Year-End Accounts
Sole trader and partnership accounts, done locally
Running as a sole trader or in a partnership means your accounts feed straight into your tax return. We match you with a local firm that prepares both.
What's involved
What sole trader & partnership accounts covers.
- Year-end accounts for sole traders and partnerships
- Your Self Assessment tax return (SA100) and the partnership return (SA800)
- Working out your taxable profit and your tax and National Insurance
- Recording allowable business expenses correctly
- Guidance on the move to Making Tax Digital for Income Tax
- Splitting profit and reporting each partner's share
Why it matters
Your business accounts decide the tax you pay, so getting the profit and expenses right matters. A local firm keeps your figures accurate and your Self Assessment on time. You avoid penalties and overpaid tax.
FAQ
Good to know.
Tap any question to read the answer. Still wondering something? Send us a message and we will reply within one working day.
No. As a sole trader you report through Self Assessment, not Companies House. You still need accurate accounts to work out your profit, which the firm we match you with prepares.
The partnership files its own return, then each partner pays tax on their share of the profit through their own Self Assessment. The firm handles both sides for you.
One small step
Get matched with a firm that handles this.
Take the free, no-obligation review. Tell us what you need and we'll introduce you to a local firm that does it well.
