Accountants for Sole Traders
Are you starting or running your business as a sole trader? Do you need an accountant to make you stress-free from bookkeeping to tax returns? Whether you are a contractor, self-employed individual or freelancer, Accotax is here to deal with your numbers so that you can focus on your business growth. Our accountants for sole traders in London offer you expert advice, hassle-free tax returns, and fixed-fee accounting services. Our accounting services for sole traders, include:
- Self-employed registration with HMRC.
- PAYE registration
- VAT Registration
- Personal tax registration
- Business advisory services
- Tax investigation insurance
- Business growth ideas
- MTD ITSA (Making Tax Digital for Income Tax Self-Assessment)
Expert Accountants for Sole Traders in London
Whether it’s your first tax return or currently managing different clients as a sole trader, having an expert accountant on your side makes all the difference. From setting up your business structure to advising on allowable expenses and future growth, Accotax has got you covered. You will find Accotax as the best partner during your self-employment journey. Our Accountants for sole traders in London provide proper guidance and tailored tax strategies that help you to stay complaint, maximise your earnings and avoid any penalties.
Sole Trader Accounting Services For Businesses
Our sole trader accountants at Accotax work with a wide range of self-employed individuals including:
- Freelancers & consultants (IT, design, marketing, etc.)
- Electricians, plumbers, decorators & tradespeople
- Uber & Deliveroo drivers, couriers & gig workers
- Health & wellness professionals (PTs, therapists, yoga instructors)
- Creatives — photographers, videographers, copywriters
- Tutors, online educators & trainers
FAQs – Accounting for Sole Traders
Do sole traders need an accountant in the UK?
What accounting services do you offer for sole traders?
Accotax provides:
- Self-employed registration with HMRC.
- PAYE registration
- VAT Registration
- Personal tax registration
- Business advisory services
- Tax investigation insurance
- Business growth ideas
- MTD ITSA (Making
- Tax Digital for Income Tax Self-Assessment)
Can Accotax help me register as a sole trader?
Absolutely. We assist with HMRC registration, UTR setup, and help you understand your responsibilities as a sole trader from day one.
What’s the deadline for submitting a sole trader tax return?
The deadline to file your online Self Assessment tax return is 31st January each year for the previous tax year ending 5th April.
What records should sole traders keep for tax purposes?
You must keep records of:
- Sales & income
- Business expenses
- Invoices & receipts
- Bank statements
- Accotax offers bookkeeping solutions to help with this.
Can I claim business expenses as a sole trader?
Yes! You can claim costs such as:
- Travel expenses
- Phone & internet bills
- Home office costs
- We’ll help ensure you only claim what’s allowable under HMRC rules.
Will I need to pay National Insurance as a sole trader?
Why Businesses Trust ACCOTAX
There are several reasons why you should work with us. Some of them are listed below to make faster & wiser decision.
Tech Driven
We believe in automation,and will help you to automate things.
We are Chartered
Regulated by ICAEW, ACCA & AAT top three accountancy bodies
Experienced Team
Our team has over 100 years of combined experience in total.
Fixed Fee
We agree a fixed fee in advance so no more surprised bills.
Unlimited Support
Free telephone & email support throughout the year.
On-Time Filing
Your Accounts will be filed on time, every time, Guaranteed.
Dedicated Accountant
Meet, Call, E-mail or Skype your dedicated accounts manager.
Tax Insurance
Free Tax Investigation Insurance with Growth Packages.