Bank Accounts

[Sam1]

Today I am going to go in and setup a bank account for my charity website www.thebookstore.co.nz It got me thinking: Does anyone here have a specific bank account for their web ventures?

 

[xpl0iter]

First of all, doesn't your country have laws which helps you not to pay the taxes for the money you earn in stuffs related to charity?
If so, I think you better register yourself a company of LLP or something like that.

And no, I don't have a bank account dedicated for my website ventures. I started a bank account for this, but ended up using the money for my every day stuffs, lol! Anyway I am planning to start an LLP soon!

 

[Sam1]

They do. I don't know whether I could start a not-for profit, I suspect I'd have to be 18. I'm just hoping to fly under the radar... That might not work since the bank has my IRD number (tax number).

 

[JLogan]

I just use my personal bank account for all my website related stuff.

 

[Shortie]

Never considered creating another bank account to be honest for anything website related to be fair, I have always used the one I have now and nine times out of 10 most of what I get stays in PayPal if it is paid there and I will only withdraw if I really need to, other times I will just pay it back out from PayPal for things I need or any kind of renewals if they allow PayPal.

 

[kai3345]

I've never considered getting a different bank for my web stuff. I've always used my personal bank & funds.