Accounting for Sole Traders

When you choose to go out on your own and start your own business, one of your first professional contacts should be an accountant, as there are several important issues that need dealing with in the early days of business start-up. We offer a free initial consultation to discuss how we can help and work with you.

For the sole traders or the self employed, we can do your bookkeeping so you can concentrate on your business. If you wish to do your own bookkeeping we offer a bookkeeping health-check to help you set up or check your bookkeeping system. We can discuss VAT issues and the advantages and disadvantages of registering for VAT.

When your business gets to the stage of employing staff we can discuss the issues, register you with HMRC as an employer and run your payroll through our Payroll Bureau.

At the end of your financial year we can take your financial information which will help us produce your final accounts and then discuss these with you. They will be needed when completing your annual tax return, which we can complete and file with HMRC for you.