If an individual taxpayer in the UK wants to work for himself instead of being employed, they register themselves for self employment. The business like these are also known as unincorporated businesses.
Businesses need to prepare accounts for self employed to establish their tax payable and national insurance class 2 and 4.
Individuals can carry any trade such as retail, e-commerce, services, health, beauty etc. Any person can trade as self employed or as a company.
Self employed tax returns are compulsory and must be filed to HMRC to avoid penalties and interest.
Retail, e-commerce, services, trade, Health & care
Self Assessment
Tax Returns: CGT, Rental Income, Director, High Earners, Employed RSU/Shares
CIS Contractors
CIS Tax Refunds
Construction
Building work
Tax Returns
New
Accounts
Sole Trader
Unincorporated Businesses
Self-employed
Our Accounting service for Self Employed businesses
Embracing the unique needs of self-employed individuals has been our passion for over 15 years.
We are dedicated to offering tailored pricing to empower you to find the perfect plan for your requirements.
Our tax return fees start at £199, and the total fee is based on whether your records are already organised in a spreadsheet or if you require bookkeeping services.
We provide Dext app on our selected packages. It is Available in market at £27 per month (Prices vary)
Take picture of your invoices and payslips and everything is stored online. No need to worry about losing the receipts. It’s best to retain evidence in case of a tax investigations for a self employed account or tax return.
Anyone can trade as self employed, you could be a carpenter, mechanic, retailer, service provider or starting in a business, you can register as self employed.
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