Sole Trader
Hargreaves Owen offers a full range of accountancy services for sole traders and partnerships.
As a sole trader or partner, you are a self employed person. This is the easiest way of setting up in business. Our accountancy services cover all the help you need as a self employed individual. This includes completing your self assessment tax return, and submitting it to HMRC, for example. Our accountancy support evolves with your business involving payroll, VAT and bookkeeping according to your business requirements.
Our team is here as a sounding board for you as you run your business, adding value by exploring the best options to achieve your goals. From analysis to forecasting and professional advice … we’re here to help. Based near Hitchin, Letchworth and Baldock, we welcome clients to our office or are happy to work online.
As your accountant, the Hargreaves Owen team is here to:
- Minimise your tax liability – making sure you don’t pay a penny more in tax than you have to.
- Manage your expense claims – ensuring all your legal expenses are claimed.
- Liaise with HMRC – making your life easier.
- Offer advice – as your business grows, we can advise on your future plans and business structure.
Services we provide
Accounts preparation
As a sole trader or partnership you will probably want to prepare accounts. We ensure you make a claim for everything you are entitled to while staying on the right side of HMRC.
Personal tax return
Completing your personal tax return in a timely fashion so that you know ahead of the 31st January what the tax payable will be.
Partnership tax return
If the business is a partnership then there will be a partnership tax return to complete as well as personal tax returns for each partner.
VAT returns and bookkeeping
If you are VAT registered then we can help prepare and file the VAT returns for you. Even if you are not VAT registered it is important to keep the books up to date and we are happy to help. Choosing the right bookkeeping package can be difficult so let us help you make the right decision for you and your business. We offer all new clients six months FREE subscription to Kashflow the online bookkeeping package we recommend.
Payroll
If you have any employees you will need to have a payroll scheme set up and submit Real Time Information (RTI) to HMRC. This is something we can help you with, along with Auto-Enrolment we can remove the burden, giving you time to focus on what you are really good at.
CIS
We can complete the monthly CIS return to ensure you never miss a deadline which would result in a least a £100 fixed fine and even more if the return is more than two months late.
Act as agent
We deal directly with HMRC so you don’t have to.
HM Revenue & Customs Investigations
If you are unfortunate enough to be the subject of a tax investigation by HM Revenue & Customs, it can be a stressful and worrying experience. We have a wealth of experience in dealing with HM Revenue & Customs investigations and all new clients are offered 12 month FREE cover with our Tax Compliance Insurance policy.
Get in Touch
Please contact us if you need further advice, have any questions about our services, or would like a free consultation or a fixed quote.