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Sole Trader Accountants

Expert Accounting for Sole Traders

At Accounting Wise, you’ll get your own dedicated sole trader accountant, with packages starting from as little as £10 per month. Whether you’re an electrician, plumber, builder, freelancer, beautician, taxi driver, healthcare worker, or even a rocket scientist – we have the right accounting solution for sole traders like you.

While becoming a sole trader is one of the easiest ways to start a business, managing your accounts and staying compliant still requires the right support. That’s where we come in – making accounting for sole traders simple, stress-free, and affordable.

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Sole Trader Accountants

Dedicated sole trader accountant
All returns and filing included

Unlimited help and advice
Leading cloud accounting software

Real-Time Bookkeeping
Reminders – never miss a deadline

We provide expert accounting for sole traders nationwide

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Why use Accounting Wise for your Sole Trader Accounting?

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Your Own Dedicated Sole Trader Accountant

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When you join us, you will receive your very own dedicated sole trader accountants. Our fully qualified and friendly team will be on hand to help you throughout the year for all your financial queries.

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Leading Accounting Software

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You are provided with leading accounting software which will help reduce the time it takes to – provide quotes and invoices to customers, chase payments, and monitor outstanding balances.

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Tailored Sole Trader Accounting Services

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Tax & Accounting packages tailored to suit your sole trader business. We are always straightforward in our services & pricing. We take care of your accounting and let you get on with making your business a success.

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Unlimited
Expert Advice

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Your dedicated sole trader accountant will always be on hand to answer any questions about your limited company. You can contact them via email, phone, live chat, Microsoft Teams or meet them in person.

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Regular Deadline
Reminders

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We send regular automated reminders to inform you of when your accounts and returns are due to be submitted, helping to ensure you never miss a deadline for your small business again.

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We support UK clients with expert sole trader accounting services.

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Get started with the right accounting solution for your Sole Trader business

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Included in our Sole Trader Accounting Packages

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  • Unlimited help and advice

  • Reminders for all of your important deadlines

  • Access to business guides and resources

Get started with the right accounting solution for your sole trader business

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Sole Trader Accounting Services Where We Specialise

Self-Assessment
& Tax Returns

Staying on top of your Self Assessment doesn’t need to be stressful. We’ll prepare and file your tax return, make sure all your income is declared correctly, and help you understand exactly what you owe – with no last-minute surprises.

Expenses
& Tax Efficiency

Claiming the right expenses is one of the easiest ways to reduce your tax bill. We’ll help you identify what you can claim, from home office costs to travel and software, so you’re not paying more tax than necessary.

Bookkeeping &
Record Keeping

Keeping accurate records is essential and required by HMRC. We’ll manage your bookkeeping, reconcile transactions, and make sure everything is organised and MTD-ready, saving you hours of admin time.

VAT Registration
& Returns

If you’re VAT-registered (or thinking about it), we’ll guide you through registration, advise on the best VAT scheme for your business, and handle your VAT returns to ensure everything is filed correctly and on time.

Payments on Account & Cash Flow Planning

Unexpected tax bills can hit hard. We’ll help you understand payments on account, plan ahead, and manage cash flow so you’re always prepared for upcoming tax deadlines.

More Than
Just Filing

We don’t just submit returns and disappear. We act as your go-to advisor, helping you stay compliant, plan ahead, and make confident financial decisions – so you can focus on running your business, not worrying about tax.

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Certified Sole Trader Accounting Services From Accredited UK Accountants

You can feel safe in the knowledge that we are experts in our field.

Our accountants have a range of qualifications from the Association of Accounting Technicians (AAT), Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). We are also an Institute of Certified Practising Accountants (ICPA) accredited firm.

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Sole Trader Accounting – Clear, Simple Support for Your Business

Running a business as a sole trader is one of the most common ways to get started in the UK. It’s simple to set up, flexible, and gives you full control over your income but it also comes with important tax and reporting responsibilities.

That’s where working with experienced sole trader accountants makes a real difference.

At Accounting Wise, we support sole traders with practical, straightforward accounting that keeps you compliant with HMRC while helping you understand what you owe and when.

Modern Sole Trader Accounting That Fits Around You

Our sole trader accounting service is designed to be simple and flexible. We work with clients across the UK, providing clear advice and ongoing support without jargon or surprises.

