Do I need a business bank account for Making Tax Digital?

Do I need a business bank account for Making Tax Digital? No. GOV.UK says a sole trader might use a personal or business bank account, as checked on 16 October 2026. Making Tax Digital, which covers qualifying income over £30,000 from 6 April 2027, needs accurate records, not an account type. GOV.UK says you might be able to use a personal or business account, and to check with your bank which type it allows for business transactions. Making Tax Digital itself does not name a type of account. No. Digital records are for your self-employment and property income and expenses. Spending that is not for the business does not need one. Not in a quarterly update, which carries category totals only. You must keep bank statements as supporting records, and HMRC can ask to see your records. Read the full answer, with every source, at rightotax.co.uk.