Accounting for sole traders
Our sole trader accountants take care of all things tax so you can focus on your own work. We give you total peace of mind that your accounts and tax returns are prepared correctly whilst ensuring you're not paying a penny more in tax than you need to.
How does it work?
Keeping your books ready for when it's time to file your taxes couldn't be quicker or easier. All you have to do is use our mobile app to send us your income and expenses and we'll take care of everything for you.
Day-to-day updates
- Take photos of your expenses using our mobile app to send them directly to your accountant.
- Connect your bank accounts to our bank feed system and we’ll automatically download your bank statements.
- Create professional looking invoices to send to your customers using our invoicing tool.
Throughout the tax year
- Our tax team prepares your actual and estimated tax bills that you can view and manage before they arrive.
- Your sole trader accountant will be available to answer any questions you may have.
- We'll carry out routine checks to see if your tax bills are estimated to be more than normal.
Finalising your year end
- Your accounts are prepared by qualified accountants to send to mortgage advisers, banks and other stakeholders.
- We prepare your tax return to comply with tax laws whilst claiming all available reliefs and expenses.
- All legal filings to HM Revenue & Customs (HMRC) are submitted on your behalf.
What is your pricing?
Sole traders can choose our small business accounting service to get full support and unlimited advice for a fixed monthly or annual fee. Alternatively our sole trader accountants can just prepare your annual tax return for a one-off competitive fee.
Small Business Accounting
Monthly
From
£25.50
+ VAT per month
Standard services
- Tax registrations
- Unlimited advice
- HMRC representation
- Partner network
- Training
- Sole trader accounts
- Self-assessment tax return
Available add-ons
- Payroll for staff
- VAT returns
- CIS returns
Small Business Accounting
Annually
From
£306.00
+ VAT per year
Standard services
- Tax registrations
- Unlimited advice
- HMRC representation
- Partner network
- Training
- Sole trader accounts
- Self-assessment tax return
Available add-ons
- Payroll for staff
- VAT returns
- CIS returns
Standalone service
Tax return
From
£99.00
+ VAT per year
Standard services
- Self-assessment tax return
Available add-ons
- Small business accounting
What's included?
Running your own business can be difficult and time consuming, which is why as your sole trader accountants we give you all of the below services as standard when you sign up to our small business accounting service.
Market-leading software
Amazing software that handles VAT returns, invoicing, expenses, bank statements and any other aspect of your accounts. Your dedicated accountant will use this software to deliver a personalised service for you and your business.
Tax registrations
It can be difficult to know what taxes apply to your business. With taxes such as VAT, PAYE and Corporation Tax all having their own rules it's easy to make a mistake. Our sole trader accountants ensure you're registered for all taxes necessary.
Unlimited advice
Our team are always on hand to answer any questions you may have and to guide you in the right direction. We'll tell you what expenses you can claim for, what you can do to reduce your tax bills, how much money you're making and so much more.
HMRC representation
Dealing with HMRC can be intimidating and stressful. Our experts handle all contact with HMRC on your behalf by approaching each scenario with great care and ensuring your taxpayer rights are upheld.
Partner network
We've partnered with some truly great businesses to help our clients get the support and services they need. From bank accounts to insurance, business loans to legal help, you have access to them all.
Training
Keeping an eye on the numbers is a key ingredient to success. Our sole trader accountants will work with you to help you understand your business's performance and other useful information.
Don't need the full service?
We offer a standalone tax return service for those sole traders that just need a little helping hand.
Payroll & pension
Taxes and deductions calculated and payslips prepared for your staff.
Catch up year end accounts
Preparing accounts to meet deadlines and to get your books back up-to-date.
Personal tax returns
Completing and submitting your personal tax return to report your income and capital gains.
Need expert help?
Our specialised services carried out by experienced professionals can make a real impact to you and your business.
Research and Development (R&D)
Assessing, preparing and submitting detailed R&D tax credit claims on a no-win no-fee basis.
Fundraising
Through our network of partners we can help raise funds for your business to grow or ease cashflow.
Tax investigatons
We can take full control of a tax investigation to minimise the risk of big bills.