Accountant For Sole Traders
Running your own business is rewarding, but keeping up with HMRC can be a distraction. We’ve helped thousands of sole traders understand tax through our YouTube channel. As your accountants, we handle the numbers directly, ensuring your Self Assessment is accurate, efficient, and filed on time.
- 5/5 Google Reviews
- MTD Ready
- HMRC Compliant
Join the Sole Traders Who Have Taken Control of Their Taxes
Specialist Sole Trader Accountants for UK Businesses
Being a sole trader is simpler than running a company, but the tax rules can still be tricky. We handle your Self Assessment and compliance so you never have to worry about HMRC deadlines.
Our Focus: Keeping Your Self Assessment Accurate and Efficient
Proactive Tax Planning
We review your business finances to ensure you are claiming all allowable expenses, helping you pay only the tax you owe.
Expert Support with Self Assessment
We handle your accounts and Self Assessment accurately, giving you stress-free guidance every step of the way.
Clear Advice on Running Your Business
Get plain English advice on how to manage your income and expenses so you can operate confidently and efficiently.
Ongoing or Annual Support
Flexible support that works for you—whether you need year-round guidance or just an annual check-in.
Making Tax Digital Is Coming. We Have You Covered.
If you’re self-employed with income above £50,000, Making Tax Digital for Income Tax applies from April 2026. That means keeping digital records and submitting quarterly updates to HMRC. Five submissions a year instead of one.
We have been preparing our sole trader clients for this since it was announced. Your accounting software is set up correctly, your records are digital from day one, and your quarterly submissions are handled without you lifting a finger.
If you have not started preparing yet, now is the time. The penalties for getting this wrong are not worth the risk.
Free Sole Trader Consultation
Unsure if you are claiming all your allowable expenses? Speak to an expert today. We’ll review your tax position to ensure you aren’t missing out on valid deductions.
20-minute Sole Trader Review
Speak with Chartered Accountants
Teams or Phone Call
No Obligation
Web conferencing details provided
Select a Date & Time
We Prepare Your Year End Accounts and File Them on Time
Every limited company in the UK is required to file annual accounts with Companies House and a company tax return with HMRC. Miss the deadline and the penalties start immediately. Companies House charges £150 for accounts filed up to one month late, rising to £1,500 after six months. HMRC has its own separate penalties on top.
We take the entire year-end accounting process off your hands. We review your financial year transactions, prepare your statutory accounts, produce your balance sheet and profit and loss reports, and file your annual accounts with Companies House and your corporation tax return with HMRC. Everything is done accurately and well within your filing deadline.
Your accounts are prepared in full compliance with UK accounting standards. Whether your company qualifies for abridged accounts or needs to file full statutory accounts, we handle the preparation and make sure the format is correct. We also advise on which accounting period end date works best for your business if you are a new company setting up for the first time.
All-In-One Accountancy Firm for Sole Traders
Everything your sole trader business needs, in one place.
Self Assessment & MTD Filing
We prepare and file your annual tax return, ensuring it is accurate, compliant, and tax efficient.
Sole Trader Accounting & Compliance
We explain how to manage your business income and records in a way that complies with Making Tax Digital without taking up your time.
Bookkeeping Support
We take the admin off your plate by handling your monthly bookkeeping, keeping your records organised and up to date.
Accounting Software Setup
We ensure you are on the right software. If needed, we recommend the best platform for your business: Xero, QuickBooks, or FreeAgent.
Proactive Tax Efficiency Reviews
We review your financial position to identify legal allowances and reliefs. This includes expense checks and income planning.
Ongoing Accountant Support
Get fast, reliable help from real accountants who understand your business and respond when you need support.
We Take Self Assessment Off Your Plate Completely
Most sole traders dread January. The deadline is looming, the receipts are scattered, and the numbers do not add up. That ends when you work with us.
As your sole trader accountant, we prepare your accounts, calculate your assessment tax, and file your Self Assessment return with HMRC well before the deadline. You do not need to chase us. You do not need to understand the forms. We handle the entire process and explain what you owe and why in plain English.
We also review your business expenses line by line to make sure you are claiming everything HMRC allows. Travel, equipment, home office costs, software, insurance. Most sole traders we take on are missing valid deductions because nobody told them what counts. That changes on day one with us.
If you are VAT registered, we manage your VAT returns too. If you are not sure whether you should be registered, we advise you based on your actual turnover, not a guess.
