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Best place for business savings
trailingspouse
Posts: 4,046 Forumite
I always keep money that is intended for Corporation Tax and VAT separate from the main account. They go into a Barclays Base Rate Reward account (our main account is also with Barclays), and the interest rate is rubbish.
I've spoken to Barlcays and they can't offer me anything better - but can anyone point me in the direction of a bank that can offer a higher rate for business savings? The Corporation Tax account gets appx 4 deposits per year, and one withdrawal.
I've spoken to Barlcays and they can't offer me anything better - but can anyone point me in the direction of a bank that can offer a higher rate for business savings? The Corporation Tax account gets appx 4 deposits per year, and one withdrawal.
No longer a spouse, or trailing, but MSE won't allow me to change my username...
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http://www.moneysavingexpert.com/banking/small-business?&_ga=1.176905698.651997727.1416996263#savings
Is the MSE article on savings
Or their parent company comparison is http://www.moneysupermarket.com/business-finance/business-savings-accounts/
Depending on your balance there are possibly some better deals that wont pay MSE/ MSM commission and so dont appear
If you are a sole trader then life is better but as you mention corporation tax you evidently arent0 -
Many thanks. It doesn't look like the Barclays rate is too bad after all!No longer a spouse, or trailing, but MSE won't allow me to change my username...0
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