Self Assessment for sole traders & partnerships

We complete Tax Returns for sole traders and those in business partnerships, ensuring that any available claims (such as the trading allowance) or reliefs (such as how best to utilise a business loss) are considered. We tax adjust business expenses to ensure compliance with HMRC rules.

We offer advice on whether becoming a limited company may be a more tax-efficient way of running your business.

We can also help with planning for the forthcoming reporting changes (called ‘Making Tax Digital’) in which self-employed people and landlords with turnover of over £10,000 will be required to keep their records digitally and file quarterly returns.

For business owners wishing to consider selling up or transferring the business to the next generation we can offer advice to ensure this is done in the most beneficial way.