Sole Trader Accountants

We provide everything you need to manage your taxes and finances confidently as a sole trader. Our experienced sole trader accountants help you understand personal tax clearly, prepare and file your self assessment tax return, and provide expert tax advice tailored to your business. With Sanderson, you can stay compliant, reduce stress, and focus on growing your income.

Growing Your Business as a Sole Trader

Being a sole trader gives you complete control over your business—but it also means full responsibility for your finances and tax obligations. That’s where Sanderson can help. We offer a comprehensive accounting service for sole traders, designed to support you at every stage of your business journey. Our accountants work closely with you to keep your finances organised, your taxes efficient, and your deadlines under control. We also manage correspondence with HMRC on your behalf, so you never have to worry about missed deadlines or penalties.

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Sole Trader Accounting Services

Our sole trader accounting services include:

  • Bookkeeping Support
    Accurate record-keeping using industry-standard accounting software
  • Self Assessment Tax Returns
    Preparation and submission of your annual self assessment tax return
  • Tax Planning
    Advice to help reduce your tax bill and plan ahead
  • VAT Services
    VAT registration, returns, and compliance support (if applicable)
  • Payroll Management
    Payroll support if you employ staff
  • HMRC Liaison
    Ongoing support and communication with HMRC when required

Accounting Software Support

We work with widely used, industry-standard accounting software to help sole traders manage their finances efficiently.

Using modern accounting tools allows you to:

  • Track income and expenses accurately
  • Reconcile bank transactions easily
  • Monitor cash flow in real time
  • Keep records organised and compliant

We can support your existing software or recommend a suitable solution based on your business needs. Your accountant will work alongside you to ensure your records remain accurate and up to date.

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Registering as a Sole Trader

Starting a new business and need help registering as a sole trader?

We guide you through the entire process, including:

  • Registering with HMRC
  • Understanding your tax responsibilities
  • Setting up record-keeping systems
  • Advising on allowable expenses and tax efficiency

Whether you’re transitioning from employment or starting fresh, we handle the paperwork and ensure everything is set up correctly from day one.

Self Assessment Tax Returns for Sole Traders

All sole traders in the UK must file an annual self assessment tax return.

We take the stress out of tax season by:

  • Preparing and submitting your tax return on time
  • Ensuring all allowable expenses are claimed
  • Calculating your tax and National Insurance correctly
  • Helping you avoid penalties and interest

Our accountants take the time to understand your business so you don’t pay more tax than necessary.

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Unlimited Support from Our Sole Trader Accountants

We believe sole traders should have access to professional advice whenever they need it.

Our clients receive ongoing support for questions relating to tax, expenses, records, and compliance. You’ll always receive clear, practical advice without unnecessary jargon.

Frequently Asked Questions

What accounting services do you offer for sole traders?

We offer bookkeeping support, self assessment tax returns, tax planning, VAT services, payroll (if required), and ongoing HMRC support.

How much do your sole trader accounting services cost?

Our fees vary depending on your transaction volume, business activity, and level of support required.
Contact us for a same-day personalised quote, with no obligation.

How does accounting software help me manage my finances as a sole trader?

Accounting software helps you track income and expenses, reconcile bank transactions, monitor cash flow, and keep records organised for tax purposes.

Can you help me register as a sole trader with HMRC?

Yes. We guide you through registration and ensure you understand your tax obligations from the start.

When do I need to file my self assessment tax return?

The deadline is 31 January following the end of the tax year. We ensure your return is prepared and submitted well before the deadline.

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