Cardratings.com
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6th September 2024
Can I use a personal card for business expenses?
There’s no rule prohibiting the use of a personal card for business expenses, and many small business owners may choose to do so. That said, this can make things more complicated when it comes to issues like record-keeping, paying taxes and liability protections. Here’s what to consider when it comes to using your personal credit card for business spending.
In most cases, getting a separate business card and not commingling your personal and business spending is smart. However, there are a fe...