Bank for very small freelancing...
Hi,
I want to take on a few hours work a week, am a stay at home mom so that will be my only income. It is hard to find exact information! Do I HAVE to open a business account or can I use my personal account?
I would like to use Tangerine... but they only have the business savings account.
Or can I use Transferwise as main account? My main income will be work for a friend in Australia so paid in AUD.
anything else I need to do? I'm thinking to just track income and expenses in a spreadsheet, and keep receipts in a folder. How long do you need to keep those for, would digital copies be ok?
thanks!
I want to take on a few hours work a week, am a stay at home mom so that will be my only income. It is hard to find exact information! Do I HAVE to open a business account or can I use my personal account?
I would like to use Tangerine... but they only have the business savings account.
Or can I use Transferwise as main account? My main income will be work for a friend in Australia so paid in AUD.
anything else I need to do? I'm thinking to just track income and expenses in a spreadsheet, and keep receipts in a folder. How long do you need to keep those for, would digital copies be ok?
thanks!