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separate bank acccounts

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  • 14-04-2007 2:17am
    #1
    lola_run
    Closed Accounts Posts: 311 ✭✭


    I know everyone is going to tell me that this is poor financial management, but here it goes:

    I've been working self-employed for the past few months and not had a separate bank account for my business activity, as I couldn't afford to open another account. What implications will this have when I have to do tax returns after the first year?


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    #2
    information
    Closed Accounts Posts: 362 ✭✭information


    lola_run wrote:
    What implications will this have when I have to do tax returns after the first year?
    none, a bank account is simply where you store your money.


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    #3
    lola_run
    Closed Accounts Posts: 311 ✭✭lola_run


    information wrote:
    none, a bank account is simply where you store your money.

    So the tax men won't actually ask me to provide proof of the payments I received.


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