Hi, My son is a UK sole trader with a PayPal business account that he uses for both his business and personal purposes. He has recently created a Limited company and his accountant has advised setting up a fresh PayPal business account linked to his new business bank account. This is to separate the company trading transactions from any personal transactions for HMRC purposes from the day that he starts trading as a limited company. I understand that you can only have one PayPal business account so can anyone advise how he might go about this please? He would like to retain the original account for personal PayPal use and also, if possible, the email attached to the existing account to be the email on the new limited company business account to provide some continuity for his business customers. Thanks
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