Sole Trader Blogs
Resources and information for self-employed sole traders working for themselves in business. Find out what you need to know about keeping records, managing your accounts, registering for and paying tax, as well as help and guidance on claiming expenses, grants and support as a sole trader.
What Are the Benefits of Being a Sole Trader?
1st June 2025One of the first decisions most new business owners make is around what type of business structure they should use. Each option…
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Can You Employ People as a Sole Trader?
31st May 2025Being a sole trader doesn’t mean you have to do everything by yourself. Any business owner can take on employees to help…
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Bookkeeping for Sole Traders
22nd April 2025Becoming a sole trader is exciting, but before you start it’s important to understand what being one actually means, as well as…
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Can I Use the Trading Allowance?
14th April 2025You can use the trading allowance even if you receive an income from other sources, such as an employer. For example, you…
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Does a Sole Trader Need to Register for VAT?
4th April 2025The requirement to register for VAT depends on how much money your business makes in any 12 month period, rather than the…
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What Happens When A Business Owner Dies Unexpectedly?
30th March 2025As well as being an emotional time, the practicalities of what to do if a business owner dies can be confusing to…
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What else is included in our accountancy packages?
If you have any questions about our services please call us on 020 3355 4047
Unlimited support via phone or email
Automated reminders for your important deadlines
Annual tax efficiency reviews to reduce your tax bill
Proactive checks of your bookkeeping on Pandle
Automated bank feeds to speed up your bookkeeping
Live chat support on our bookkeeping software
Mobile app to invoice customers & upload receipts
Free representation during a HMRC investigation
Confirm Transactions
The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?
Please contact our sales team if you’re unsure
VAT Returns
It is unlikely you will need this service, unless you are voluntarily registered for VAT.
Are you sure this is correct?
Call us on 020 3355 4047 if you’re not sure.
MTD IT Quarterly Updates
Your final, end of year MTD Income Tax submission is included in your fee, without this add-on service.
We would recommend you submit the quarterly updates yourself using Pandle or alternative bookkeeping software.
However, if you would prefer us to submit these quarterly updates for you, there is an additional fee of £35.00 per month.
Call us on 020 3355 4047 if you’re not sure.
Bookkeeping
You will receive our bookkeeping software Pandle for free, as part of your package.
You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.
Please select and option below:
Call us on 020 3355 4047 if you’re not sure.