Accountants for Sole Traders and Freelancers
Freelance and sole trader income rarely arrives in neat monthly amounts. We help you keep invoices, expenses and bank records organised through the year, prepare year end figures and your Self Assessment return, and check whether Making Tax Digital for Income Tax will apply as your income grows.
Common challenges
- Irregular income making tax hard to estimate
- Platform and client invoices scattered across systems
- Uncertainty about home office and equipment claims
- Records falling behind when several projects finish at once
How we help
- Organise income and expense records through the year
- Prepare year end accounts and Self Assessment figures
- Check VAT registration and Making Tax Digital thresholds as turnover grows
- Compare sole trader and limited company routes when incorporation is being considered
Related services
These services are most often relevant for sole traders and freelancers. Each service page explains what is included and how the process works.
- Sole Trader AccountsYear end accounts for sole traders, including profit and loss and balance sheet where needed, aligned with self assessment reporting.
- Self AssessmentSelf Assessment Tax Returns for individuals, sole traders, company directors and other taxpayers, prepared from the relevant income, expenses and supporting tax information.
- BookkeepingStructured bookkeeping for sales, purchases, bank transactions and business records, helping maintain accurate financial information for VAT, payroll, accounts and tax reporting.
- Making Tax DigitalMaking Tax Digital support for eligible taxpayers and businesses, including digital record keeping, compatible software and HMRC submission requirements.
Frequently asked questions
It depends on your expected profits, how you want to take income, liability and the extra administration a company brings. We compare both routes with your figures so you can decide.
Yes. We reconcile platform statements and client invoices so your records reflect all of your income.
Talk through your circumstances
Tell us what you need and we will outline a clear next step before any engagement begins.
Arrange Your Consultation