Online accountants
Sole trader accountants for bookkeeping, Self Assessment, VAT, payroll and incorporation decisions. Online across the UK, with a Morden office.
Short answer
A sole trader accountant organises business records, calculates taxable profit, prepares Self Assessment, manages VAT or payroll where needed and plans payments on account. We also compare remaining self-employed with incorporation using the owner's real profit, drawings and wider income.
Written and reviewed by Waqas Sagar Member of ICAEW, Fellow of ACCA, Fellow of AAT, a double graduate and entrepreneur at heart, helping startups grow and serving thousands of businesses nationwide with an excellent team. Published by LimitedCompany.Accountants, 12 London Road, Morden, London SM4 5BQ. Reviewed 12 September 2026 against 2026/27 UK rates and current Companies House and HMRC guidance.
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QuickBooks PartnerCertified ProAdvisor100+ yearsCombined team experienceFully insuredUp to £2m indemnityA sole trader accountant organises business records, calculates taxable profit, prepares Self Assessment, manages VAT or payroll where needed and plans payments on account. We also compare remaining self-employed with incorporation using the owner's real profit, drawings and wider income.
Accounting for sole traders
Bookkeeping and allowable expenses
Self Assessment and payments on account
VAT, payroll and Making Tax Digital
When to consider a limited company
A sole trader accountant organises business records, calculates taxable profit, prepares Self Assessment, manages VAT or payroll where needed and plans payments on account. We also compare remaining self-employed with incorporation using the owner's real profit, drawings and wider income.
Sole traders report business profit through Self Assessment rather than filing company accounts. The records still need to support turnover, allowable expenses, assets, stock, VAT and any employees, with private costs removed.
Keep sales records, business bank transactions, purchase invoices, mileage and home-working evidence. Costs must be incurred for the trade, and mixed-purpose expenses may need a reasonable business proportion rather than a full claim.
The online filing and payment deadline is normally 31 January after the tax year. Payments on account can create a larger first January bill because part of the following year's tax is paid in advance, with a second instalment normally due on 31 July.
A sole trader may need VAT registration when taxable turnover crosses the current threshold and PAYE when employing staff. Making Tax Digital for Income Tax is being phased in by qualifying income, so software and record keeping should be reviewed early.
Tax is only one factor. Commercial risk, administration, profit retained in the business, borrowing, customer expectations and long-term plans all matter. We compare both structures and include the cost of running the company.
Rates, thresholds and deadlines quoted here reflect the current UK position and current HMRC and Companies House guidance. Check GOV.UK, or ask us, before relying on them for your own business.
Local help
We work with company directors across London and Surrey from our office at 12 London Road, Morden, London SM4 5BQ. Pick your area, or send the form below and we will call you back.
Google reviews
“I had a positive experience with Accotax. The work was completed promptly, my tax return was successfully filed, and I received a refund of overpaid tax. I found the cooperation efficient and helpful. Special thanks to Muhammad Saifullah for his assistance.”
“I am very satisfied with the service provided by Muhammad Saifullah. He has been handling my tax situation in the UK with great professionalism, clarity and attention to detail. He took the time to explain every step of the process and made a complex situation much easier to understand. I felt confident and well supported throughout.”
“We worked with a few different accountants before finally settling with Accotax, and we're really glad we did. They take the time to understand how our business works and what our needs are. Anum, who looks after our account on a day-to-day basis, including reconciling invoices and preparing the annual accounts, is amazing, professional, efficient, and follows the processes we have put in place together. Accotax has made our accounting experience much smoother and easier. We see them as a long-term partner as our business continues to grow. I would 100% recommend them.”
Frequently asked
No, but an accountant can help with records, allowable expenses, Self Assessment, VAT, payments on account and decisions about incorporation.
The fee depends on bookkeeping quality, turnover, VAT, employees, other income and complexity. We provide a fixed quote after a short review.
Allowable costs commonly include business purchases, software, professional fees, qualifying travel and a business share of certain mixed costs. The facts and evidence determine each claim.
Yes. We can manage records throughout the year and prepare the Self Assessment return from the reconciled figures.
Registration is generally required when taxable turnover exceeds the current rolling twelve-month threshold, with separate rules for some overseas businesses and voluntary registration.
It depends on profit, risk, cash withdrawals and plans. We compare tax and administration using your figures rather than a universal turnover rule.
Yes. We obtain professional clearance, collect the accounting and tax records, check every approaching deadline and manage the handover without interrupting filings.
Yes. Records, approvals and meetings can all be handled securely online. Clients near London can also meet our team at 12 London Road, Morden by appointment.
Straightforward day-to-day questions are included. Technical calculations, written advice, tax planning projects, HMRC disputes and specialist claims are scoped and agreed separately before work starts.
Complete the short online quote form with your turnover, VAT, payroll and bookkeeping needs. We can normally confirm the scope and fixed monthly fee on the same working day.
Included approach
Talk to an accountant
Share your next deadline, accounting problem or growth question. We will reply with a clear next step and quote any technical work before it begins.
Chat with ACCOTAX on WhatsAppPick a time that suits you and a qualified accountant will call you about your company, deadlines and fees.
Appointments run Monday to Friday, 9:00am to 5:30pm. Your confirmation is emailed straight away.
Four London offices
Work with us entirely online, or sit down with your accountant at whichever office suits you. Open Monday to Friday, 9:00am to 5:30pm. Office visits are by appointment only, so please book before coming in.
Free, no obligation
Pick a time that suits you and a qualified accountant will call you about your company, deadlines and fees.
Appointments run monday to friday, 9:00am to 5:30pm. Your confirmation is emailed straight away.
