Idea: Pay a percentage of every income payment into a pot - useful for freelancers / gig workers saving

[louiechristie]

Feature request.

Pay a percentage of every income payment into a pot

Useful for freelancers or gig workers saving for a pension / holiday / house deposit / etc.

(Not a fixed amount on a fixed day each month. That’s not useful for freelancers who get paid irregularly and paid different amounts for each contract.)

Perhaps could be achieved with ifttt.com integration.

[Revels]

@ndrw

Would the tax pots work for this purpose?

That’s only for business accounts though isn’t it?

Hi. Welcome.

You can vote for a very similar idea here

Percentage into savings pot

I get paid a vastly different amount every month, so I can’t really commit to i.e. £200/month into savings pot. What I’d like is 10% (or any other percentage) of incomings going into a savings pot. Percentages would work much better for me. You could then choose where the 10% comes from, i.e. “All incomings” OR "From account xxx with the heading ‘PAY’ "

[louiechristie]

How about zero hours contract workers (on PAYE)? They shouldn’t need a business account surely?

[caribo]

You are right in that PAYE earnings should go into a personal account. If you are a sole trader you should use a business account for non PAYE income…