Running as a Sole trader or Partnership

As a sole trader or partnership you are required to prepare accounts each year and submit a tax return by 31 January if completed online.

Your personal tax is due for payment on two dates the 31 January and 31 July each year.

As your accountants we will:

  • Prepare your annual accounts
  • Calculate your tax due/refundable
  • Advise on future tax payments
  • Advise you of any ways to reduce your tax and provide you with support throughout the year

Our Fixed Price Packages start from £425.00 per year and include all the services mentioned above.

Self-Assessment Tax return

Filing a tax return can be a very time consuming and frustrating experience. Each year,thousands of tax payers are penalised by HM Revenue and Customs and it can be very costly if:

  • Deadlines are missed
  • Incorrect returns are delivered
  • Appropriate records are not retained or presented

Let us take the strain for you! We will:

  • Deal with HMRC for you
  • Calculate your tax liability for you
  • Complete and file your returns
  • Advice on what payments are due and when
  • Advice on what records should be retained

NMB Accounting Services