Accountants for sole traders
Sole traders pay Income Tax and National Insurance on their profits through Self Assessment, and from April 2026 or 2027 most will report quarterly under Making Tax Digital. We handle the records, the returns and the quarterly filing, from £149 a year.
What usually goes wrong
These are the four things we most often find when a new sole traders client brings us their last couple of years.
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You are not claiming everything you could
Mileage, use of home, phone, training, equipment, pre-trading expenditure. Most self-employed people under-claim because nobody has ever gone through it with them properly.
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Making Tax Digital is about to land on you
If your turnover is over £30,000 you will be filing five times a year from April 2027 instead of once. Most sole traders have no idea this is coming.
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The VAT threshold is creeping up on you
Cross £90,000 of rolling turnover and you must register. Registering late means paying VAT you never charged, out of your own pocket.
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You are wondering whether to go limited
The old £30,000 rule of thumb no longer holds. National Insurance cuts closed most of the gap. What matters now is whether you can leave profit in the business. It is a calculation, and we will run it for you.
What we do for you
- Self Assessment Your return prepared, checked for missed reliefs and filed early. from £149
- Making Tax Digital Software, quarterly updates and your final declaration, all handled. from £35/mo
- Bookkeeping Clean digital records on Xero, QuickBooks, FreeAgent or Sage. from £95/mo
- VAT Registration, the right scheme, and every quarterly return filed. from £45/mo
- Company formation Incorporation, share structure and HMRC registrations within 24 hours. from £99
Guides for sole traders
Sole traders: common questions
How much does an accountant cost for a sole trader?
Our Self Assessment returns start at £149. Add bookkeeping from £95 a month or Making Tax Digital from £35 a month if you want the whole thing handled. All fixed fees, agreed in writing first.
Do I need an accountant as a sole trader?
Not legally. But the tax saved through properly claimed expenses and reliefs usually exceeds the fee, and from April 2027 most sole traders will have five filing deadlines a year instead of one.
When should I go limited?
When you can leave profit in the business rather than drawing it all, when you need limited liability, or when clients expect it. The pure tax saving is much smaller than it used to be. We model both options with your actual numbers first.