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Question about business banking

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    Question about business banking

    Hello,

    I just opened my ltd company and I have an appointment in two weeks to open my bank account. I know nothing about the legal, can I transfert money form my personal account to my business account ?

    I also need an accountant service, I know nothing about accounting and legal, if you know a good one on London tell me

    Thanks

    #2
    Are you introducing capital into the business or loaning the company money?

    If the latter, its simple - transfer your money to the business account and record it in your books as a credit to your director loan account.

    If this means nothing to you, speak to your accountant.

    Comment


      #3
      Yes, you can introduce money to your company from your personal bank account. The company effectively owes you that money.

      I know a decent accountant in London 😉

      Comment


        #4
        Loan money to my company will be cool, it looks simple but I really need an accountant.

        Thanks both

        Comment


          #5
          These accountants have a good reputation and a lot of experience with IT contracting:
          • SJD Accountancy
          • Nixon Williams
          • InTouch
          • inniAccounts

          Comment


            #6
            Originally posted by ujjain View Post
            These accountants have a good reputation and a lot of experience with IT contracting:
            • SJD Accountancy
            • Nixon Williams
            • InTouch
            • inniAccounts
            So do we :-)

            Comment


              #7
              Originally posted by ajouve View Post
              I also need an accountant service, I know nothing about accounting and legal, if you know a good one on London tell me
              There is a sticky at the top of this forum about accountant recommendations - have a look in there.
              Best Forum Advisor 2014
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              Comment


                #8
                Originally posted by ujjain View Post
                These accountants have a good reputation and a lot of experience with IT contracting:
                • SJD Accountancy
                • Nixon Williams
                • InTouch
                • inniAccounts
                Not sure if all these guys are in London, but if it's a requirement to have a London based accountant we can certainly fit the bill! Plenty of recommendations on my personal LinkedIn profile also.

                Comment


                  #9
                  I know at least one of those accountants will look after opening a bank account, without having to wait 2 weeks for an appointment too...

                  Comment


                    #10
                    Originally posted by Pherlopolus View Post
                    I know at least one of those accountants will look after opening a bank account, without having to wait 2 weeks for an appointment too...
                    Yes we can deal with the application and give new clients out a pre-allocated account number and sort code. No need for the client to visit a bank.

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