Wehther you are just starting out or choose to run your business as a sole trader, we have the knowledge and services to support your business.
WHAT THE PEOPLE SAY
“I've never had and never would have expected this kind of service from an accountant. It's online, it's easy and they go the extra mile in helping you out!”
Filing Personal Tax Returns for Sole Trader adds a couple of complexities. We'll streamline the process and and make it easy-peasy.
You get the same time-saving service at a lower cost as a Sole Trader. Your returns are slightly less complex than a Ltd company, so we charge you less.
We'll advise you if and when it makes sense to incorporate as a Limited Company. We can even handle VAT registration transfers so this happens smoothly.
The most popular reason is you can sell straight away. No need to incorporate, just get started. Pros: you save slightly on accounting fees and admin. Cons: you miss out on the benefits of being incorporated (however, these are less important when just starting out).
If you are testing the waters, the Sole Trader route is a great way to do it. HMRC even give you a trading exemption of £1,000 as well (no reporting obligations if you don't breach this threshold).