Last updated: Mar 14, 2026 - 3 min read Accounting and Banking Key Highlights While limited companies are legally required to have a business account, sole traders and partnerships can leverage business banking to gain financial clarity, access business credit, and streamline tax reporting. Businesses with different financial needs can benefit from specialised accounts, such as payroll accounts for employee salaries or merchant accounts for handling card transactions. W

Last updated: Mar 12, 2026 - 11 min read Accounting and Banking Key Highlights A business bank account is not a legal requirement, but having one is considered best practice. When choosing a financial partner, assess their monthly and transaction charges while considering how well their features align with the specific needs of your venture. Review their published service quality information to ascertain if it stands out as your business’s optimal bank. As the business