Accounting Services for Sole Traders
Fixed-fee, support, MTD full compliance, proactive advice - so you focus on your work, not the paperwork
Simple, affordable support
We’re a modern accountancy practice providing simple, affordable support for sole traders. Our focus is on clarity, responsiveness, and great client service without jargon or complexity. We pride ourselves on fast communication and transparent fixed-fee pricing. Whether you need help with self-assessment tax returns or everyday bookkeeping, we’re here to make your finances easier to manage.
Why Choose Us?
Springer Accounting offer both fully-inclusive and self-assessment tax return services.
Our accountancy expertise is specifically aimed at sole traders.
Fixed Monthly Fees
One clear monthly fee with no hidden extras. Full accountancy support, year-round, so you always know exactly what you're paying for.
Affordable Prices
Professional, reliable accountancy at a price that suits small businesses. High-quality service without the high costs.
Extended contact hours
Like us, you find it hard to find time during the 9-5 to do anything but work. We're here for our existing clients and discovery calls evenings and weekends
What we offer
Our sole trader accounting package includes
- Preparation & Submission of your Self-Assessment Tax Return
let's work together
Switching to Springer Accounting
Running a business leaves little time for admin, so we make switching accountants simple and stress-free. We handle the entire process for you, contacting your current accountant to obtain the necessary records. Once everything’s transferred, we’ll set up your sole trader accounting on our system and start supporting you right away.
Frequently asked questions
Take a look at our FAQs for quick answers to your questions
Do I need an accountant as a sole trader?
No, it’s not a legal requirement — but most sole traders find an accountant saves time, reduces errors, and helps them claim all eligible expenses. A professional accountant ensures your records meet HMRC standards and your tax return is submitted correctly.
How do I register as a sole trader with HMRC?
You can register online on GOV.UK by creating a Government Gateway account and choosing “register for Self Assessment.” You’ll receive a Unique Taxpayer Reference (UTR) number for filing your tax returns.
What records do I need to Keep?
Keep all income, expense, and invoice records for at least six years. Accurate bookkeeping helps you complete your Self Assessment and ensures you can justify any business expense claims to HMRC.
When do I need to submit my tax return?
Sole traders must submit Self Assessment tax returns by 31 January following the end of the tax year (which ends 5 April). For example, the 2024/25 return is due by 31 January 2026.
How much tax will I pay as a sole trader?
You’ll pay Income Tax and National Insurance based on your profits after expenses. The exact rate depends on your earnings and tax thresholds set by HMRC each year.
What expenses can I claim?
Allowable expenses include office costs, travel, equipment, phone bills, marketing, and business insurance — provided they are “wholly and exclusively” for business use. Your accountant can check eligibility before filing.
Do I need a business bank account?
It’s optional, but keeping a separate account makes bookkeeping and tax returns far simpler. It helps track your business income and expenses accurately.
What is making tax digital (MTD)?
MTD is a government initiative requiring businesses to keep digital records and file tax returns using compatible software. Sole traders earning over the HMRC threshold will join MTD for Income Tax from April 2026.
What is included in your fixed-fee accounting service?
All bookkeeping, tax returns, year-end accounts, and HMRC submissions are covered. You’ll have a dedicated accountant, same-day response, and no hourly charges or hidden costs.
Can you help me switch from my current accountant?
Yes. We handle the transfer process, contact your previous accountant, and import your records so your accounting continues smoothly without downtime.