Accountants for Sole Trader
As your trusted accountants for sole trader across the UK, Asmat & Co Accountants provides transparent and reliable support with everything from tax returns, VAT returns, bookkeeping and payroll to specialist areas such as CIS compliance, landlord accounts and contractor support.
We know that spending hours tracking receipts and updating spreadsheets takes valuable time away from your business. That is why our sole trader accountancy services come as a complete online package for a fixed fee, designed entirely around your needs with no hidden costs and no jargon.
At Asmat & Co Accountants, we help sole traders and self-employed professionals keep their accounts organised, understand their tax responsibilities and stay on top of HMRC deadlines. Whether you are newly self-employed or already running an established business, we can support you with your sole trader accounts, Self Assessment tax return, income and expense records, allowable expenses and year-end tax position.
Our approach is friendly, practical and straightforward, with clear fixed-fee accounting support designed to reduce tax stress and help you make better decisions throughout the year.
What is included in our sole trader accounting service?
- Self Assessment tax return preparation and filing
- Bookkeeping support
- Income and expense tracking
- VAT registration and VAT returns
- CIS returns and refunds
- Payroll if you employ staff
- Making Tax Digital support
- Tax planning advice
- HMRC correspondence
- Fixed-fee monthly support
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Services for Sole Traders
Asmat Accountants offer a comprehensive range of services to meet the needs of today’s businesses
From the simplest questions to the biggest concerns — we’re here to help.
A truly unlimited accounting package that meets all your needs with complete transparency — no hidden costs, and a guaranteed response to your enquiries within three hours.
Unlimited support via phone and email
Absolutely no hidden fees
Guaranteed response within 3 hours
Trust the professionals with your numbers
We’re here to support your growth and reduce your tax liabilities.
Our goal is to support your business growth while reducing your tax burden. With monthly or quarterly management reports generated through QuickBooks Accounting Software, you’ll gain clear insights to make smarter business decisions. Plus, your accountant will be equipped to provide you with ongoing tax guidance every step of the way.
Monthly or Quarterly Management Reports
QuickBooks Subscription Included
Ongoing Expert Tax Advice
Ready to join us? We’ll handle it all for you!
Once you give us the go-ahead, we seamlessly take over all your accounting needs. If required, we’ll liaise directly with your previous accountant on your behalf, ensuring your accounts and tax matters are brought fully up to date without delay.
We liaise with your existing accountant on your behalf.
We handle HMRC approval to become your appointed accountant.
You stay focused on what you do best — running your business.
Frequently asked questions
How much does an accountant cost for a sole trader?
The cost of an accountant for a sole trader depends on the level of support you need. Basic help with a Self Assessment tax return may cost less than ongoing bookkeeping, accounts preparation, VAT returns or payroll support. Many accountants for sole traders offer fixed monthly fees, which can make budgeting easier and help you avoid surprise costs at the end of the tax year.
Do I really need an accountant as a sole trader?
You are not legally required to have an accountant as a sole trader, but having one can save you time and reduce the risk of mistakes. An accountant can help you keep accurate records, claim allowable expenses, prepare your tax return and understand how much tax you may need to pay. This is especially useful if your income is growing, your records are messy or you are unsure about HMRC rules.
When should I hire an accountant for my small business?
You should consider hiring an accountant when your business finances start taking up too much of your time or you are unsure about tax, expenses, VAT or record keeping. For many sole traders, the best time is before the tax year ends, rather than waiting until the Self Assessment deadline. Getting advice early can help you stay organised and make better financial decisions.
Can sole trader accounting services help me save time?
Yes, sole trader accounting services can take a lot of the admin off your plate, from organising your records to preparing your tax return. Instead of trying to work everything out yourself, you can get clear advice on what to keep, what you can claim and when your tax needs to be paid.
When does Making Tax Digital apply to sole traders?
Making Tax Digital for Income Tax will apply to sole traders depending on their qualifying income, which usually means total income from self-employment and property before expenses are deducted.
The current HMRC timetable is:
- From 6 April 2026, if qualifying income is over £50,000
- From 6 April 2027, if qualifying income is over £30,000
- From 6 April 2028, if qualifying income is over £20,000
If Making Tax Digital applies to you, you will need to keep digital records, use compatible software and send quarterly updates to HMRC. A sole trader accountant can help you check when the rules apply, set up the right software and keep your records organised throughout the year.
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