Sole Traders
A sole trader is a type of business structure where the individual owner is not legally distinct from the business. Becoming a sole trader means youâre entitled to keep any after-tax profits you make, but it also means youâre personally liable for any debts the business has. Youâll need to tell HMRC about your sole trader profits byâŻsubmitting a Self Assessment tax return, so you can pay the right amount of tax on your earnings.
Use our guides and resources to learn more about operating as a sole trader, or talk to us about ourâŻonline accountancy services for sole trader businesses.
Guides
Pensions for Self-Employed Workers Guide
Learn everything you need to know about Pensions for Self-Employed Workers.
3 minutes
Download
Reference Numbers and Codes for Sole Traders and Partnerships Guide
Learn all you need to know with our guide.
2 minutes
Download
Quick Tax Saving Tips Guide
Our guide to helping you and your business save money and operate in the most tax efficient way possible.
2 minutes
Download
Paying Yourself Through Your Business Guide
Learn everything you need to know about paying yourself from your business, for both sole traders and limited companies.
3 minutes
Download
Income Tax and National Insurance for Sole Traders Guide
Learn all you need to know with our guide.
4 minutes
Download
Deadlines and Penalties for Sole Traders
Learn more about the reporting deadlines you need to be aware of as a sole trader.
 3 minutes
Download
Starting a Business Guide
So you're thinking of starting a new business? This guide will help you get started.
 8 minutes
Download
Sole Trader Guide
Discover everything you need to know about operating as a sole trader, including your deadlines and responsibilities.
 7 minutes
Download
Benefits of Pandle Guide
Discover the unique benefits of using our Pandle bookkeeping software as one of our clients.
 3 minutes
Download
Bookkeeping Guide
Learn the basics of bookkeeping to help you stay on top of the finances and make well-informed decisions in your business.
 4 minutes
Download
Understanding Self Assessment
Vital information on registering and completing your Self Assessment, to keep you compliant with HMRC.
 4 minutes
Download
Digital Marketing Guide
If you're starting a new business and will be advertising online then check out this handy guide.
 7 minutes
Download
Templates
Templates 
Business Plan Template
Download our free, easy-to-use business plan template to get started on the path to success.
Download
Pitch Deck Template
Impress your investors with our handy pitch deck template that you can download and personalise for free!
Download
Privacy Policy Template
Stay compliant with data protection laws and build your own privacy policy for your website with our free template.
Download
Cashflow Forecast Template
View all the financial possibilities for your business with our free cashflow forecast template.
Download
Sales Invoice Template
If youâre still using Excel rather than software this template can create and track your invoices.
Download
What else is included in our accountancy packages?
If you have any questions about our services please call us on 020 3355 4047
Unlimited support via phone or email
Automated reminders for your important deadlines
Annual tax efficiency reviews to reduce your tax bill
Proactive checks of your bookkeeping on Pandle
Automated bank feeds to speed up your bookkeeping
Live chat support on our bookkeeping software
Mobile app to invoice customers & upload receipts
Free representation during a HMRC investigation
Confirm Transactions
The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?
Please contact our sales team if youâre unsure
VAT Returns
It is unlikely you will need this service, unless you are voluntarily registered for VAT.
Are you sure this is correct?
Call us on 020 3355 4047 if youâre not sure.
Bookkeeping
You will receive our bookkeeping software Pandle for free, as part of your package.
You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.
Please select and option below:
Call us on 020 3355 4047 if youâre not sure.