Sole Trader Accounts

We will prepare your business’ trading accounts in advance of your self-employed tax return submission

Year End Preparation

Preparation within two months of your financial year end

Potential Tax Savings

Identification of any potential tax savings

Marketing Collateral

Beautifully printed set of business accounts which you can use as a marketing tool

Every self-employed business should prepare a set of trading accounts at the end of their trading period.

Although there is no legal obligation to provide any accounts to HMRC at the moment, the numbers within the accounts themselves will drive your self-assessment.

With Making Tax Digital approaching fast, it has never become more important for sole traders and self-employed individuals to have their accounting records ready and available to report on a regular basis.

Furthermore, without preparing a set of trading accounts (e.g. a profit and loss account and balance sheet for the trading period of up to twelve months), there is a high chance that any potential tax savings will be missed or overlooked.

Sky Life Accountancy can help you find hidden gems within your numbers to reduce the amount of income tax payable to HMRC with our valuable expertise and experience.

You need this if...

You are self-employed
You are a sole-trader
You have an active business

Making Taking Digital is under a year away. Are you prepared?

Download "Making Tax Digital: Event Horizon".

With so much confusion and to-ing and fro-ing from the UK Government on the launch of Making Tax Digital it's no wonder the business world is panicking ahead of its scheduled launch on 1st April 2019.

If you have NOT heard of Making Tax Digital by now, you need to download this report.

If you HAVE heard of Making Tax Digital but you still don’t know what it means or what you have to do, you need to download this report TODAY.