Sole Traders & Self Assessments

Our accountancy services can support you in a number of ways if you are self employed (i.e. a sole trader).

Taking the plunge and setting up as a sole trader can be an overwhelmingly exciting but nerve-wracking time. Just because you are skilled in the nature of your trade does not mean you know all the ins and outs of behind the scenes business functionality. iLex can help you every step of the way and you can be sure that your accounts are in safe hands leaving you free to do the thing that you’re brilliant at!

We work with innovative systems that really simplify your accounts and enable you to clearly understand how your business is performing on a monthly, quarterly and annual basis. No two sole traders are alike and during your introductory and ongoing support meetings with Holly or her support team we’ll ensure our service is perfectly aligned to your individual needs.

Budgets and time available to tend to your own bookkeeping will also vary between clients and we’re pleased to offer a range of services to tailor for all.

If you're not a Sole Trader but you still require a self-assessment tax return, we can help with that too. There are a number of reasons why you may need to complete a self assessment; from declaring income from properties to child benefits and many more, we can help you understand what you need to include and help you through the process.

Here’s a summary of our most popular sole trader & self assessment services:

Self Assessment tax return

We’ll prepare and submit your online tax return.

Prices start at £175+VAT

Sole Trader Tax return and accounts

Add the preparation of your year's accounts into a professionally bound document to the basic tax return package.

Prices start at £395+VAT

Extra support

Your first year or so of self employment can be daunting and professional hand holding during this critical time has been proven to make a real difference to the long term success of start ups. We're always pleased to offer advice or support at the start of your business journey or at any time when you just need an extra pair of financially astute hands!

Here's a list of additional services we can help you with.

Registering with HMRC
Setting up and mastering accounting software
VAT thresholds, registrations and returns
PAYE registrations, submissions and returns
Business plans
Budgeting

Next Steps?

If any of these services sound like something that might help you focus more on growing and developing your business we’d love to talk.

Fill out the below form to get in touch or email us at info@ilexas.co.uk