For those just starting out on their own, many choose the Sole Trader option as it is the simplest to set-up and has fewer accounting responsibilities than a Limited Company. We’d be delighted to chat through your requirements by phoneby email or in person.

Below, we’ve shown our typical ‘pay-monthly’ packages for Sole Traders as a guide to our fees. All packages include FREE online bookkeeping software so you can throw away the shoe box of receipts and excel spreadsheets, knowing you’re ready for MTD (Making Tax Digital)!

CORE

Typical Fee

£65

+VAT /month

– HMRC Registrations
– Accounting Software
– Dedicated Accountant
– Year End Trading Accounts
– Personal Tax Return
– Filings with HMRC
– Expense Advice
– Ongoing support

CORE+PLUS

Typical Fee

£85

+VAT /month

– Everything in CORE
+PLUS;
– VAT Return Filings
– Quarterly Reviews

ADD-ON’s

Available

£PoA

Choose to add;

– Bookkeeping Service
– Quarterly Snapshot
– Mortgage Reference
– Enquiry Fee Protection

Sole Trader FAQ's

What is Xero and FreeAgent software?

Xero and FreeAgent are both easy to use ‘in-the-cloud’ accounting software which we provide to you as part of your package. It’s a great fit for Sole Traders and it makes it easy for you to raise and send client invoices, track your expenses on the go and reconcile the bank account transactions quickly. Simply, throw away your old Excel spreadsheets – our online software sorts out the mess and the stress of managing your small business finances. Snap an expense, fire off an invoice and check your cash flow with automated bank transaction imports. Take care of business, anywhere 24/7/365.

I only need year end accounts and tax return filings. Can you help?

Yes. We recognise that not all Sole Traders want online accounting software or even payroll and VAT services as they may already handle this themselves. We can easily provide a straightforward Year End trading accounts and personal tax package for an all-inclusive and fixed fee. Working from the records and information provided to us by you, we’ll simply prepare and file everything for you, with HMRC as required acting as your HMRC tax agent. Simply get in touch to discuss your requirements.

I need to file for prior years. Can you help?

Yes. We can add prior periods and prior tax returns to any plan to help you catch-up and bring your affairs up to date with HMRC.

I already have an accountant. How easy is it to switch?

Very easy. Simply, once we have agreed an all-inclusive fixed-fee package with you, we simply require you to inform your current provider of your intentions to switch (by email) and we can take it from there. We’ll handle the entire handover procedure for you.

Have any other questions?

Simply, get in touch. We’re ready when you are.