Finance Guru offers a range of services aimed at helping sole traders
Our Sole Trader services are ideal for individuals who want to focus on their core business skills and strengths while knowing that the payroll, tax and administrative side of their business is being properly taken care of.
Finance Guru offers a range of services aimed at helping sole traders make the most of their business opportunities. We are happy to provide assistance with annual accounts, ensuring that you comply with all regulations and guidance.
The information contained within annual accounts can have a huge impact on your business and personal life, so it is essential that it is carried out correctly. At Finance Guru, our team is highly experienced in carrying out annual accounts and if you’re looking to remove this from your workload, we are more than happy to help.
Another hugely significant matter for sole traders is tax returns, and this is something we can assist with. Knowing that your tax returns have been completed by a qualified professional is a great benefit to sole traders and we will ensure that your return is as efficient as possible.
We can submit your tax return on your behalf and if required, we can liaise with HMRC on your behalf.
Anyone looking to set up a company should be aware that there are different rules applied to people operating as self-employed and people operating as a Limited Company.
Setting up as a Limited Company provides the chance to lower your NI and tax bill but it can create other responsibilities. We are more than happy to provide guidance on what set-up is likely to be best for your needs so if this is something you are considering, we are more than happy to help.
We can also provide assistance on whether you should register for VAT and which flat rate scheme is likely to be the best for your needs. Finance Guru is also happy to produce your VAT returns for you, so you can be confident that these matters will be taken care of in a professional and effective manner.
A popular service we offer for sole traders is Payroll Services. This can be a time consuming and draining activity for many sole traders, self-employed professionals and small firms but we provide a payroll service that takes the hassle and stress out of the situation.
If you want to be informed of how much you need to pay, we can do this quickly and effortlessly. If you need information on how much money you owe HMRC in PAYE tax and NI, we can provide this for you. Finance Guru will also submit your annual returns to HMRC on your behalf.
Sole traders can benefit from working with the experts on matters that are outside of their skillset, or in areas that they don’t want to spend time on. If you’re looking to safeguard your business while creating a platform for success, get in touch with Finance Guru and we’ll be happy to help.
If this sounds good to you, we’ll be delighted to hear from you, so please get in touch.