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Legally, do I need a business account for sole trader transactions ?

George1112
New Community Member

Legally, do I need a business account for sole trader transactions ?

I've always just had a personal account that I use for buying as well as receiving money (for sale of personal items and from family and friends). But now I want to start receiving money for items I'm selling as a sole trader (i.e - have bought with the express intention of selling on, or have made to sell). Legally, can I use my personal account for this or do I need a separate business account ? If I need a separate business account, can I keep my personal account too, and can both accounts be linked to same email and same bank account ? Thanks