We provide a simple fixed fee service for preparing sole traders and partnerships accounts. These will form the basis of the owners’ or partners’ tax return.
What records do you need over £50,000 turnover? You will need to join the new Making Tax Digital regime. See the details here
What records do you need if you are VAT registered (normally over £90,000 turnover)? You will need to register for VAT if you have not already done so. For more information click here
We can prepare accounts from whatever bookkeeping records you have – online, spreadsheets, a manual cashbook or just a bag of receipts. However, we will always suggest ways on how to strengthen your record keeping procedures. This will help contain our costs and reduce the risk of an HM Revenue & Customs Tax Enquiry. Record keeping not a strength? We offer a complete bookkeeping service
Fees: Our fee for our average Sole Trader starts from £380 and for the average Partnership starts from £700, to which we are required to add 20% VAT.
If you need assistance with your accounts or your current accountant does not value you, simply contact us.