Self-Employed and Sole Traders

With tax now going digital, self-employed businesses have to use a third-party cloud accounting platform in order to report their taxable income and gains in real-time. Where in the past you could simply keep a record of your sales in a spreadsheet, this will no longer be permissible.

Instead, you need to keep digital records of your sales, broken down by VAT liability. You will have to summarise purchases broken down by VAT and retain information such as the adjustments made for car leasing, business entertainment, travel etc. You are also now required to submit a year-end declaration, as well as provide information throughout the year.

We work with self-employed business owners who are struggling to find the right cloud accounting platform and meet the new tax digital rules. We offer accountancy package advice, support and training, so you can confidently manage your accounts online.

We take the time, stress, and hassle of managing your bookkeeping, managed accounts, VAT, and filing your accounts away. Leaving you to focus on your job, confident that your accounts are accurate, correct, and filed appropriately.

We are unique in that we don’t simply file your accounts. We offer advice, support, and guidance when you need it. We keep you up to date with the change in regulations and rules that apply to you.

Self-Assessment Returns

Don’t leave your self-assessment return until the last minute! We’ll not only submit your assessment in good time, but we will help you organise and understand your financial situation so that you can plan confidently for the future.

We can organise your financial processes and give shape to your financial systems, improving your tax planning and providing financial structure. With compliance assured, you can focus on growing your business and improving your cashflow.

Self-Assessment Help