Shopping for new bank account rather than using old savings account

friolento

SacredStephan said:

olzkiazi said:

Thanks for the replies folks; didn't realise it was a problem using my current account card to pay the VAT. I try to keep my business money separate from my personal money, but if there's a possibility of avoiding a charge, I'll definitely consider it, esp as everything is so much more expensive these days. I'm a sole trader; does that make a difference?

I'm a VAT registered sole-trader and I pay my VAT quarterly to HMRC by bank transfer from my business account. There is no charge for this.

AFAIK, HMRC now also support Open Banking, meaning you can pull money from a current account into your HMRC account, free of charge. I use this to pay my private Self Assessment tax.