A tax pot is a secure digital space inside your business account designed to help you save for your upcoming tax bills. By setting aside a portion of your income as you earn it, you can ensure you always have enough tucked away for HMRC 🍯
How your tax pot works
You can set up and manage your tax pot directly in the app, then either manually top up the tax pot yourself, or set up automated transfers to save a % of all your income for complete peace of mind.
The Tax Pot acts as a helpful visual compartment for your money, making it much easier to keep your tax savings completely separate from your day-to-day business spending.
If your sort code is 04-36-15
Your account is provided by Griffin Bank Ltd.
You will earn 1.35% AER on your pot balance and have easy access to your funds.
AER stands for Annual Equivalent Rate. It shows you the amount of interest you'll earn over a year. It's a standard, transparent way to compare how hard your money works in different accounts.
Our current withdrawal schedule is:
| Withdrawal request time | Time payment is sent |
| Before 12:00pm on a working day | Between 5:00pm-6:00pm the same day |
| After 12:00pm on a working day | Between 5:00pm-6:00pm the next working day |
| On weekends and public holidays | Between 5:00pm-6:00pm the next working day |
If your sort code is 23-69-72
Your account is provided by Prepay Technologies Ltd (PPS).
You will not earn interest on the funds in your Tax Pot.
The app allows you to move funds back and forth between your main account balance and your tax pot instantly whenever you need to. This flexibility means you can easily top up your savings during a profitable month, or pull funds back out if your business faces an unexpected running cost. 🔁
⚠️ Important: You are entirely responsible for calculating your exact tax contributions, keeping accurate financial records, and paying HMRC on time. While the app provides a secure space to help you save, we don't track your specific tax deadlines or make your tax payments on your behalf.