Can a limited company buy premium bonds?
This question is more common than you might think!
Used up your personal premium bond allowance? Why not buy more through a limited company.
Sorry. Nice idea but it’s not allowed.
Premium bonds can only be purchased by individuals (they cannot be jointly owned). This is because the government really doesn’t want to get into any difficult “ownership” issues around premium bonds.
The bond holder is the owner. Corporate ownership is specifically prohibited on these grounds.
You may be interested in more Startup FAQ’s.
