01827 54944

Mon - Fri: 9am - 5pm accounts@adamsmoore.com

SOLE TRADER

This is the simplest and most cost efficient way of trading. Start up costs are low as set up and operation is more simple – there is no red tape. There are only a few formalities to trading as a sole trader vs as a Ltd. company, the most important of which is informing HMRC.  Every business is required to prepare accounts each year, which forms the basis of how tax and national insurance is paid.  Any profits generated in this medium are automatically those of the sole trader.

Our sole trader package is comprehensive and includes the following:

  • Completing your annual accounts
  • Discussion of your draft accounts in person
  • Calculating your tax position
  • Look for ways to reduce the tax you pay
  • Submission of your tax return to HM Revenue & Customs
  • Dealing with your accounting queries
 
 In addition, we can provide a number of other services including:

  • VAT – registration and management
  • Payroll – running your PAYE wages and deductions
  • CIS
  • Xero accounting software / Sage accounting software

 

Please contact us for a quotation.