Whether you have been in business for many years or are just starting out on the road to self-employment then we are here to help.
Limited Company accounting
It does not matter if Whether you are an electrician, gas engineer, plumber, builder, freelancer, contractor, beautician, hairdresser, taxi driver, catering company, Healthcare worker or a side hustler.. We work with self-employed traders of all types to help them understand their numbers, organise their business admin and reduce their tax bills.
Reclaim Your Time Off
We don’t believe in a cookie-cutter approach and that’s why we aim to match our service to your needs.
We like to sit down with our new clients and understand their business and what they are looking for from the relationship.
What makes us different is that we don’t just sit and wait for your call - we’re always monitoring the market for the latest developments and when we find something that we think might make or save you money then we let you know.
For startups, we offer a free initial consultation to help you understand what you need to do and to make sure you are set up in the right way.Once you are up and running we can offer support with everything from bookkeeping to accounts to payroll.
NO NASTY HIDDEN FEES OR EXTRAS!
No hidden fees, no time-based billing, no extra charges for picking up the telephone, just one of our qualified professionals in your corner, part of your team, vested in your success.
Accounting for Self Employed
Included in the Self Employed Accounting Package
Accounts Preparation
Self Assessment Filing
A dedicated accountant
1-1 tax advice & your tax return filed
Integrated HMRC submissions
Tax Optimisation
Full access to our professional accounting software
Preparation and submission of the VAT return (if required)
Manage the company payroll (if applicable)
Unlimited Support , Online. By phone. In person
From Just
£99.50
Per / month
Difference between sole trader and self employed
A sole trader is a specific legal structure for a business where one person owns and operates it. Being self-employed is a broader term that includes sole traders and other individuals who work for themselves, regardless of their legal structure.
How to get UTR Number
To get a UTR (Unique Taxpayer Reference) number in the UK, register as self-employed or set up a limited company with HM Revenue and Customs (HMRC).
Top ten tax tips for self employed ?
Keep Accurate Records.
Claim Allowable Expenses.
Pay Tax on Time.
Register for Self-Assessment.
Consider Payments on Account.
Utilize Tax Reliefs.
Separate Business and Personal Finances.
Plan for National Insurance Contributions.
Stay Informed About Tax Deductions.
Seek Professional Advice.
What are my duties as a self employed ?
As a self-employed individual in the UK, your main duties include:
Registering with HMRC.
Keeping accurate financial records.
Filing a Self-Assessment tax return.
Paying income tax and National Insurance.
Meeting legal and regulatory obligations.
Managing your finances and expenses.
Planning for retirement and pensions.
Should I register for VAT as a self employed?
You should register for VAT as a self-employed individual in the UK if your taxable turnover exceeds the VAT registration threshold, which is subject to change and should be checked with HMRC.
What expenses can I claim being a self employed ?
As a self-employed individual in the UK, you can typically claim business-related expenses, including:
Office and equipment costs.
Travel and accommodation.
Marketing and advertising.
Insurance and legal fees.
Professional fees.
Office supplies.
Business use of your home.
Vehicle expenses.
Training and development.
Miscellaneous expenses directly related to your business
Dedicated 2 person Team
They will be your point of contact if you require any help along the way.
Tax Optimisation
Regular tax efficiency reviews to reduce your tax bill
Regular reminders
We send regular reminders prior to submission. We'd hate for you to be late!
Save Time
We want to give you back your time. No need to waste hours going through receipts and statements.
Free Accounting Software
Our easy-to-use free accounting software makes it easy to send out invoices and keep track of expenses.
Helping you save time and money whether you are a freelancer, sole trader or limited company.
Our Services?
Accounts
Need help with your year-end accounts? we’ll ensure you save time, submitting your year-end accounts to HMRC and Companies House on your behalf.
Payroll
A complete managed payroll service for employers and directors
Self Assessment
Self Assessment doesn’t need to be painful.
VAT Returns
Calculating and reporting VAT is a complex, time-consuming process.
Bookkeeping
Bookkeeping is tedious for any business owner, and falling behind is easy to do.
Management Accounts
Bookkeeping is tedious for any business owner, and falling behind is easy to do.
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Looking for information on our other accountancy services?
There are five core compliance requirements you need to be aware of:
Accounting - covers your annual filings
Bookkeeping - record keeping and classifying transactions into their correct accounting categories
VAT - you need to know when to register and file returns once registered
Payroll and pensions - you have to report to HMRC if you pay someone an employee a salary
Self Assessment - you personally may have to file an annual return, most commonly if you receive income that is not taxed at source, e.g. rental income or dividends
Changing accountants isn’t something that you do regularly so we’ll walk you through the process and make sure that you are completely comfortable with your new firm.
1
Sign up
This includes completing things like a letter to your old accountant and a form allowing us to act on your behalf with HMRC. (don’t worry, we’ll guide you through)
2
Let’s talk
We need to know about your business and what you are hoping to achieve from your accounting
3
Get going
We’ll integrate with any systems you already have and refine our processes so that you get the service you deserve
What our clients say about us!
Get in touch
Skip the form and talk to someone right now
Speak to us now on: 03300431232
Email us at: [email protected]
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A ROBUST FINANCE FUNCTION FOR THE FRACTION OF THE COST
A COMPLETELY OUTSOURCED FINANCE DEPARTMENT
We’ll take care of everything for you, giving you your own finance team for the fraction of the cost and hassle of bringing it in-house. We’ll free you to focus on growth, supporting it with rich data, insight and friendly professionals in your corner.
Accountax - your trusted partner for expert accountancy services in the UK.
Address :7 Bell Yard,
London, England,
WC2A 2JR
Phone: 03300431232
Email: [email protected]
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