HOME / COMMUNITY Switch to knowledge base

What 'Business type' for unincorporated groups?

We have an unincorporated group which has a community bank account with Santander. The group isn’t registered as a charity or anything - what is the best ‘business type’ to select?

Thanks.

If the group is not a legal entity in its own right then probably partnership is the closest option.

1 Like

You will be liable for corporation tax so I think that a ltd company is more appropriate.

1 Like

This topic was automatically closed after 7 days. New replies are no longer allowed.