Heslington, England -- (SBWIRE) -- 09/23/2016 -- A new blog has been published on Business Matters which states that you should keep your business bank account separate to your personal one. Many people who are starting up a business prefer to manage their finances through their personal bank account, due to the hassle of creating another one. However, the HMRC has advised against this explaining that it's not as simple as it seems.

There's been a lot of people, including accountants, which have also advised against using the same bank accountant for personal and company finances. Some of the reasons include: Your business finances will be safer if separate, will look more professional when dealing with customers and there will be no confusion when paying tax.

When starting up a business it is essential to hire an accountant, not only do they advise their clients on legal structures but also help with managing their finances, therefore saving both time and money.

A spokesperson from leading accountants Atkinsons was keen to comment saying, "We always advise our clients that they should have a separate bank account, not only does this avoid confusion but also makes it a lot easier when handling finances. Having a professional accountant on board can make businesses expand in many ways and also make it an enjoyable journey rather than a stressful one. Here at Atkinsons we specialise in a variety of services which help our clients every step of the way."

About Atkinsons
Atkinsons are chartered accountants who specialise in a variety of services which include: financial accounting, business financial planning, bookkeeping and more. You can see their website here: http://www.atkinsons.uk.com/

PR Contact

Company Name: Atkinsons Chartered Accountants
Contact Person: Peter Atkinsons
Adddress: The Innovation Centre, Innovation Way
Heslington, York, YO10 5DG
Telephone: 01904 567867
Website: www.atkinsons.uk.com
Email: peter.atkinson@atkinsons.uk.com