I just caught a Twitter post which says that it will now be compulsory for AEs to have a separate business account for their transactions.
I work from home, no trading name, work payments paid directly into my personal bank account so no 'jiggery-pokery' possible in my case (I think they're trying to clamp down on social contributions abuse). My invoices and related bank statements record everything I earn.
Does anyone know if this new regulation covers ALL AEs or just those with a trading name or what? I'm already on less than minimum wage so wouldn't be a happy bunny if I need to open a dedicated account with no doubt an 'admin' charge of €150-odd a year for the privilege of - nothing.
I live on my earnings that are paid into my personal account. Having an independent business account would in effect make my personal account redundant as money would no longer be going in it.
Anyone with knowledge of this please?