Running a business as a sole trader offers flexibility and independence, but also requires keeping accurate financial records and meeting HMRC reporting obligations.
I provide straightforward support to help sole traders stay organised, understand their finances and ensure accounts and tax returns are prepared correctly and submitted on time.
Typical services include
- Preparation of sole trader accounts
- Self-assessment tax returns
- VAT registration and VAT returns
- Payroll for employees
- CIS returns and subcontractor verification
- Bookkeeping support where required
- Setup and configuration of cloud accounting software
- Training and support for QuickBooks and Xero users
- Access to cloud accounting software where appropriate
- Making Tax Digital for Income Tax (MTD ITSA) preparation and compliance
- Advice on record keeping and allowable business expenses
Making Tax Digital for Income Tax
With the introduction of Making Tax Digital for Income Tax, many sole traders will be required to keep digital records and submit updates to HMRC throughout the year.
Getting started
If you would like help managing your accounts and tax obligations, please get in touch. There is no obligation — just a straightforward conversation to understand your situation and confirm whether I can help.
You can also use the indicative quote tool to get a fee estimate based on the services you require.
