bank account usage
Anna I M
2 replies so far...
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In 2021 I was set up as Auto Entepreneur, and opened a business bank account where my clients pay in to. I have taken out some money from the account for personal spending. The other day someone mentioned that I could get in trouble for this from the tax authorities. Is that correct? I thought that since I wasn’t able to deduct any expenses as Auto Entrepeneur, it shouldn’t matter what I choose to spend the income on. I’m now really worried about this. I hope you can advice.
In 2022 I’m set up as SASU and have just opened a new, separate bank account for this. I undertand there are very strict rules to how this account can be used, which I shall (of course) follow.