Sole Trader & Self-Employed Accounting

Dedicated Accounting for UK Sole Traders & Freelancers

Running your own business as a sole trader gives you freedom, but managing invoices, expense receipts, National Insurance contributions, and annual tax returns can quickly become overwhelming. Taxnex provides comprehensive accounting support designed specifically for self-employed professionals.

Who We Help

• Tradespeople (Electricians, Plumbers, Builders, Carpenters, Decorators)
• Freelancers & Creative Contractors (Designers, Developers, Writers, Photographers)
• Independent Consultants, Tutors & Trainers
• Online Sellers & Small Business Owners

What Our Sole Trader Package Includes

1. Annual Profit & Loss Preparation: We organize your income and expenditure into a clear financial summary.
2. Comprehensive Self-Assessment Return: Full SA100 and SA103 self-employment schedules filed with HMRC.
3. Expense Optimization: Maximizing all allowable business deductions to minimize your Income Tax and Class 4 National Insurance.
4. Tax Planning & Advice: Guidance on Payments on Account, when to register for VAT, and when transitioning to a Limited Company makes financial sense.
5. Making Tax Digital Readiness: Guidance on preparing for MTD for Income Tax Self Assessment (ITSA).