Sole Traders

We understand that preparing and filing a self assessment tax return can be a daunting experience for some.  It is difficult to know what figures to include where, and the result of attempting to do it yourself can leave you paying much more tax than you should be.  That is why we provide a clear and concise service for our sole trader clients that leave them paying not a penny more in tax than they should.

Natalie Thompson explaining accounts to client Accounting Connections

Sole Traders

We understand that preparing and filing a self assessment tax return can be a daunting experience for some.  It is difficult to know what figures to include where, and the result of attempting to do it yourself can leave you paying much more tax than you should be.  That is why we provide a clear and concise service for our sole trader clients that leave them paying not a penny more in tax than they should.

Man stressed with self assessment tax return Accounting Connections
Happy client records to accounts Accounting Connections
Client happy with accounts Accounting Connections

Information Zone

Educating our clients is extremely important to us here at Accounting Connections.  That is why we have tailored this page to give you all the information you need to know about accounting and taxation for sole traders.

If you can’t find an article about the subject you are looking for then please let us know in the form on our contact page and we will endeavour to include the article in our next update.

HMRC Investigations

HMRC Investigations – Are you covered?

Man confused over self assessment tax return

Self Assessment Status

Innovative Business Accounting Connections

Is Your Business Innovative?

Subsistence the facts Accounting Connections

Subsistence: The Facts

IR35-Explained

IR35: Explained

Money-Laundering

What is Money Laundering?

What's New?

Want to know what’s new in the world of accounting and taxation for sole traders?  Then this is the place you need to be.  As the rules and regulations adapt and evolve throughout time, we will be here to keep you as informed as possible with the most current information.  Here are the most current changes for sole traders:

making-tax-digital

The MTD Timeline

Changes for sole traders from April 2018

April 2018: Sole Trader Changes

Man ignoring self assessment deadline

Self Assessment Deadline Looming

Read more in News for Sole Traders...

Prices

We feel that it is very important to be clear about our pricing, which is why we choose to make this information available to all on our website.  All our prices are agreed with you up front before any work takes place, which means we can guarantee that you are left with no nasty surprise bills once the work is completed.

All the prices listed here are guidelines and are dependent upon the quality of the records that we receive from you.  This means that the better your records, the lower the price you pay.  Better records can be achieved by using a cloud-based bookkeeping solution like Xero.

Accounts

Preparation of full sole trader accounts including the preparation and submission of the associated self assessment tax return£550
Preparation of sole trader income and expenditure accounts including the preparation and submission of the associated self assessment tax return£285

Preparation and submission of self assessment tax return:

1 form of income – just sole trade£210
2 forms of income – e.g. employment and sole trade£230
3 forms of income – e.g. employment, sole trade and savings income£250

Late provision charges will be added to those people who do not deliver their records to us before 1 December where the deadline is 31 January.

All prices are subject to VAT at the current rate.

We're having a party!

Accounting Connections are having a 5th Birthday celebration in aid of the Medway Foodbank and you're invited.

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