Accounting 

We prepare and submit year-end accounts for Sole Traders, Partnerships, and SMEs. This includes the preparation and filing of final accounts and tax returns with Companies House and HMRC.

  • Company accounts and corporation tax
  • Sole trader accounts
  • Partnership accounts
  • Self-assessment tax returns
  • Rental property accounts
  • VAT returns
  • Bookkeeping
  • CIS returns and refunds

We have extensive experience supporting sole traders, partnerships, limited companies, contractors and landlords across a wide range of industries.

Sole Trader Accounts

If you run your own business as an individual, you must register with HMRC as a sole trader. As a sole trader, you are required to follow certain rules for running your business and keeping accurate records. Becoming a sole trader does not mean you must work alone — you are free to employ staff if you choose. You can also retain all of your business profits after paying tax.

We can assist you with registering as a sole trader, including obtaining your Unique Taxpayer Reference (UTR) from HMRC.

As a sole trader, your key responsibilities include paying any business debts, settling all business bills, keeping records of your income and expenses, and paying income tax and National Insurance contributions.

We can support you with maintaining your records, calculating your tax and National Insurance liabilities, preparing your profit and loss statement, and filing your Self Assessment tax return with HMRC.

Partnership Accounts

If two or more people plan to work together and share the responsibilities, costs, and profits of a business, you must register with HMRC as a partnership. Partnerships must follow specific rules for running the business and keeping accurate records.

Before trading begins, partners should draw up a formal partnership agreement. This agreement will outline how profits are shared and how the business will operate.

We can assist you with registering for Self Assessment and obtaining your Unique Taxpayer Reference (UTR) as a partner.

Limited Company Accounts

We have extensive experience working with limited companies across a wide range of industries. If you’ve decided to set up a limited company, you’ll need to register your chosen name with Companies House. The name must be unique and not already in use.

A limited company must have at least one director and one shareholder. There are also specific rules and requirements you’ll need to follow when completing the registration process.

We can guide you through setting up your new limited company and ensure you’re registered with all the relevant departments. Your company will be automatically registered with HMRC once it has been incorporated.

Contractors

If you are a contractor or freelancer, or looking to establish yourself as one, we provide high-quality services and dedicated support tailored to your needs.

 

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