Accounting For Self Employed / Sole Traders

As a sole trader, you probably don't have the time or skills to manage your business finances effectively. Spending hours on your invoices and expenses can prevent you from focusing on what you do best, which ultimately affects the growth of your business. When you choose one of our individual packages, you won't have to worry about any of this as we'll take all of those tedious accounting jobs out of your hands.

If you're interested in one of the packages listed below, contact us at Somos Accounting today to arrange a free 30-minute initial consultation. There's no obligation, but as well as the benefits listed under each package, you'll get unlimited support from your dedicated accountant. No matter what your query is, remember that we are always happy to help.

BASIC
from £45+VAT p/m

For self-employed professionals

With our first package, your dedicated accountant will provide support with your self-assessment tax return, business accounts preparation and self-assessment registration where required.

HMRC correspondence

We know dealing with HMRC can be a headache, so we take this pain away from you. We'll handle all HMRC correspondence on your behalf.

Account set-up

Setting up business and current accounts can be complex, so your dedicated accountant will work with you closely to ensure the process runs smoothly.

ENQUIRE
PLUS
from £55+VAT p/m

For self-employed professionals

With our second package, your dedicated accountant will also provide support with business accounts preparation, your self-assessment tax return, and your self-assessment registration where required.

FreeAgent software

However, the main difference is that Package 2 comes with FreeAgent software included. This online accounting platform has an easy-to-use dashboard where you can track all your business finances.

HMRC correspondence

Don't panic. With this package, your dedicated accountant will also oversee all HMRC correspondence and provide ongoing support with setting up your business accounts.

ENQUIRE

Personal Tax Return

As a sole trader, you'll be required to file an annual self-assessment tax return. This can be a complicated and time-consuming process, which is why your dedicated accountant can complete it and send it on your behalf to HMRC. Ask your accountant about our personal tax returns service to find out more.

Learn more