Sole Traders & Partnerships

Accountants in Chesterfield

 

Conducting business as a sole trader is the simplest and most popular trading medium. We offer various accounting and tax services for sole traders, including:

• Registering a new sole trader business with HMRC and the Contributions Agency.
• Examining VAT registration.
• Record keeping requirements under Self Assessment and Bookkeeping.
• Personal tax advice and compliance.
• Preparing statutory accounts.
• General business, tax and finance advice.

Partnership Accounts

 

• Advice on creating, and the contents of, a Partnership Agreement.
• Comparing the tax cost of trading as a partnership versus trading as a limited company.
• Preparing statutory accounts.
• Examining the possibility of becoming a limited liability partnership.
• Preparing the self assessment tax returns of the partnership and the individual partners.
• Pre-year end tax planning advice.