Practical Accountant | Sole Trader
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Sole Trader

 

Our primary focus when preparing your account is to when preparing reduce the risk of HM Revenue and Customs’ enquiries. We will prepare your annual account following the best practice for unincorporated business. We will also proactively identify any opportunity to provide advice on tax saving ideas.

 

Along with your annual account will provide you with Self-assessment tax return.

 

What we will do:

 

  • Supply you with a tax return information checklist to save you time in getting together all the information we will need;
  • We will then use the information you provide to complete your tax return;
  • We will also calculate your tax liability and payments on account, so that you know exactly how much to pay and when to pay it;
  • Wherever possible we will identify claims and reliefs that can be included on your tax return to reduce your tax liability;
  • We will check your notices of coding to ensure you are having the correct amount of tax deducted at source through the PAYE system (relevant to employment income only). Where amendments are necessary, we will liaise with HMRC to ensure that the correct tax code is issued for you.
  • Once completed we will supply you with a bound copy of your tax return, together with a schedule of the data used, the detailed tax calculation, and suggestions on how your tax liability may be reduced in the future for you to consider.

 

Our base fee for a limited company is £660 per year (£55 pcm).

Get in touch today on 0203 6575 696 and we can see how to help you. Email