How we help sole traders
Working for yourself means you're responsible for your own tax. We take that off your plate: we work out your profit, make sure every allowable expense is claimed, file your Self Assessment tax return and tell you exactly what to pay and when.
With Making Tax Digital for Income Tax now being phased in for sole traders, we'll also set you up with the right software and handle your quarterly updates, so the new rules don't add to your workload.
Common challenges we solve
- Not knowing which expenses you can claim
- Payments on account catching you out in January and July
- Keeping digital records for Making Tax Digital
- Deciding when it makes sense to become a limited company
Services for sole traders
- Self Assessment Tax Returns — Personal tax returns prepared accurately and filed on time — for the self-employed, landlords, company directors and anyone with income outside PAYE.
- Bookkeeping — Clean, up-to-date books so you always know where you stand — using cloud software that keeps your records ready for VAT, year-end and tax.
- VAT Returns — VAT registration, scheme advice and Making Tax Digital-compliant returns, prepared from your records and submitted before the deadline.
- Company Formation & Start-ups — Starting out? We'll help you choose the right structure, register with HMRC and Companies House, and set up your records properly from day one.
Frequently asked questions
Do sole traders need an accountant?
There's no legal requirement, but an accountant makes sure your return is correct, that you claim everything you're entitled to and that you meet Making Tax Digital rules. For most sole traders the fee is outweighed by tax saved and time freed up.
Does Making Tax Digital apply to me?
Sole traders and landlords with qualifying income over £50,000 joined from April 2026, over £30,000 join from April 2027 and over £20,000 from April 2028. Qualifying income is your total turnover from self-employment and property before expenses.
When should I switch from sole trader to limited company?
It depends on your profits, how much you draw and your plans. We'll compare the two for your figures — see our guide to sole trader vs limited company.