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Q&A Do writers need a business bank account?

My question is simple: do writers need a business bank account? Or can they use a regular account for saving and declaring tax on their earnings? Further, do writers need to declares themselves a...

1 answer  ·  posted 5y ago by peanut‭  ·  last activity 5y ago by System‭

#3: Attribution notice added by user avatar System‭ · 2019-12-08T12:52:45Z (almost 5 years ago)
Source: https://writers.stackexchange.com/q/47760
License name: CC BY-SA 3.0
License URL: https://creativecommons.org/licenses/by-sa/3.0/
#2: Initial revision by user avatar peanut‭ · 2019-12-08T12:52:45Z (almost 5 years ago)
My question is simple: do writers need a business bank account? Or can they use a regular account for saving and declaring tax on their earnings?

Further, do writers need to declares themselves a private company?

Edit: UK/England based, for the purposes of writing as a secondary income rather than a primary (though how primary incomes compares to secondary would also be interesting to know).

#1: Imported from external source by user avatar System‭ · 2019-09-02T05:58:58Z (about 5 years ago)
Original score: 5