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Business Deposit Accounts
Many businesses hold cash, perhaps in the case of emergency or as a provision for a Corporation Tax or VAT bill.
Most clearing banks offer a poor rate of interest on money held by businesses, which can be improved by shopping about to find an alternative savings account, much as savers do with their own personal savings.
As with accounts held personally, the longer you are prepared to commit your businesses money the better the rate of interest available, although the level of access should clearly be considered when making a decision.
Interest is subject to Corporation Tax as the usual rate.