Natwest Tax Saver 1 review

Published on 13 November 2010 by Raffick Marday

The NatWest tax saver account, is the ideal way for you to plan for your future tax expenses by saving at present. When your business has to look for funds to gratify a tax bill, it can have grim consequences on your cash flow. The consequences are even more serious if the amount is larger than you estimated. We are acquainted with the confrontations correlated with business tax and have created Tax Saver, a supple business deposit account, to help you save to meet tax bills.

What Are The Benefits Of Natwest Tax Saver Account?

The NatWest Tax Saver account is very beneficial for those you have their own businesses. It helps you frame your future well by aiding you to save at present. With the NatWest Tax saver account, you can plan your cash flow ideally. You shall feel relaxed as it takes your away from the hassles of tax bills by setting funds aside regularly. You get instant access to your account, throughout the day and all days of a week. It enables you to access your funds to pay your tax bills or deal with other business expenses that may arise. You get an interest of 0.05@ gross/AER on balances of over £1. Nevertheless, the interest is calculated daily and paid quarterly.

In addition to all this, you get to earn a quarterly interest bonus. If you do not make more than three withdrawals per quarter, then you get an added bonus. There is no minimum or maximum balanced specified by us, for holding a NatWest tax saver account. In addition to all this, there is no monthly account fee for this account too!

The account is available to business customers with a group turnover of less than £25 million in the 12 months prior to account opening.


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