Accountants for Sole Traders: Stress-Free Accounting and Tax Solutions
Running a business as a sole trader can be overwhelming. Let us handle your tax, filing, and accounting needs so you can focus on growing your business.
Contact Us for a free consultation and see how we can simplify your finances today!
Being a sole trader means wearing multiple hats—managing clients, suppliers, and finances—all while trying to stay compliant with ever-changing tax regulations.
From keeping track of allowable expenses to ensuring VAT compliance, there’s a lot to juggle. But you don’t have to do it alone.
At Bluestone Advisory Ltd, we provide expert support to sole traders like you, offering services that simplify your tax responsibilities and help you stay on top of your finances. Whether it’s dealing with self-assessment tax returns, filing VAT, or ensuring compliance with Making Tax Digital (MTD), we’re here to make your accounting stress-free.
Accountants for Sole Traders
Based in Wimbledon, south London we are trusted accountants for small businesses, medium-sized businesses and charities in London, Surrey and Kent.
If you are looking for local, expert accountants, you have come to the right place. Our trusted, qualified accountants with over 15 years of experience are here to help you.
We tailor our accounting, tax and financial solutions to meet your needs and our expertise covers industries from retail, manufacturing, construction as well as other services.
We want to be a part of your business journey and how it progresses to realising your dreams. Partner with us and let’s grow your business together!
How We Help Sole Traders:
Missing tax deadlines can lead to fines and penalties, but with us, that’s one less thing to worry about. We’ll ensure that your self-assessment tax return is completed accurately and submitted on time. We’ll also keep you up to date with your MTD for Income Tax Self Assessment (ITSA) obligations, making the process as smooth as possible.
Find out more about our self-assessment services.
If you are VAT registered or operate within a CIS scheme, we can assist with your filing submissions and review calculations giving you confidence that the submissions are accurate. Ensuring clarity for your cashflow is important, so we will setup a system that ensures that all expenses are documented, processed and recorded in a timely manner to give you visibility and budget your cashflow needs.
Knowing what you can claim as an expense is crucial to reducing your tax bill. We’ll guide you through allowable deductions like travel costs, home office expenses and business equipment. We also help you maximise your tax reliefs, such as capital allowances for larger purchases like vehicles and machinery as well as evaluating any R&D claims.
Thinking about selling your business? We’ll provide you with an exit or handover strategy. This would include staffing arrangements, premises leases, identifying and valuing the business assets from which to determine a valuation estimate. We can work with other parties, such as lawyers and brokers when marketing the business and calculate the Capital Gains Tax (CGT) on the disposal of your business assets. We will evaluate and take advantage of tax reliefs, such as Entrepreneurs’ Relief, to reduce your CGT bill.
Why Choose Bluestone Advisory Ltd?
- Local Expertise: We serve sole traders across South London, Surrey, and Kent, so we understand the challenges specific to your area.
- Tailored Services: Our solutions are designed for sole traders and tailored to your unique business needs.
- Proactive Support: We keep you informed of upcoming tax deadlines and changes in regulations like MTD for VAT and MTD for ITSA, ensuring you stay compliant.
Client Testimonials
“OUTSTANDING! I am a small business and have been a client of Bluestone Advisory for about a year. I am very pleased with the service given. The communication between us have been great and they are alway
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Frequently Asked Questions (FAQ’s)
Imagine navigating the complexities of your finances with ease, knowing that a dedicated professional is managing your accounts, taxes, and financial planning. That’s where we come in at Bluestone Advisory Ltd. Our role goes beyond number-crunching; we help you understand your financial landscape, uncover opportunities for growth, and steer your business toward success.
At Bluestone Advisory Ltd, we offer a full suite of accounting services that we tailor specifically for your small business or medium-sized business. From accounting, bookkeeping, self-assessment tax returns, VAT, Corporation tax and payroll management to in-depth management accounting and business advisory – we’ve got you covered. We aim to allay your financial worries, whilst striving to your financial goals so that you can focus on growth and improvement.
We help local startups form and then put in place suitable, efficient, and streamlined bookkeeping systems that fits seamlessly into everyday working habits. To best do this we really try to understand your business and the type of information you might need for insights and growth opportunities. Setup, training and ongoing support are provided for you and your colleagues and as your business develops we continue to support you.
Let’s build that future for your business. Book your free consultation to explore how we can tailor our services to your needs.
From bookkeeping to preparing financial statements, ensuring tax and filing compliance the data is collated and organised which can then be taken forward to make strategic decisions and planning. Check out our guide “What is accounting?” for more information.
At Bluestone Advisory Ltd, we don’t just produce numbers – we translate them into actionable insights that empower you to having a clear roadmap for your business’s financial journey, knowing exactly where you stand at any given moment. We help you make the right strategic decisions on your way to achieving your business goals.
Ready to see the bigger picture? Let’s discuss how we can support your accounting needs and guide your business to new heights.