Sole Trader

Sole Trader Accountants

client on way to meeting with sole trader accountants, illustration

Accounting for a Sole Trader

As a Sole Trader, you’re the heart and soul of your business. You juggle multiple roles, making every decision and forging your own path. While this independence is rewarding, managing the financial aspects can be complex and demanding. That’s where Swiftbooks comes in, with specialized Sole Trader accountant services designed to lift the weight off your shoulders.

  • Expert Accounting Services

    At Swiftbooks, we recognize the unique challenges and opportunities that come with being a Sole Trader. Our services extend beyond simple accounting to provide strategic insights, tax planning, compliance guidance, and ongoing support tailored specifically to your business needs.

  • A Personalised Approach

    Whether you're just starting your venture or an established Sole Trader looking to optimize your financial processes, Swiftbooks offers a personalized approach. Our dedicated team focuses on understanding your business inside and out, ensuring that our services align perfectly with your goals and vision.

With Swiftbooks, you can rest easy knowing that your finances are in expert hands, leaving you free to concentrate on what you do best – growing your business. Experience the support, expertise, and partnership of a team that’s as committed to your success as you are.

Welcome to a new era of financial empowerment. Welcome to Swiftbooks! Your Sole Trader success story begins here.

Free self-assessment registration

Now that you have realized that you wish to operate as a sole trader, you will need to get registered for self-assessment.

We can do that for you!

All you need to do is sign up for our accounting packages as our first task will be to get you registered for self-assessment.

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Why Choose Swiftbooks as your Sole Trader Accountants?

Choosing Swiftbooks as your sole trader accountants means choosing an unparalleled blend of expert tax saving advice and unbeatable support. With Swiftbooks, you gain a dedicated accountant committed to advising you on how to minimise your tax bill through regular, insightful suggestions tailored to enhance your tax efficiency. Simplify your bookkeeping by connecting your bank to the Xero bookkeeping platform, offering a real-time perspective of your business’s financial health, all in one place. Our friendly and dedicated accountants are always available to address any questions or queries, ensuring a supportive and accessible service.

Tax Saving advice and support

Your dedicated accountant will advise you on the best way to minimize your tax bill regularly with suggestions into ways you can operate more tax efficiently.

Your bookkeeping all in one place

Connect your bank to the Xero bookkeeping platform and obtain a live view of how your business is performing.

Friendly, dedicated accountants

Your dedicated accountant will be on hand to answer any questions or queries you may have.

Remove the stress of preparing taxes

Remove the stress of remember filing dates and trying to juggle your finances. We have you covered!

All your record securely in one place

We use innovative file sharing platforms to ensure your records, invoices and receipts are all in one secure place.

No Hidden Fees

Our accountancy services cover all of your accounting needs. There are no annoying hidden costs to make it easier to budget.

Swiftbooks aims to eliminate the stress associated with tax preparation, remembering filing dates, and managing finances, offering peace of mind and reliability. We utilise innovative file-sharing platforms to secure all your records, invoices, and receipts in one organised, secure location. Transparency is key to our services, with a clear pricing structure and no hidden fees, ensuring you can easily budget for your sole trader accounting needs.

Our Sole Trader Accounting Packages

Starter

£ 30
per month +VAT
  • Award winning Bookkeeping software
  • Bookkeeping
    (up to 50 monthly transactions)
  • Monthly profit and loss statement
  • Yearly self-assessment filing
  • Dedicated accountant
  • Quarterly VAT returns
  • Quarterly tax efficiency reviews

Standard

£ 60
per month +VAT
  • Award winning Bookkeeping software
  • Bookkeeping
    (up to 100 monthly transactions)
  • Monthly profit and loss statement
  • Yearly self-assessment filing
  • Dedicated accountant
  • Quarterly VAT returns
  • Quarterly tax efficiency reviews

Premium

£ 70
per month +VAT
  • Award winning Bookkeeping software
  • Bookkeeping
    (up to 500 monthly transactions)
  • Monthly profit and loss statement
  • Yearly self-assessment filing
  • Dedicated accountant
  • Quarterly VAT returns
  • Quarterly tax efficiency reviews
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Moving Accountant?

Switching from one accountancy firm to another can seem like a daunting task.

We will take care of the entire process for you, from start to finish, starting with contacting your current accountant to request all the info we need to register with HMRC to act on your behalf.

So you can focus on running your business.

What our Customers Say

FAQs: Sole Trader Accounting

Why do I need an accountant as a sole trader?

An accountant can help you manage your finances more effectively, ensure you’re tax-compliant, save you money through tax-efficient strategies, and give you more time to focus on running your business.

What records do I need to keep as a sole trader?

You should keep detailed records of all sales, expenses, receipts, invoices, bank statements, and any other financial transactions related to your business. Swiftbooks can advise on the specifics based on your situation.

What services does Swiftbooks offer to sole traders?

Swiftbooks offers comprehensive sole trader accounting services including bookkeeping, tax preparation and advice, VAT returns, financial reporting, and personalised support from dedicated accountants.

Are there any hidden fees in Swiftbooks' pricing?

No, Swiftbooks operates with complete transparency, providing a clear pricing structure without hidden fees, making it easier for sole traders to budget for their accounting needs.

Frequently Asked Questions

Can SwiftBooks help me with my company registration?

Yes, we include company registration, PAYE registration and VAT registration in all of our accounting packages.

Will I be entered into a contract?

No, all our packages are rolling agreements and can be cancelled at any time, unless stated otherwise prior.

How long does it take to get setup?

Once your business is up and running we can get you setup on our system within a few working days.

How easy is it for us to switch accountants?

Very easy, all you need to do is forward your previous accountants details and we will request the handover details directly.

What kind of support do SwiftBooks offer?

Our packages contain unlimited email support from your dedicated accountant.

You will be kept in the loop with upcoming deadline dates, outstanding items and regular suggestions to operate more efficiently.

Do SwiftBooks offer services other than their monthly packages?

Yes, we offer a range of ad-hoc accounting and tax services including Research and development applications. Get in touch to see how we can help you.

What do SwiftBooks need from me?

For our monthly packages, we would need your receipts and invoices uploaded to our bookkeeping software regularly. This has an easy to use app so you can take a picture of them as you receive them.