img

Accountants for Sole Traders

We provide expert accountants for sole traders. We expertly manage your bookkeeping, VAT registration and returns, payroll management, tax submissions, and HMRC requirements.

Our experienced team delivers consistent and trustworthy support, so you can concentrate on growing your business with confidence. With our help in Accounting for sole traders, you receive dependable assistance every step of the way to keep your business running smoothly.

Bookkeeping and VAT Services in the UK

Bookkeeping Services in  UK
Bookkeeping Services in  UK Bookkeeping Services in  UK
Bookkeeping Services in  UK

How We Help Sole Traders

A sole trader accountant helps manage the accounting and tax responsibilities of your business. We ensure your records are accurate and keep you follow HMRC rules.

How we help:

  • Bookkeeping: Recording your income and expenses clearly.

  • Preparing and submitting your self-assessment tax return.

  • Advising on tax payments and deadlines to avoid penalties.

  • VAT registration and return management if your turnover requires it.

  • Payroll services are required if you employ staff.

  • Offering support during HMRC audits.

  • Helping with tax planning to maintain efficiency and compliance.

Bookkeeping Services in  UK

Our Accounting Services for Sole Traders

Our accounting services for sole traders cover everything you need to keep your
accounting in order and your business running smoothly.

Bookkeeping Services in  UK

Accounting for Sole Traders

We prepare accurate yearly accounts to meet regulations and provide a clear view of your business accounting.

Know More
Bookkeeping Services in  UK

Bookkeeping for Sole Trader

We keep detailed records of all your financial transactions to ensure your accounts are always up to date.

Know More
Bookkeeping Services in  UK

Self-Assessment for Sole Trader

We manage your self-assessment tax returns, making sure they are filed correctly and on time.

Know More
Bookkeeping Services in  UK

VAT Services for Sole Trader

We handle your VAT registration and returns, following HMRC rules and helping reclaim VAT when possible.

Know More
Bookkeeping Services in  UK

Payroll Services for Sole Trader

If you have employees, we take care of payroll, ensuring correct and timely payments, including pensions and deductions.

Know More
Bookkeeping Services in  UK

Making Tax Digital

We use HMRC-approved software to keep your tax records digital and make submissions simple.

Know More
Bookkeeping Services in  UK

Why Choose our Accountant for Sole Traders?

Choosing the right accountant is important for any sole trader.
Our team offers clear expertise, personalised care, and practical solutions focused on your business’s needs.

Personal Service

You work with an accountant who understands your goals and supports you at every step.

Transparent Pricing

We offer fixed fees with no hidden costs, so you can plan your finances easily.

Quick and Helpful Support

Get fast answers and direct help whenever you need it.

Scalable Services

As your business changes, we adjust our services to meet your needs, whether managing complex transactions or providing tax advice.

Reach us today.

If you want to take your accounting work to the next level, then reach us today without wasting time.

Gives us a Call

0208 8611685

Send me Mail

info@phs-uk.co.uk
Bookkeeping Services in  UK

Frequently asked questions

A sole trader is a person who owns and runs their business individually, taking full responsibility for its profits and debts.

Sole trader accounting involves tracking your business income, expenses, and profits to manage financial records and meet tax obligations.

It’s recommended, as an accountant can help with bookkeeping, taxes, HMRC requirements, and save you time and stress.

You need to file a yearly self-assessment tax return detailing your business income and expenses. .

No, sole traders are not legally required to have their accounts audited. .

Yes, accountant fees are a valid business expense and can be claimed on your tax return. .

It’s not compulsory, but having a separate business bank account makes managing your business finances simpler. .

You are taxed as an individual on your business profits through the self-assessment system, paying income tax and National Insurance. .

Bookkeeping Services in  UK
img

PHS Associates Acc & Co is led by a skilled team with expertise in Accounting, Taxation, Payroll, Business consultancy, and Company secretarial services.

Locations

© Copyright 2024 PHS Associates Acc & Co

Company number - 08670151