That’s the most stupid thing I’ve ever heard in my life.
You absolutely do not need to do anything to pay your staff it’s just a standing order bank transaction.
That’s the most stupid thing I’ve ever heard in my life.
You absolutely do not need to do anything to pay your staff it’s just a standing order bank transaction.
Lol, you clearly have never done payroll. Payslips need to be generated timesheets entered and payments need to be authorized. Not all staff work full time or work on a fixed schedule, so set and forget a standing bank order is not viable. I would imagine that’s the case for most companies and businesses that employ hourly paid employees. Salried positions are generally in offices but even then they can vary.
You’re still not paying them from a personal account so you’re not doing business. Business accounts are not tied to a person, they’re tied to the company so their example makes no sense.
Also that’s not a correct interpretation of the law anyway, because obviously if the law worked like it would be fucking stupid.