied to bank for the disruption loan but as l don't have a buisness account in place l didn't meet criteria to apply. The business is registered with companies House ive had an accountant from day 1 who files my accounts the staff are on the payroll l pay paye and staff get weekly payslips. Is there any help available for me to pay their wages and will l qualify for the 80% staff retention scheme without a business account ??
 
E

Employer

New Member
If you cant receive any funds because it is not a business account then that is disgraceful. However, I was just wondering how you have looked after cashflow in the past - can you not resurrect an old business account?

I would ask your accountant for guidance.
 
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