Sole Trader Accountant
We work solely for you!
Trust us to take care of your accounting so you can focus on growing your business. We are a team of sole trader accountants with a variety of services on offer, we tailor to your needs, from as little as £74.99 p/m.
SOLE TRADER ACCOUNTANTS
Features Included
Bookkeeping
We keep track of all your expenses and income so that everything is ready for your tax return deadlines. We keep you stay on top of your bookkeeping.
Filing & Returns
We specialize in handling all your VAT registration and tax submissions. Self-assessments are prepared and filed to ensure accurate and timely submissions.
Free Software
To save you time and money, we’ll set you up with a free Xero account. Link your bank account and upload invoices on the go. It’s as simple as that.
Unlimited Support
At Sterlinx we pride ourselves on being here for our clients. Unlimited support included in all packages over tel/email/zoom call.
Clever accounting for the self-employed
If you thrive, so do we!
We understand that the accounting process can feel daunting and frustrating at times. This is why we promise a smooth service.
What’s included?
SOLE TRADER ACCOUNTING SERVICE
Dedicated account manager
Perpetual tracking
Payable and receivable
Sales & purchases
Equity & retained earnings
Personal tax submissions
Fully managed staff payroll
Bank reconciliation
LIFO & FIFO
VAT calculations & filing
Digital documentation
Free Xero software & training
Helping you along the way
Expert accountants for you
You can trust us to handle your accounts. We are AAT and ACCA qualified accountants taking care of everything. Not to mention, we are proud Xero-certified partners.
Every Project is Different
Every Client is Special
Deadline reminders
Never miss an HMRC deadline. We keep you updated on your accounting deadlines so you can avoid any nasty surprises.
Accounts monitoring
Regular bookkeeping means you can relax knowing we are keeping an eye on your account activity.
Professional team
At Sterlinx we pride ourselves on being here for our clients. No question is too big or small, book your consultation now.
Add-ons
We grow with you. We can include payroll, VAT returns, company incorporation, and more as and when you need it.
If you have reached us outside our opening hours, you can either schedule a consultation or leave a message using our contact form. To do so please click contact us.
We work with..
We have a solution for your business or self-employment, no matter what industry you serve. Welcome to the number one sole trader accountant & specialist.
Ecommerce
Our online selling knowledge and expert accountancy are designed for you.
Commercial
Working with restaurants, cafes, delis and more. Keeping things neat for your tax filing.
Amazon Sellers
We do complete reconciliation for Amazon FBA sellers from storage to fulfilment and more.
Economy Workers
Gig to gig, we are here for you whether you are in Uber, Taxi, Deliveroo or Amazon Delivery.
Retail Stores
We make accounting for shop owners oh so simple! The full process is handled by us.
Tradespeople
Trust us to balance your books. A whole range of bookkeeping services.
Freelancers
We help you find freedom from the finances. Upwork or Fiverr, no limit to who we deal with.
International
UK-based accountancy with a global reach. We will bookkeep for your foreign entities.
STERLINX GLOBAL SOLE TRADER ACCOUNTING PACKAGES
Set yourself up to succeed with an affordable plan to suit you. We accommodate accounts from micro-businesses to corporate clients. Please contact us for a discounted rate for price plans outside the following packages.
Standard
£79.99/mo
Our expert accountants will get your tax returns and accounts filed accurately and on time.
Dedicated account manager
Unlimited transactions
Full bookkeeping
Payroll up to 2 employees
Self-assessments for one owner
Digital document management
Free Xero software & training
Perfect for a sole trader
For turnover up to £40,000 a year
Standard Plus
£99.99/mo
Our expert accountants will get your tax returns and accounts filed accurately and on time.
Everything from Standard
E-commerce marketplaces
Amazon FBA & websites
Shopify and websites
Perfect for a sole trader or partnerships
For turnover up to £85,000 a year
Premium
£139/mo
Our expert accountants will get your tax returns and accounts filed accurately and on time.
Everything from Standard Plus
Complimentary virtual address
VAT preparations & filing
Yearly accounts & corporation tax
Confirmation statement filing
Xero multicurrency account
International growth advice
Perfect for a Limited company
For turnover up to £250,000 a year
Frequently Asked Questions About Sole Traders’ Accounting Packages
We have the following Q&A for you about our Sole Trader accounts to make things on hand.
What is Government Gateway?
The Government Gateway is the UK online account used by individuals to submit important tax and company information. As a sole trader you will be required to set up an account, request a personal UTR and pay any taxes due through the Gateway. We will be more than happy to guide you through the process.
Do I have to pay national insurance?
Yes, under the Taxes Management Act 1970 (TMA), you must submit an annual self-assessment if your income is over £1000. Based on the information you provide, HMRC will inform you of how much National insurance and income tax you are liable to pay. You will be placed on the Class 2 National Insurance contribution scheme if your reported profits are below £8,424.00. Class 4 National Insurance contributions are any earning above this figure.
I have a friend who I pay to help me with odd jobs sometimes. Do I need to set up a payroll?
Not necessarily. If your friend works sporadically and there is no contract in place, benefits, equipment to do the work is not provided, the relationship is not intended to be employer/employee then it is not required. It is likely that the friend is self-employed.
How much income tax do I have to pay as a sole trader?
Income tax is based on the following rates:
Personal allowance: the first £12,500 = tax-free (unless income is above £100,000, after which you lose £1 of the personal allowance for every £2 earned).
Basic rate tax: £1-£37,500 (after taking off personal allowance) = 20% tax
Higher rate tax: taxable income over £37,500 = 40% tax.
Additional rate tax: taxable income over £150,000 = 45% tax.
Few details to complete your enquiry
We are here to take care of your business, so you can focus on what you do best. Fill out the details below and we will get back to you quickly.
WHAT OUR CLIENTS HAVE TO SAY
Our Reviews
I am an E-commerce seller and I wanted to expand to the UK market. To register on platforms like Amazon, you need to show a UK-based address proof and some other documents, Read more..
Nathalie Brand
United Kingdom
I highly recommended Sterlinx Global accountants. We are new on the Amazon FBA business and from the beginning, they explained to us step by step all the processes to have, Read more..
Eladio Salomon
United Kingdom
Sterlinx completed our VAT Registration and Submission so that were able to successfully able to sell our products with ease in Germany, France and Spain. The process was very, Read more..
Courtney Long
United Kingdom
WHAT OUR CLIENTS HAVE TO SAY
Our Reviews
I am an E-commerce seller and I wanted to expand to the UK market. To register on platforms like Amazon, you need to show a UK-based address proof and some other documents, Read more..
Nathalie Brand
United Kingdom
I highly recommended Sterlinx Global accountants. We are new on the Amazon FBA business and from the beginning, they explained to us step by step all the processes to have, Read more..
Eladio Salomon
United Kingdom
Sterlinx completed our VAT Registration and Submission so that were able to successfully able to sell our products with ease in Germany, France and Spain. The process was very, Read more..
Courtney Long
United Kingdom