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BUSINESS BANK ACCOUNT Is it worth opening one?

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Advantages of a business account:
Clear administration: you can quickly see incoming payments for your invoices and keep track of costs;
Privacy with tax returns: remember that the tax authorities may ask you for a bank statement when checking your tax return. If business and private spending are not separated, you will also have to give a full overview of your private affairs and spending. That feels like an intrusion into your private life and takes more time. Not very pleasant, you will agree!
Convenience: link a savings account to your business account and put money into it every month. It is a good place to set aside VAT and income tax. That way you always have enough money for your VAT return (every quarter) and income tax (every year).
Saving money: you can freely transfer money from the business account to your private account - in other words, pay yourself a "salary" (we recommend round, larger amounts such as € 500 or € 1000 rather than € 10-20 every day, to reduce the number of transactions in your package), and do not write the word "salary" in the payment description. This way you pay less for the account and for bookkeeping services.
Disadvantages of a business account:
A business account with a card usually costs money - around € 10 a month. But this amount is a business cost, so it reduces your taxable profit.
The answer is obvious - the choice is yours!
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