
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

Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More

Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More

Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More

London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More

Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More

" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More

Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More

Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....See More

Abu Umar & Co.
Welcome to Abu Umar & Co. We are a small Accounting firm, based in London, We specialize in dealing with all accounting problems. As we have been o...See More

City Tax London
City Tax London provides unparalleled personalized accounting services and th...

APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More

Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...See More

Taxaccolega Chartered Accountants & Tax Advisers
As one of the brightest firms of chartered accountants in London, UK, Taxaccolega, based in Croydon, combines the passion and creative thinking of a s...See More

Cruse + Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More

Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Frequently asked questions
What does an accountant for sole traders do?
An accountant for sole traders handles your financial records, prepares and submits your Self Assessment tax return to HMRC, and advises on allowable expenses and tax reliefs. They also help with VAT registration, bookkeeping, and cash flow management. By managing your accounts, they ensure you meet deadlines and avoid penalties, giving you more time to run your business.
How do I choose a qualified accountant in Upon-thames?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications guarantee a high standard of expertise and ethical practice. You can also check their experience with sole traders specifically, read client reviews, and arrange an initial consultation to discuss your needs and fees before making a decision.
What is the difference between an accountant and a tax return specialist?
An accountant offers a broader range of services, including bookkeeping, financial planning, VAT, and payroll, whilst a tax return specialist focuses solely on preparing and submitting tax returns. For a sole trader, an accountant provides ongoing support and strategic advice, whereas a specialist may only assist with annual compliance. Depending on your needs, either could be suitable.
Can an accountant help me with HMRC investigations?
Yes, an experienced accountant can represent you during an HMRC investigation, helping to gather necessary documents and respond to queries. They will ensure that your records are accurate and that you meet all legal requirements. Having professional support reduces stress and can prevent costly mistakes, as your accountant understands the investigation process and can negotiate on your behalf.
How much does it cost to hire an accountant for a sole trader?
Costs vary depending on the complexity of your finances and the level of service you require. Some accountants charge a fixed annual fee for tax return preparation, whilst others bill monthly for ongoing support. In Upon-thames, prices typically range from £150 to £500 per year for basic services. Always request a clear quote before engaging a professional.
Do I need an accountant if I am a sole trader with a small income?
Even with a small income, an accountant can save you money by identifying allowable expenses and ensuring you claim all available tax reliefs. They also help you stay compliant with HMRC rules, avoiding penalties for late or incorrect filings. For many sole traders, the cost of an accountant is offset by the savings and peace of mind they provide.
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