Services for Sole traders & self employed

I know that sole traders and self employed need accounts prepared which are typically used as a basis for income tax returns and banking purposes. When preparing these accounts, I would highlight any issues that will require attention and make specific recommendations for improved financial control within their business. I also ensure that they meet their VAT requirements.



I would also prepare and file their income tax return making sure that they maximize the exemptions available to them.

I also provide a wide range of accounting support services to suit individual clients, including payroll, bookkeeping and other administrative services.

David’s top tips for sole traders & self employed

  • Manage your cash and ensure that you chase debtors for timely payment

  • Set up a separate business bank account

  • Budget for preliminary tax payments in October.

  • Make sure you claim all business expenses including working from home costs

  • File your income tax returns on time and claim all exemptions

  • Ensure that you make timely returns and payments for all taxes e.g. PAYE, VAT.

  • Maintain a cashbook that lists cash receipts and cash payments

  • Have a budget

  • Ensure that you do proper payroll and meet all Employer legal requirements

  • Think about having a pension

  • Control purchasing and expenditure

Services for
SERVICES FOR
INTERIM FINANCIAL CONTROL

START UP/ ENTREPRENEURS

SELF EMPLOYED

TAX SERVICES

COMPANY SECRETARIAL

10 ways to lower
 your tax bill
 - click here
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