Sole traders/Self-Employed

Unlock Your Business Potential with Our Expert Accounting Services!

Are you a sole trader or self-employed looking to streamline your finances and focus more on growing your business? Look no further! Our specialized accounting services are designed to meet the unique needs of sole traders like you.

You are a sole trader if you any of the following apply:

Even if you are not earning, you must notify HMRC or file a nil return.

We know the challenges when you are working as a sole trader. There are the complexities of taxes and the eagerness to grow your business. We can support you through this journey.

Challenges

Did you know that 60% of sole traders fail within the first five years? Despite their passion, many face challenges that, if not managed properly, can lead to financial risk for themselves and those who depend on them.

Running Out of Money

Inexperience in managing business finances often leads to cash flow problems.

High Workload

Sole traders frequently juggle multiple tasks, leading to burnout and distraction from core business activities.

Competition from Larger Businesses

Larger companies have the resources and processes to maintain a competitive edge. Sole traders must make strategic decisions to stay relevant.

Lack of Business Planning

Making decisions without a clear understanding of the numbers can result in inefficient planning and eventual failure.

With our extensive industry experience, we provide the support needed to safeguard your business and foster growth. Our comprehensive range of services includes year-round financial support, business health checks and handling year-end dealings with HMRC. 

Tax obligations

Sole traders need to file for self-assessment at the end of each fiscal year. The fiscal year starts 6th April each year till 5th April of the next year. You can file for your taxes any time between the end of the fiscal year and 31st January.

 Missing the deadlines, erroneous filing and missing evidence can lead to penalties. It’s important to start well ahead of the deadline and complete the assessments with your accountants.  

It’s important for you to keep records of your business and income for your tax returns. Failure to do so might put you at risk of:

How we can help

Personalized Service

We understand that every business is unique. Our dedicated team provides personalized accounting solutions tailored to your specific needs, ensuring you get the most out of your finances.

Time-Saving Efficiency

Say goodbye to the hassle of managing your books. Our efficient processes and expert knowledge save you valuable time, allowing you to concentrate on what you do best – running your business.

Financial Clarity

Gain a clear understanding of your financial health with our detailed reports and insights. We help you make informed decisions that drive your business forward.

Tax Optimization

Maximize your tax savings with our expert tax planning and compliance services. We ensure you take advantage of all available deductions and credits, keeping more money in your pocket.

Peace of Mind

Rest easy knowing your finances are in capable hands. Our experienced accountants stay up to date with the latest regulations and industry best practices to provide you with reliable and accurate service.

Service

You can choose from our different packages or create your own.

Basic

For anyone who’s only interested in year end HMRC filings

Start

This will be suitable for sole traders who have just started out. This package allows you to benefit from high-quality services at a budget price.

Plus

Added features for those who are looking to expand their business. You will have your own accounting team to deal with all your business needs.

Create your own

Contact us today to get a bespoke quote.

Each of our packages includes a commitment to providing gold-standard accounting services throughout the year. Our services are meticulously designed to support your business growth and minimize your tax liability. This yearlong engagement ensures that everything is organized in advance, offering significant benefits and peace of mind.

All monthly fees include.

Your own dedicated qualified accountant.

Free access to you own bookkeeping software.

Automated reminder for your deadlines.

Mobile Application to invoicing, receipts & live banking feeds

Making tax digital compatible.

Service
Features
Basic
Start (Best value)
Plus
Self-assessments
- We are making tax digital compliant. HMRC is rolling out digital tax filing in 2026. This requires digital record keeping.
- Dealing with inquiries varies case to case. Feel free to discuss with us..
Tax advice
- Tax planning to minimize your tax bill.
Payroll
- Fully HMRC compliant.
- Self-service payslips and statements
- Get monthly reports.
- Managing the pay runs.
Bookkeeping
- Maintain precise and up-to-date financial records.
- Invoice clients and manage debtors.
- HMRC compliant systems.
- Live feed with bank.
- Save all your sales and purchase invoices on the cloud.
Monthly management accounts
- Analyse your performance and make informed decisions.
Cash flow statements
- Working capital management  ?
- Plan for any cash outflows.
VAT calculations and submission
- QTR VAT submissions to HMRC.
- Dealing with any inquiries
- MTD compliant.
Prices from
Monthly
£38/m + VAT
£53/m + VAT
£80/m + VAT

Winsme Consulting

Our Services Include

Bookkeeping

Accurate and timely recording of all financial transactions.

Tax Preparation

Comprehensive tax filing and planning services.

Tax planning

Having a good tax strategy and structure can help you save money.

Business consulting

Expert advice on financial strategies and business growth .