Daily updated bookkeeping, VAT and MTD, accounts and self assessment returns
for sole traders and partnerships
Tax advice, self assessment returns and CIS claims
Many people start their own business by operating as a Sole Trader or partnership and as their business grows they may progress to operating through a limited company. We help clients get started by helping register their sole trader or partnership business
We can take care of all the accounting and taxation requirements letting our clients get on with running their business. Alternatively we can offer a once a year return service while still being available during the year for help and queries when things crop up.
For sole traders in the construction sector we offer a speedy return service to ensure they are able to obtain tax refunds as quickly as possible.
We use Xero for all our VAT registered clients and make sure that their Xero accounts are updated every business day for all transactions. We do this because we believe that business owners should be able to call up their current figures 24/7 enabling them to make business decisions based on the most up to date data possible. We can also get in touch quickly with suggestions and provide timely tax planning advice.
To make this happen does require some action from our clients-when they spend money we ask that they forward the invoice to an email address we supply so that we can account for it properly. Thats it though-from that point on we take care of the books meaning they can focus on their business. Accurate daily figures also mean that Making Tax Digital (MTD) holds no fears for our clients. The information its ready, Xero is MTD compliant so we can submit promptly ensuring no penalties for late filing. It also ensures no extra charges from us for MTD compliance.
For non VAT registered sole trader clients we also offer an advice and annual returns only service
Our pricing-Xero full service clients
We offer a fixed price agreement based on the amount of transactions in the month. A transaction is simply a line in your bank account or credit card statement. This is reviewed every 3 months to ensure our clients pay the right amount and no more for their service. Remember this is an inclusive price including:
VAT quarterly returns
Self assessment filing (up to 2 partners)
Partnership return filing if required
Tax planning and general advice
Monthly management accounts
Your Xero software
Here are our monthly prices (VAT exclusive):
0-10 transactions per month £65
11-20 transactions per month £90
21-30 transactions per month £110
31-50 transactions per month £140
51-75 transactions per month £180
76-99 transactions per month £230
over 100 or retail business-contact us for quote
Our pricing-annual returns only service
For non VAT registered clients we offer a fixed fee option that includes the self assessment return, CIS reclaim if applicable and advice for £425 per year.
Optional extras-monthly prices (VAT exclusive):
Payroll (up to 5 people) £20
Multi Currency. £5