UMBRELLA ACCOUNTANTS IS THE OBVIOUS CHOICE FOR CONTRACTORS WHO WANT TO MAXIMISE THEIR INCOME WITH SIMPLE, LOW COST, FIXED FEE ACCOUNTANCY SOLUTIONS

Bank Accounts for Contractors

We’ve partnered with Tide to offer you their free straightforward business current account designed with freelancers, sole traders and limited companies in mind. More than 150,000 business owners have chosen Tide for their business current account.

A business current account that's free, easy to open, and helps you start doing what you love. That’s why Tide are trusted by 150,000+ UK businesses.

Better business banking with Tide and Umbrella includes:

  • 1 year of free transfers in and out of accounts (normally 20p) - Just use the code: UMBRELLA.
  • All your business finance admin in one time saving app including direct debits, statements and scheduled payments.
  • Free and fast account opening. Get a sort code and account number in minutes.
  • No monthly or annual fees. Tide just take a tiny fee when you move money between accounts or move cash.
  • Free transfers between Tide accounts.
  • Free card payments, UK and abroad.
  • Free replacement cards.
  • Instantly link up with your accounting software including FreeAgent and Xero.
  • Free business Mastercard. Spend on your card in the UK and abroad with no fees and no commission. (Getting cash from an ATM costs £1 and some machines might charge an extra fee.)

To open an account or find out more visit https://www.tide.co/partners/umbrella/. A credit check is not required to open an account, just an ID check.

Download pdf Tide brochure >

Efficient, professional and reliable. I have used Umbrella accounting services for over five years both as a PAYE contractor and as a contractor through my limited company. In both instances, I have found Umbrella employees to be helpful, knowledgeable, and professional. They are very reliable especially with payments and paperwork. I totally recommend their services.

FC December 2019