Sole trader and partnership services

We can prepare your accounts, take care of VAT and file your self-assessment tax returns.

How we can help

Partnerships and sole traders want to know that their books and records are fully compliant and making the most of the allowances available for tax.

Partnerships are required to prepare partnership accounts, a partnership tax return and personal tax returns for each partner. Sole traders need to submit a tax return to HMRC each year. Most businesses also need a set of accounts. We can take care of that for you.

Bookkeeping services

Whether you are new to business or so busy that you can't keep up with the numbers, you can outsource your bookkeeping to us in the knowledge it will be done right. Software training can be provided if you are happy to do the books yourself. This takes place at the office in Greetland, Halifax or your office if preferred.

We are an accredited QuickBooks ProAdvisor and Dext (receipt capture software) partner. The benefits to having accurate records vastly outweigh the costs, not to mention the legal requirement to have them. Many businesses believe (incorrectly) that it is unaffordable to get a firm of Chartered Accountants to do their books. However, our pricing is fixed, clear and we can tailor it to your specific needs.

VAT accounting

It is now mandatory for VAT registered businesses to submit their VAT returns via software, under the MTD (Making Tax Digital) strategy. If your taxable turnover is over £90,000 you must register for VAT. We can advise on whether you should consider registering voluntarily even if your turnover is lower than this level.

You may want a check of your VAT entries every quarter to make sure the figures are accurate, we can do this for you. It may be that one of the VAT schemes such as flat rate, or cash accounting is best for you - we will do the calculations and advise. We will complete and submit your VAT returns accurately and on time, letting you know what you need to pay and by when.

Tax returns

There are many reasons why you may need to submit a self-assessment tax return.  These include:

  • having self-employment income

  • being in a partnership

  • realising a capital gain through selling an asset

  • having rental income

  • having taxable income of more than £150,000

  • having to pay the High Income Child Benefit Charge

We will prepare your tax return diligently, explaining it in full before submitting it on your behalf to HM Revenue and Customs.  We will tell you what tax you have to pay and by when and deal with HMRC directly if necessary.

Overview of services

  • VAT  

  • Incorporation advice

  • Sole trader accounts

  • Partnership accounts

  • Partnership tax returns   

  • Individual self-assessment tax returns

  • Bookkeeping support

  • Rental and property income

  • HMRC enquiries 

  • QuickBooks training

  • Capital gains tax

  • Bespoke fixed price quotation

Free initial consultation available 

We offer bespoke, fixed price and fully detailed quotations based on exactly the services you require – no hidden fees and transparent pricing.