Get £20 on us! Open a business current account with Tide and MyTaxDoc
To get you off to the best start, we’ll give you £20 when you open a business account with us!
Just use the code: F2FMYTAXDOC and spend £100 on your Tide card within one month of opening your account
Benefits to your business
Fast
Get a sort code and account number in minutes
Focused
Designed for growing businesses and freelancers
Simple
Built to make your life easier
Secure
Safe, powerful and loved by members
No monthly or annual fees
Card payments (UK and abroad)
Free
Transfers in and out of accounts
20p
Transfers between Tide accounts
Free
ATM cash withdrawals
£1
Cash deposits
Post Office – 0.5% (minimum £2.50)
PayPoint – 3%
Replacement cards
Free
Let our reviews do the talking for us!
Tide Business Account FAQs
What are Tide’s features?
Tide accounts come packed with smart and time-saving tools, letting you focus less on admin and more on your business.
- Full UK sort code and account number
- Business Mastercard, with free purchases at home and abroad
- Automatic categorisation of your transactions, for easy accounting
- Instant invoice payment and creation
- Up to £150,000 of credit, straight through the app
That’s just the beginning! You can see more on our features page.
Are there limits on my account?
That will depend on whether you’re a sole trader or a registered company.
Tap “Accounts” from your in-app More menu to see your full account limits, or to request a limit increase.
ere. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.
How do I deposit cash?
We’ve partnered with the Post Office and PayPoint, so you can deposit cash at over 40,000 locations in the UK!
Here’s how to make a deposit:
- Find your nearest Post Office or PayPoint location
- Let them know you’d like to add money onto your Tide card
- Hand over your Tide card and any cash you’d like to deposit
- They’ll swipe your card and hand you a receipt
Processing Times
Post Office deposits will be credited to your Tide account within a few minutes.
PayPoint deposits will show in your account after about 10 minutes.
Fees and Limits
The Post Office fees are:
- £2.50 for deposits up to £500
- 0.5% of the cash deposit amount for deposits over £500
There’s a 3% fee on the total deposit value at PayPoint.
At the Post Office, you can make monthly cash deposits of up to £25,000 and a yearly deposit of up to £300,000 (subject to transaction limits controlled by Post Office branches). Other currencies aren’t supported at the moment.
At PayPoint locations, you can deposit between £10–500 each day. Other currencies aren’t supported at the moment.
The fee is automatically deducted from the deposit at the time of processing.
You can deposit cash at any Post Office branch in the UK. If you’re having any issues, you can show them this FAQ.
How do I download my monthly statement?
You can download each monthly statement from the 4th day of the following month.
- Open the drop-down menu in the top right corner of the app
- Tap Go to settings
- Tap View statements
If you need a letter confirming your account with Tide, you can download an Account Verification Letter. Here’s how:
- Log in to Tide on the web
- Tap the wallet icon to the right of your account balance
- Tap Account Verification Letter
Can I export my transactions?
You can export transaction data to CSV files directly from the Tide app, and we also offer different accounting solutions to best suit your business needs.
To get your transaction data, tap Export – it’s in the top right corner of your Accounts page, directly under the card icon.
Please note that you’ll need to filter your transactions by date or category before you export them.
Ready to Elevate Your Business?
Starting a business as a limited company director is a significant step. Having a plan—and a dedicated accountant—is crucial to your success. Get in touch with MyTaxDoc today. We’ve been helping contractors focus on what they do best for years. Let us take the stress out of your tax management, so you can concentrate on growing your business.
Contact MyTaxDoc now – because life’s too short for mediocre accountants!
.
