Business Bank Accounts

[cojak]

That's why we don't have to pay subcription charges and the Administrator dosen't have to come cap in hand for donations.

In internet terms it's called 'making a (small) profit"...

[planetit]

Well I assume it goes towards running their business, and perhaps even making a profit.

[boredsenseless]

So what do CUK do with all these 0.5% kickbacks then?

[planetit]

You can get the Cater Allen account for free from good ol' ContractorUK

[4Contractors]

Also interesting to note that Cater Allen pay 0.5% of your annual average balance to the Accountant or whover referred you each year - may be worth asking them for a kickback

[OrangeHopper]

If you go Cater Allen then see if being referred by your accountant is worth it.

Cater Allen will charge a £10 monthly handling fee if your balance drops below £5000. This is waived if your accountant has an arrangement with them and had made the original introduction.

[rootsnall]

I'm a convert to Cater Allen and had a nice surprise when I saw how much interest I had been paid for the year rather than discovering sneaky charges made by my own high street bank.

[Lucifer Box]

Cater Allen. No charges (for a typical contractor ltd) and good interest (for a business account).

[planetit]

For the average one man band contractor you still can't beat Cater Allen

[xoggoth]

Abbey don't charge if account stays in black

[Rookie]

Hi Everyone

As a new contractor I've just set up my ltd company and wondered if anyone had any suggestions regarding where to look for best rate/cheap fee business bank accounts.

Thanks

Rookie