You don’t need to be an accounting expert — that’s our job. We’ll explain things in plain English and make sure you always know where you stand.

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Pros and Cons of Sole Trader Accounting
Modern Sole Trader Accounting

How a Sole Trader Accountant Can Help

As a sole trader, you are personally responsible for your business finances. There’s no legal separation between you and the business, which means accuracy and good record-keeping really matter.

Our accountants for sole traders can help with:

  • Preparing and submitting your annual Self Assessment tax return
  • Making sure you claim allowable business expenses correctly
  • Keeping your records organised and HMRC-compliant
  • Advising on tax payments and deadlines
  • Supporting you if and when you decide to move to a limited company

Rather than worrying about paperwork or deadlines, you can focus on running and growing your business.

Why Many Sole Traders Choose Professional Accounting Support

Many people start out as sole traders because it’s the simplest way to trade — and it works well, especially in the early stages. But even small businesses can quickly run into problems if tax and reporting aren’t handled properly.

Working with a sole trader accountant helps you:

  • Stay on top of Self Assessment and tax bills
  • Avoid missed deadlines and penalties
  • Understand your profits and cash flow
  • Get clear advice without unnecessary complexity

If your income grows, we can also help you review whether remaining a sole trader or switching to a limited company makes sense.

Get started with the right accounting for sole traders

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Switching to us for Sole Trader Accounting is easy

1 Choose Your Package

Pick the sole trader accounting services that you would like from either our pre-built packages or build your own to find out exactly how much you will be paying each month.

2 Sign up with Us

Once you have picked your level of service you’ll simply need to send over a few extra details to register with us via our sign up form or over the phone

3 You’re ready to go

That is it, we will begin to set your limited company services up for you, contact your previous accountant if required, and begin the authorisation process with the HMRC

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Essential FAQs for Sole Trader Accounting Services

Below are answers to some of the most common questions we’re asked about sole trader accounting and working with a sole trader accountant.

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A sole trader accountant helps you manage your tax and accounting responsibilities, including Self Assessment, allowable expenses, and HMRC deadlines. We make sure your figures are accurate, your returns are filed on time, and you understand what you owe – without the stress.

Yes. If you’re trading as a sole trader, you must register with HMRC for Self Assessment. We can help you register correctly and make sure everything is set up properly from the start.

Sole traders pay Income Tax on their business profits and usually Class 2 and Class 4 National Insurance. A sole trader accountant helps you understand what applies to you and plan ahead for tax bills.

It’s not a legal requirement, but many sole traders choose to work with an accountant to save time, avoid mistakes, and make sure they’re not paying more tax than necessary. Having professional support gives peace of mind and frees you up to focus on your business.

You need to keep records of your income and business expenses so your tax return can be completed accurately. We’ll advise you on what to keep, how long to keep it for, and simple ways to stay organised.

Sole traders file an annual Self Assessment tax return with HMRC. We prepare and submit this for you, making sure your income, expenses, and tax position are reported correctly and on time.

Sole traders can earn up to the Personal Allowance before paying Income Tax, although National Insurance may still apply. We’ll factor this into your tax calculation and explain how it affects your overall bill.

It’s not required, but using a separate account makes bookkeeping much simpler. We often recommend this to sole traders to keep finances clear and avoid confusion at tax time.

Yes. If your business grows, we can guide you through the process of moving from sole trader to limited company and explain the tax and practical implications before you decide.

The cost of a sole trader accountant depends on the level of support you need, such as whether you require help with bookkeeping, VAT, or just your annual Self Assessment return. We offer clear, fixed monthly pricing from £20pm – so you know exactly what you’re paying, with no surprise fees.

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Company Formation

Free company formation with our Pre-Built or Bespoke Accounting packages!

All Official Documents

Manage Your Company Online

London Registered Office Address

Your own limited company

Accounting Software

Whatever your size, our accounting software supports your business.

Quotes & Payment Reminders

MTD VAT & CIS Returns

Payroll Services & HR Support

Unlimited Support & Advice

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Accounting Wise is a trading style of Accounting Wise Ltd, a limited company registered in England under company number 09365202. Our registered office is: The Carriages, Station Road, Ware, SG12 9PL UK.

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