Hi all, I have found answers on this topic but they are too old to go by. I have had a paypal account for a very long time. I would like to be able to take payments from my website. Therefore, I would like to *upgrade* to a business account. I am a sole trader As I registered as a sole trader last year and didn't know what my website would be called, I registered my name - not my new website name. So here's the dilema, and some questions - I hope will benefit people reading... Thanks in advance for your help. Can I have a business paypal account as a sole trader? Do I need a business bank account? Do you need my Tax registered business (sole trader) name to be the same as my business name on paypal? (do you check against that) What about bank account? if required does that need to be business account in the paypal business name? I would be very grateful to find out as this is a big worry for me and I am wondering if it is all just too a bit much to set up.
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