Tide - The small business bank

The business current account for contractors and small businesses.

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How Tide bank account can manage your business

Are you looking for a bank account to help you manage your day to day business from your smartphone to send, pay and track your invoices, ring-fence cash reserves for expenses, wages and bills and sync up with leading accounting software?

Tide is a UK financial technology company providing mobile-first banking services for over 350,000 UK small and medium-sized enterprises (including sole traders, freelancers and limited companies.)

How Tide bank account can manage your business
Why we love Tide bank for business

Why we love Tide bank for business

Tide bank partners with accounting software Xero, Freeagent and QuickBooks. So, if you are a Tide customer and you sign up for one of our price packages. In that case, we will manage the signup process to the software of your choice above for free provide training and any additional support to make sure you are up and running successfully, syncing up all your personal or business transactions in no time at all.

How Tide could benefit your business

The bank account offers several powerful features to deliver a better overall experience with all your business finance admin in one app. These include:

Auto-categorisation

Tide will automatically tag your income and spending. Customise the labels to suit your company.

Easy expenses

Upload receipts, auto-match them to transactions, add a note if you like and it’s all stored digitally.

Sync with your accountancy software

Link your Tide account to software like Xero, QuickBooks and more.

Send, pay and track invoices

No need for a separate system, keep on top of your invoices directly in their app.

How Tide could benefit your business
Welcome to Fusion Accountants in London

Welcome to Fusion Accountants in London

After thirty years of providing comprehensive accounting and tax services to UK businesses and individuals, we understand that clients want a simple, friendly and transparent service that offers the latest exciting accounting software and apps to enhance their businesses.

You will be assigned a qualified client manager who will work closely with you to ensure the smooth running of your finances..

We are reliable, trustworthy, precise, and always available if you need us. We will also put in a monthly call to check all is well.

Our team will ensure you keep as much of your hard-earned money as possible while complying with HMRC requirements.

  
Emma Clark

Customer service reviews

Our accountant Khalid Sayal has been excellent. Efficient, accurate, speedy, great to work with. I'm a newish client, but the onboarding process has been excellent and there's no indication that the service would be any less in the future. I actually chose Fusion on the back of all the positive google reviews - which they clearly right deserved.

Emma Clark

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Our accounting software partners

Our fixed-price packages include full accountancy support and online software packages, making your life as a company director as stress-free as possible.

Our online accounting software Xero, Freeagent, and QuickBooks make accounting and bookkeeping a breeze.

Send invoices, import bank statements, record expenses, upload receipts, and see your accounts and tax owed in real-time, 24/7.

And if you are VAT registered, our software helps you submit your VAT returns to HMRC – MTD ready! We will also contact you well before your deadlines to avoid late filing penalties.

Fusion Accountants Partners 2 New

Get in touch!

Got an accountancy question or looking for tax advice

Open an account

Not an existing customer?

Open an account

It is a current business account that is free, easy to open, and helps you start doing what you love. That is why 200,000+ UK businesses trust them. Click on the image below to sign up.

Register your limited company and open a Tide account all in one go.

It is FREE

Tide pay the incorporation fee on your behalf and give you a free business account.

It is Fast

Apply within minutes and get set up all in one go.

It is Safe

An approved formation agent with a secure Companies House integration.

Download the app.

Meet our Tide Bank Specialist

Khalid Sayal

Khalid Sayal

Client accountant

I joined Fusion Accountants in 2020. I work as a client accountant. I am accredited as a Xero advisor, Xero payroll certified, QuickBooks certified Basic and Advanced ProAdvisor. I deal with small to medium-sized entities, contractors, Landlords, sole traders and freelancers.

I like weightlifting and in my spare time I like reading books, especially non-fictional ones.

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FAQ 's

faq

They do not charge monthly or annual fees for their current account. You only pay for what you use:
  • Bank transfers (in or out): 20p
  • Payments between Tide accounts: Free
  • Card transactions home and abroad: Free
  • Cash withdrawals: £1
  • Cash deposits (through the Post Office): £1
  • Cash deposits (through PayPoint): 3% of the total transaction value

They are currently integrated with Xero, QuickBooks, FreeAgent (which we are credited Partners and Advisors) and Kashflow and Sage, with other integrations to follow in the future.

On-boarding timeframes vary depending on the types of applications they receive, but more than 50% of new members opened their accounts in less than 10 minutes this year.

Unfortunately, not. If you want to switch between a sole trader and a registered company account type, you will need to close your existing account and open a new one.

All GBP payments sent from your Tide account are Faster Payments. These can be processed as standard one-time transfers, scheduled payments, standing orders and Direct Debits.

Yes! Tide supports outbound Direct Debits. If you are asked to provide the name and address of your banking provider, you can find the address in the app: More > Transactions > Direct Debits. Please note that Direct Debits can take up to 5 days to become active once requested. The Direct Debit process starts from 8 am Monday to Friday, excluding public holidays.