Money coming in
Invoices, app or till summaries and bank payments. The easiest thing you can do is use a separate business bank account — it saves hours at year end.
Sole traders
Self-employed? We'll take the tax worry away
Being your own boss shouldn't mean a January panic. We get your return done early, tell you what you owe in plenty of time, and make sure you're claiming everything you're entitled to.
What's included
- Your accounts pulled together from whatever records you keep
- Self Assessment return prepared, checked and filed
- A clear figure for your tax and National Insurance, well ahead of time
- An expenses review so you're not paying more tax than you should
- Advice on whether the cash basis or full accounts suits you better
- A nudge before you hit the VAT threshold, not after
- Reminders for payments on account so nothing catches you out
- Getting you set up for Making Tax Digital when it applies
Your year, at a glance
6 April
New tax year starts — we can get last year's return done and dusted.
5 October
Deadline to register with HMRC if you've just started out.
31 January
Return filed and tax paid. Ours are usually finished months earlier.
31 July
Second payment on account, if you make them. We'll remind you.
Keeping records without the headache
Money going out
Keep receipts for materials, tools, insurance, subscriptions and travel. Photos on your phone are fine as long as we can read them.
Working from home and driving
You can claim a fair share of your home costs, or use HMRC's simple flat rates. A rough mileage note is usually all we need for the car.