How Easy Is It To Switch?
Switching to new limited company accountants used to be painful. Not with us.
01
WE CONTACT YOUR OLD ACCOUNTANT
We handle the professional clearance and handover process directly with your previous firm.
02
WE MIGRATE YOUR DATA
We securely transfer your records and financial history so nothing is lost.
03
Meet Your Accountant
You are introduced to the dedicated accountant who will look after your self-employment tax.
04
You’re Live
Your systems are compliant, set up correctly, and you are ready for business.
Our Promise To You
We combine modern efficiency with old-fashioned service. You get real accountants who know your name and understand your business.
RESPONSIVE SUPPORT
Real accountants, real answers. We don’t use impersonal ticketing systems, giving you direct access to the support you need.
Dedicated Accountant
You won’t be passed around a call centre. You get a dedicated accountant who understands your specific situation.
EXPERT TAX EFFICIENCY
We use our expertise to ensure your accounts are structured efficiently, checking for the allowances and reliefs relevant to you.
Clear advice in plain English
No jargon. Just practical, direct guidance so you always understand your financial position.
The Accountant for Sole Traders You’ve Been Looking For
We’ve helped millions of sole traders understand tax through our content. Now, let us help you directly. We provide the expert support you need to run your business with confidence.
Specialist accounting tailored for:
Accounting Services Built for Sole Traders Who Want to Grow
There is a point where most sole traders start wondering whether they are in the right structure. You are earning more, paying more tax, and starting to think a limited company might save you money. We run the numbers and give you a clear answer.
Until then, we make sure your sole trader setup is as efficient as it can be. That means keeping your financial records clean, your bookkeeping up to date, and your accounting software working properly. We set you up on Xero, QuickBooks, or FreeAgent and show you how to use it so you always know where your business accounts stand.
We work as accountants for sole traders across the UK. You do not need to be local. Everything runs through cloud software, video calls, and direct messaging with your dedicated accountant. Whether you found us through a sole trader accountant near me search or through our YouTube channel, the services are the same.
Every client gets a named accountant who knows their business. Not a ticket system. Not a call centre. A real person who picks up when you call and responds the same day when you message. That is what a trader accountant should be.
Frequently Asked Questions
What records do I need to keep as a sole trader?
You need to record all income and expenses, keep receipts and invoices, and maintain accurate bank records. If you are VAT registered, you need VAT records too. We set you up with software that handles this automatically.
What is Making Tax Digital and does it affect sole traders?
It requires sole traders earning above £50,000 to keep digital records and submit quarterly updates to HMRC from April 2026. We handle the setup and all submissions.
Should I switch from sole trader to limited company?
It depends on your income. Once you earn above a certain level, a limited company can save you a significant amount in tax. We review your numbers and give you a clear recommendation.
Do HMRC investigate sole traders?
Yes. HMRC runs checks on sole traders, particularly around expenses and undeclared income. Having accurate records and a professional accountant managing your filings significantly reduces the risk of an enquiry and gives you support if one happens.
Do sole traders need an accountant?
Legally, no.
But most sole traders choose an accountant because tax returns, allowable expenses and HMRC rules can be complex. An accountant helps you avoid mistakes and maximise tax savings.
How much does an accountant cost for a sole trader?
Fees vary, but most sole traders pay between £20–£60 per month depending on the level of support needed.
Can you write off expenses as a sole trader?
Yes, many business expenses are tax-deductible, including travel, home office costs, subscriptions, tools, equipment and more. We help you claim everything you’re legally allowed.
Do you act as a sole trader accountant year-round or just for tax returns?
Both.
Some sole traders use us just for their annual Self-Assessment. Others choose ongoing support throughout the tax year.
What’s included in your sole trader accounting services?
Self-Assessment filing, tax planning, bookkeeping support, VAT advice, cloud software setup and year-round guidance.
How can I avoid paying 40% tax as a sole trader?
By using allowances, reliefs, expense planning and (often) reviewing whether a limited company would save you more. We outline your options in your consultation.
What’s the difference between sole trader accounting and limited company accounting?
Sole traders have simpler rules but fewer tax planning options. Limited companies offer more flexibility and potential savings, but more compliance.
Do you handle VAT returns for sole traders?
Yes, we manage VAT registrations, filing and MTD compliance.
How quickly can I switch to you?
Most sole traders switch within 48 hours with no disruption.