Sole Trader

Sole Trader in the UK

At Fairfield we offer professional bookkeeping and accountancy services for Sole Trade businesses of all sizes.

We provide highly experienced and qualified Accountants for Sole Traders

Being a Sole Trader can bring all sorts of stresses and worries, so our accountants aim to make at least one aspect of your business hassle-free.
Our accounting service can be as comprehensive as you like – we strive to always offer a dedicated and tailored service that suits your unique requirements. If you simply need some help with bookkeeping when you first become self-employed, or would like us to file your accounts with HMRC each year, we have expert accountants who can assist.

Some of our services for sole traders are offered on a fixed-fee basis, giving you a clear cost right from the start.

Our sole trader accountants help you stay on top of your self-employed finances, giving you more time to focus on running your business.

Our dedicated accountants are always on hand to provide unlimited support tailored to you as a sole trader, from answering queries on allowable business expenses to proactive advice on managing your self-employed accounts.

If you’re just getting started as a sole trader, we’ll get you up and running in no time. We’ll take care of registering you with HMRC as a sole trader and ensure you’re aware of your responsibilities, including what tax you need to pay and what expenses you can claim for when you’re self-employed.

We make filing your annual Self Assessment with HMRC quick and easy. We can also help with more complex Self Assessment submissions and perform a full review of your return to ensure you’re paying the right amount of tax as a sole trader.

We offer the essential accounting services for sole traders

  • Book keeping records
  • Year-end support service
  • Quarterly VAT return
  • Payroll
  • Personal tax



Preparation of Company Year-End Financial Statements

Preparation of abbreviated Accounts to be submitted to Companies House

A short personal tax return for the current tax year

Corporation Tax Computations and CT600 forms

Calculations of VAT returns

Dealing with HMRC correspondence

Companies House correspondence excluding Annual Return Submission & payment

RTI/Payroll administration including monthly payslips

Preparation of P11d forms

IR35 contract reviews

Tax planning and accountancy advice throughout the year

Bookkeeping service - processing sales invoices, receipts, bank statements*

Submission of VAT to HMRC (payment to be made by DD to HMRC)

Use of our registered office facility**

Automated bank statement uploads with transaction allocation*

Sales invoice creation and submission to client

Annual Return submission to Companies House (process fee inc. in our fee)

Monthly meeting to discuss financial performance

Monthly management accounts including prepayments and accruals

Mortgage letters, visa letters and other financial documentation



Payable Every Month



Payable Every Year



One Time Payment