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In the UK, Monzo is trusted by 800,000+ businesses, now Monzo is launching in Ireland. Apply in minutes.
Stay tax ready
Automatically put a percentage aside for tax and other big bills every time you’re paid with Tax Pots.
Available with Pro and Team which start from €7 a month. Only sole traders or limited company directors in Ireland are eligible. Ts&Cs apply.
Create up to 3 Tax Pots
Set the percentage
Choose what’s right for your big bills like tax and we’ll put it aside every time you get paid.
Make changes any time
Move money in and out of your Tax Pot, update the percentage, or turn it off if you want to.
Be tax-ready
No more forgetting to save for your tax bill or having to find the money to pay for it.
Skip tax season panic
It’s a familiar feeling for most businesses. But it doesn’t have to be a nightmare.
When tax season rolls around, be ready to pay right away with the money sitting in your Tax Pot.
Tax Pots are available with Pro and Team which start from €7 a month.
Common questions
How many Tax Pots can I open?
You can have up to 3 Tax Pots at a time. You can also create other regular Pots in your account to separate out money, for things like expenses or overheads.
Can I select my own percentage to add to a Tax Pot?
Yes, you can pick a custom percentage for your Tax Pot. If you already have a Tax Pot set up, you can choose a new percentage by swiping across to the Pot, and then tapping the "edit" button.
Can I pay directly out of my Tax Pot?
Yes, you can. You can set up your Tax Pot to pay Direct Debits or standing orders directly from the money in your Tax Pot.
When a payment's due, we'll automatically move the money from your Tax Pot into the account balance and then immediately out again to make the payment.
Are Tax Pots included in my statement?
Movements to and from your Tax Pot will show in your main statement with its own separate section at the end of your statement.