
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

Argents Chartered Accountants
An established firm of chartered accountants based in Norwich, we provide a range of accountancy and business support services to clients throughout t...See More

J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More

GO 2 Girl Limited
I offer a fully flexible remote work or local on site and assist you with anything relating to finance within the business and any necessary admin tas...See More

Virtue Accountants Ltd

LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...

Figures (UK) Accountancy Services
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Bird & Co
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Additions Accountancy
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Accounting4Actors
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Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More

John Lavender accounting ltd
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TAA CONSULTANTS LTD
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KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More

Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More

AWS ACCOUNTANTS (LONDON) LLP

Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More
Frequently asked questions
What does an accountant for sole traders do?
An accountant for sole traders handles your Self Assessment tax return, ensures you claim all allowable expenses, and provides advice on record keeping. They can also help with VAT registration and returns, and offer guidance on your tax obligations. By managing your financial administration, they help you stay compliant with HMRC and avoid penalties, freeing up your time to focus on running your business effectively.
How do I choose a qualified accountant in Worthing?
Look for accountants who are members of recognised professional bodies such as ACCA, ICAEW, or AAT. These qualifications ensure the accountant has undergone rigorous training and adheres to strict ethical standards. You can also check their experience with sole traders specifically, read client reviews, and compare services offered by different firms. Using a directory like AccountingFirms.co.uk can help you find verified professionals in Worthing.
What is the difference between an accountant and a tax return service?
A tax return service simply prepares and submits your Self Assessment return to HMRC. An accountant offers a broader range of services, including ongoing tax planning, bookkeeping, VAT advice, and financial forecasting. They can help you structure your business for tax efficiency and provide proactive advice throughout the year. For a sole trader, an accountant is a valuable partner in managing your finances and planning for the future.
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. Many accountants offer fixed fees for basic tax return preparation, which can range from £150 to £300. More comprehensive services, including bookkeeping and ongoing advice, will cost more. It is advisable to request quotes from several firms and compare what is included in their fees. This ensures you find a service that fits your budget and needs.
Can an accountant help me with HMRC investigations?
Yes, an experienced accountant can provide invaluable support if HMRC investigates your tax affairs. They can help you gather the necessary records, prepare responses to HMRC's queries, and represent you in communications with the tax authority. This can reduce stress and help ensure the investigation is resolved as smoothly as possible. Having a professional who understands HMRC procedures is a significant advantage in such situations.
Do I need an accountant if I am a sole trader with a small income?
Even if your income is modest, an accountant can help you ensure your tax return is accurate and that you are not paying more tax than necessary. They can also assist with registering for Self Assessment and understanding your obligations. As your business grows, their advice becomes even more valuable. Many accountants offer affordable packages for small businesses, making professional support accessible to all sole traders.
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.
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