Sole Trader Accounts

Sole Trader Accounts

Your sole trader accounts, done properly so you can focus on the work.

Most sole traders dread the annual accounts and tax return, not because the numbers are complicated, but because no one has explained what is actually required. We handle the whole thing: self assessment prepared and filed by a qualified accountant, with clear, fixed pricing and no guesswork on your tax bill.

  • Self assessment filed accurately and on time, every year
  • Your tax bill confirmed well before the HMRC deadline
  • All allowable expenses reviewed so you do not overpay
  • Plain-English explanation of what you owe and why

No long-term contract required. If you decide it is not working, you leave with your records in order and nothing outstanding.

Top rated on Google

★★★★★

Get a free quote

Fixed fee from £150. Reply within one working day.

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What our clients say

Verified Google Review

★★★★★

Self Assessment Finally Made Sense

“For the first time I feel well supported and informed over my self assessment returns and tax advice in general.”

Francesca Perkins

Verified Google Review

★★★★★

Fast and Clear from Start to Finish

“Prads was very fast and communicative with my personal annual filing.”

Sam Miller

Verified Google Review

★★★★★

Made Everything Straightforward from Day One

“Working with Prad is an absolute lifesaver as someone just starting out in the business world.”

Alejandra Ríos

Verified Google Review

★★★★★

Accounts Done Quickly, Weight Off Mind

“My accounts were put together very quickly, a huge weight off my mind.”

Vicky Laycock

Sound familiar?

Still not sure what your tax bill will be this year?

Running your own business means the accounts tend to pile up quietly in the background, until January arrives and you are scrambling to find receipts from eleven months ago. Many sole traders submit their own self assessment and then spend weeks wondering whether they got it right, whether they claimed everything they were entitled to, and whether HMRC is going to come back with questions. It does not have to work that way.

  • Self assessment left to the last minute, every single year
  • Unsure which expenses are allowable and which are not
  • No clear idea of the tax bill until the return is already submitted

What sorted looks like

Your accounts are prepared by a qualified accountant who knows what HMRC expects from a sole trader return. Every allowable expense is reviewed, your tax position is explained in plain terms, and the return is filed before you have to think about it.

  • Your self assessment is prepared and submitted well ahead of the January deadline
  • All allowable expenses checked, so you are not leaving money on the table
  • Your tax liability confirmed before submission, with no surprises on the amount due
  • Fixed fee from £150 for self assessment, with a clear quote before any work begins
Client results

What sole traders say after working with us

These are not edge cases. Sole traders and self-employed individuals across the UK come to us having tried to manage their own accounts and decided enough is enough.

★★★★★

Absolutely brilliant service. Prads is so efficient and knowledgeable. For the first time I feel well supported and informed over my self assessment returns and tax advice in general. Thank you!

F
Francesca Perkins
★★★★★

Prads was very fast and communicative with my personal annual filing.

S
Sam Miller
What you get

Everything a sole trader needs, covered

From your annual self assessment to ongoing bookkeeping and VAT, we handle the parts of the accounts that take up most of your time and carry the most risk if they go wrong.

01

Self Assessment Tax Return

Your SA100 and SA302 are prepared by a qualified accountant, covering income from all sources, applicable allowances and reliefs, and payments on account. Your tax bill is confirmed before submission, and the return is filed with HMRC on time. Fixed fee of £150 per year.

Fixed fee: £150
02

Bookkeeping and Cloud Accounting

Monthly bookkeeping keeps your income and expenses current throughout the year, so there is no last-minute scramble at tax time. We work with Xero, QuickBooks, FreeAgent, and Sage, and can take over from wherever you currently are, tidy or otherwise. Quoted based on volume.

Quote-based
03

VAT Returns and MTD Support

If your turnover is approaching or above the VAT registration threshold, we advise on the right scheme for your business (Standard or Flat Rate), handle your quarterly returns, and keep you compliant with Making Tax Digital requirements. Quoted based on frequency and complexity.

Quote-based
What clients say

Trusted by sole traders across the UK

Freelancers, tradespeople, consultants, coaches, and creative professionals have all handed over their accounts and found the process considerably less painful than expected.

★★★★★

Genuinely Helpful from First Contact to Filing

“I own a small passion business and prads has been very helpful in giving accounting advice and helping me to understand business from an accounting perspective. Super attentive, efficient and I will definitely recommend!”

Gemma
★★★★★

Accounts Done, Stress Gone

“Prads and the team made filing our accounts so easy. They were patient, knowledgeable, responsive and good to work with. We would highly recommend them. Thanks Prads!”

