![]() We are also unfortunately unable to accept businesses in the following industries: This is especially true if we or the business owner is unable to trace where these funds are coming from. This is to make sure that we keep Tide members safe, that we have the resources to fully support them and their businesses in line with our regulatory requirements.Īs a result, we can’t accept anyone whose business is funded fully or in part by regular donations, as these carry specific risks that we are not currently able to service. If this risk is too high for us to support, we won’t accept their application. These risk factors include what type of business they have, how their business makes money and which industry it operates in. When someone wishes to join Tide, we calculate their risk factors. However, we can’t provide services for everyone. We don’t discriminate against anyone on the basis of political beliefs, religion, race, or any other characteristic protected by law. Our mission is to empower diverse and often under-represented small and medium business owners who lack access to financial services. We welcome everyone to apply for a Tide account. To register with HMRC, you just need to get in touch at gov.uk and follow the site navigation to let HMRC know you’re now self-employed. If you’re a sole trader or freelancer, you must have a valid UK home address and be registered with HMRC. If you haven’t done this yet, we can register your company and even pay the Companies House admin fee for you. If you’re a director of a limited company, your company must be registered with Companies House.
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