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