Better Strategic Consultancy
★★★★★

Professional, Responsive, and Worth Every Penny

“Working with Wings Online Filings Ltd has been an absolute pleasure. They are highly communicative, supportive, and provide a responsive, cost-effective service that perfectly suits my small architecture practice.”

Adie Perkins
Why Wings Online Filings

What makes the difference in practice

There are plenty of accountants who will file your return. Fewer will explain what it means, check your expenses properly, and give you a clear number before hitting submit.

📋

Your tax bill confirmed in advance

Your self assessment is not filed and then forgotten. Before submission, you receive a clear breakdown of what you owe and why, covering income, allowances, and any payments on account due in January and July. There are no surprises when the HMRC statement arrives.

🔍

Every allowable expense checked

Sole traders routinely under-claim because they are not sure what HMRC permits. We review your expenses as part of the service, covering home working, equipment, mileage, professional subscriptions, and anything else relevant to your trade. Overclaiming is just as much a problem as under-claiming, and we keep things accurate.

🏛️

Qualified, regulated, and straightforward to reach

Your return is handled by a qualified accountant. Wings Online Filings is an Authorised Corporate Service Provider (ACSP) registered with Companies House and AML-supervised by HMRC, covered by professional indemnity insurance. Questions get answered promptly, without the phone tag.

Getting started

Up and running in four straightforward steps

Most clients are set up within a few days. You do not need to have your records in perfect order before getting in touch.

1

Request a Free Quote

Fill in the short form on this page and we will come back to you within one working day with a clear quote and a summary of what is included. No commitment required at this stage.

2

Share Your Information

Once you are happy to proceed, we will ask you to share your income and expense information for the tax year. This can be a spreadsheet, receipts via Dext, or an existing software export. We will tell you exactly what we need.

3

We Prepare the Return

Your return is prepared by a qualified accountant. We check your expenses, apply the correct allowances and reliefs, and calculate your tax liability. We send you a draft to review before anything is filed.

4

Filed, Confirmed, Done

Once you approve the return, we file it with HMRC and send you confirmation. You will know your tax bill, your payment dates, and what to expect next year. The accounts are handled, and you can get back to the business.

400+ UK businesses supported
2023 Year established
4.3 Google rating
Fixed Fee from £150

“Professional, efficient, confidence that everything is taken care of.”

Dr Yousef Amar —

Questions

A few things sole traders usually ask

Do you handle sole trader accounts with income from multiple sources?+

Yes. Many sole traders have a mix of self-employment income, employment income (PAYE), rental income, or interest and dividends alongside their main trade. The SA100 covers all of these, and we work through each source to make sure the return is complete and accurate. You do not need to pre-sort everything before getting in touch.

How much does it cost, and what is included?+

The self assessment tax return is a fixed fee of £150 per year. That covers preparation of your SA100 and SA302, income from all sources, review of allowable expenses, applicable reliefs, payments-on-account advice, and timely submission to HMRC. If you also need bookkeeping or VAT support, those are quoted separately based on your requirements.

My records are in a bit of a state. Can you still help?+

Most clients arrive with records that are somewhere between incomplete and organised. We will tell you exactly what information we need and work with what you have. If there are gaps, we will flag them clearly rather than guessing. Catch-up bookkeeping is available separately if your records need more substantial work before the return can be prepared.

Is there a long-term contract, or can I use you just for this year?+

No contract. You can use us for a single year’s return and decide afterwards whether to continue. Many clients do come back year after year because the process becomes straightforward once it is set up, but that is entirely your choice. If you move on, your records are yours and we will provide everything you need to hand over to another accountant.

What is the deadline for filing my self assessment, and what happens if I miss it?+

The online self assessment deadline is 31 January following the end of the tax year. Miss it and HMRC issues an automatic £100 penalty, with further charges if the delay continues. We aim to have your return prepared and filed well before that date, which also means you have time to arrange payment if a bill is due.

Can you help me plan ahead to reduce next year’s tax bill?+

As part of the self assessment process, we look at your payments on account and flag any straightforward planning steps that are relevant to your situation, such as pension contributions, timing of expenses, or reviewing your trading structure if it has changed. More detailed tax planning is available as a separate service if you want to look further ahead.

Ready when you are

Get your sole trader accounts handled properly.

A fixed fee of £150 covers your self assessment from start to filing, with all allowable expenses reviewed and your tax liability confirmed before anything is submitted to HMRC.

Self assessment filed accurately and on time Tax bill confirmed before submission All expenses reviewed, nothing missed
Get my quote
Fixed fee from £150 Qualified accountants ACSP-registered No long-term contract