
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

Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More

YBSM PARTNERS
YBSM Partners is a Certified Accounting Firm with a difference. Providing Accounting, T...

KHAWAR & CO LTD
Khawar & Co Ltd is an active company located in London, Greater London. We are specialist accountancy firm, ready to help you with different accountan...See More

Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...See More

Southall Accountants
We are the only accountants in the city who are dedicated to groom your business for growth. If you are a business owner, who is putting in the hard w...See More

TaxAssist Accountants
About TaxAssist Accountants Barking At TaxAssist Accountants, we provide a personal and professional accounting service tailored to you. We help star...See More

MONEYTREE FINANCIAL LTD
Moneytree Financials' focus is to provide clients with useful, relevant and meaningful services aimed at supporting and guiding your business as it mo...See More

MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies

TaxPert Solutions Limited Certified Public Accountants
We are a small business accountant who provides smart solutions to your business needs. The Care your Business need from Experts Taxpert is a modern,...See More
Future Formations Ltd
Future Formations is the new generation of forming companies; we have an expert team on hand to help you take the first step towards your future. Ba...See More

Accounting Made Simple
Accounting Made Simple is a tech-savvy accountancy and bookkeeping organization located in London which assists clients to ru...See More

Reckonwell Finance
We are a distinguished Boutique Virtual Finance Office that champions excellence in financial solutions.

Alpha Tax & Accounting
Alpha Tax & Accounting is an independent firm of Financial Accountants. We can help small businesses, established businesses, start-ups, partnerships,...See More

YOUR COMPANY FORMATIONS LTD
Setting up a new company can often be a daunting especially if you have never run a business before. Your Company Formations are a team of experienced...See More

MADE SIMPLE GROUP LIMITED
Founded in 2003, we've formed over 1 million companies and helped thousands of business owners start, run and grow their business. We help you form ...See More
Enterprise Nation
We help people to start and grow their own business.

THEFORMATIONSCOMPANY.COM LIMITED
Forming your company is the first step. Together, we’ll make it an easy one. We’ve helped form more than 750,000 companies. Whether you’re taking a ho...See More
Frequently asked questions
What services do accountants for sole traders typically provide?
Accountants for sole traders usually offer a range of services including preparing and filing your Self Assessment tax return, bookkeeping, VAT returns, and tax planning. They can also advise on allowable expenses, help with HMRC correspondence, and provide general financial guidance. Many firms offer monthly or annual packages tailored to the needs of sole traders, ensuring you remain compliant and financially organised.
How can an ACCA or ICAEW qualified accountant benefit my sole trade?
An ACCA or ICAEW qualified accountant brings a high level of professional expertise and ethical standards to your business. They are trained to handle complex tax matters, identify savings, and provide strategic advice. Their accreditation ensures they are up to date with current legislation, which helps you avoid penalties and make informed decisions. This professional oversight can be invaluable for your business's growth and compliance.
Do I need to register for VAT as a sole trader?
You must register for VAT if your taxable turnover exceeds the current threshold, which is £85,000. Even if your turnover is below this, you may choose to register voluntarily, especially if you want to reclaim VAT on purchases. An accountant can advise you on whether voluntary registration is beneficial and help you manage your VAT returns accurately and on time.
What records should I keep for my Self Assessment tax return?
For your Self Assessment, you need to keep records of all income and expenses related to your sole trade. This includes invoices, receipts, bank statements, and records of any personal income. You should also keep records of any business assets and expenses such as equipment, travel, and office costs. Maintaining organised records throughout the year makes the tax return process much simpler and helps you claim all allowable deductions.
How often should I meet with my accountant?
The frequency of meetings with your accountant depends on your business needs. Many sole traders meet quarterly to review finances and plan for tax payments, while others prefer an annual meeting just before the tax deadline. Regular communication is beneficial to ensure you are on track with your financial goals and to address any changes in your business or tax situation promptly.
Can an accountant help me if I am investigated by HMRC?
Yes, an accountant can be extremely helpful if HMRC investigates your tax affairs. They can represent you, prepare the necessary documentation, and communicate with HMRC on your behalf. Their expertise ensures that your rights are protected and that you respond appropriately to any queries. Having professional support during an investigation reduces stress and helps achieve a fair outcome.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.


