I was self employed but now I'm 65 and don't do much work at all really, however I still have my bank account as occasionally I'm asked to do a little work, this is reported to Inland Revenue I fill in a return each year. The money I receive is so very small it maybe 10/15 pounds a week on occasion but that's not every week. I only do this as the people are friends and I don't like to refuse.
My question is do I need to keep this Business Banking account as no money goes in and no money comes out, but I still pay charges.
Thanks for any advise offered.
My question is do I need to keep this Business Banking account as no money goes in and no money comes out, but I still pay charges.
Thanks for any advise offered.
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