We support sole traders and partnerships with both the preparation of their annual accounts and the completion of the associated tax returns. Our team ensures your financial information is prepared accurately and compliant with tax requirements, but also helping you understand the results and working together to identify opportunities to improve tax efficiency.
Whether you are just starting our or have been running your business for many years, we provide practical advice and tax care of the compliance work so you can focus on growing your business.
Our services include:
Preparation of annual accounts for sole traders and partnerships
Ensuring accounts are prepared in line with current accounting standards and tax requirements.
Preparation and submission of partnership tax returns
Preparation and submission of Self-Assessment tax returns for individual partners
Calculating and allocating partnership profits between partners
Advice on allowable business expenses and tax reliefs
Guidance on record keeping and bookkeeping systems and software
Advice for new sole traders and business start-ups
Assistance with registering with HMRC for Self-Assessment or partnership tax
Tax planning to help minimise liabilities and improve cash flow
Support with HMRC enquiries or compliance checks
Ongoing advice to help you understand your accounts and business performance