Key points
- Instant access suits money you might need at short notice, like a tax reserve
- Notice and fixed-term accounts pay more in exchange for less flexibility
- A separate savings account keeps tax money visibly ring-fenced
- Compare AER and any provider-specific withdrawal restrictions before committing
Instant access
Pays a lower rate but lets you move money back the same or next working day — the right home for a VAT or tax reserve you might need at short notice.
Notice accounts
Require 30 to 120 days' notice to withdraw, usually paying a better rate than instant access — a middle ground for money you're fairly sure you won't need soon.
Fixed-term deposits
Lock the rate and the money away for a set period, typically paying the highest rate of the three, but with little or no early access.
Ring-fencing tax money
Many businesses keep a dedicated savings pot purely for VAT and corporation tax reserves, so the funds are never accidentally spent on trading costs.
Ready to compare?
Get a tailored business banking quote in minutes.
Answer a few short questions and we'll match you with UK-regulated providers — no obligation, no phone spam.
Start your comparison
