
ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...

Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...

Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More

KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More

SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More

Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More

Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.

DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More

Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More

Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More

Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More

QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...

BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More

The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
Frequently asked questions
What exactly does an accountant for a sole trader do?
An accountant for a sole trader handles your Self Assessment tax return, ensures you claim all allowable expenses, and advises on record keeping. They can also help with VAT, bookkeeping, and tax planning. They act as a financial advisor, helping you understand your tax position and plan for the future. They also communicate with HMRC on your behalf if any issues arise, saving you time and stress.
How do I choose a qualified accountant in Blandford Forum?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has met rigorous standards and follows a strict code of ethics. You should also consider their experience with sole traders specifically, as they will be more familiar with your type of business. Check their reviews and ask for references to ensure they are a good fit for your needs.
What is the difference between a tax return and a Self Assessment?
A Self Assessment is the system HMRC uses to collect Income Tax from individuals who are not taxed through PAYE, such as sole traders. A tax return is the form you submit to HMRC under the Self Assessment system. It details your income and expenses, and HMRC uses this to calculate your tax bill. Your accountant will prepare and file this return on your behalf, ensuring accuracy and compliance.
Can an accountant help me with VAT registration and returns?
Yes, absolutely. If your turnover exceeds the VAT threshold, or you choose to register voluntarily, an accountant can handle the entire process. They will advise you on the best VAT scheme for your business, such as Flat Rate or Standard Accounting. They will also prepare and submit your VAT returns, ensuring you meet deadlines and claim any input tax you are entitled to.
How much does it cost to hire an accountant for a sole trader?
The cost varies depending on the complexity of your business and the services you require. Some accountants charge a fixed fee for a basic tax return, while others offer monthly packages that include bookkeeping and ongoing advice. It is best to request quotes from several firms in Blandford Forum and compare what is included. Remember that a good accountant can save you more than they cost through tax planning and identifying deductions.
What records do I need to keep for my accountant?
You need to keep records of all your income and expenses, including receipts, invoices, and bank statements. For a sole trader, this includes records of sales, purchases, and any business-related costs. Your accountant will need these to prepare your tax return accurately. It is also a legal requirement to keep these records for at least five years after the 31 January submission deadline, so it is important to stay organised.
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