Sole Trader Accountants

Managing your business as a sole trader can be rewarding, but staying on top of your finances, filing tax returns, and meeting compliance rules can be a constant source of stress. That’s where Mollan & Co comes in.

With over 40 years of accounting for sole traders across the UK, we make financial record-keeping easy. Our expert team handles everything from bookkeeping and self-assessments to growth-focused advice, all delivered via secure cloud-based software.

We provide:

• Free initial consultation
• Transparent pricing
• Year-round support

Contact us today to book your free, no-obligation consultation.

Why Sole Traders Choose Mollan & Co.

We’re more than just bookkeepers. As an accountant for sole trader enterprises, we act as your trusted financial partner. Here’s what sets us apart:

• Expert Tax Guidance: We manage everything from self-assessments to Capital Gains Tax (if applicable), accurately and on time.
• Smart Bookkeeping: Automate your records and save hours each month with digital data entry.
• Proactive Tax Savings: We’ll help you claim allowable expenses and structure your finances to reduce liabilities.
• Built for Growth: With accurate cash flow insights and clear reports, you can plan for what’s next with confidence.
• Cloud Accounting Tools: Access your finances from anywhere, anytime – no paperwork, no hassle.
• Compliance Sorted: Never miss a deadline or fall foul of HMRC rules again – we’ve got it covered.
• Making Tax Digital Support: Seamlessly switch to digital tax returns with our Making Tax Digital support.

What Our Accountants for Sole Traders Do

Whether you’re just starting or looking to streamline your finances, we offer tailored services that include:

• Business Setup & Registration: We’ll help you register your business with HMRC and ensure your foundations are solid.
• Digital Bookkeeping: Real-time data tracking, invoice logging, and expense recording made simple.
• Self-Assessment Tax Returns: We’ll file them on your behalf, reducing stress and avoiding late penalties.
• Year-End Accounts: Stay in control with fully prepared accounts and a clear view of your business performance.
• Tax Strategy & Advice: Receive personalised guidance to maximise savings and make better financial decisions.
• Ongoing Support: Get year-round help and quick answers whenever you need them.

FAQs About Sole Trader Accounting

Do I need an accountant as a sole trader?

It’s not a legal requirement, but working with an accountant saves time, reduces errors, and helps you claim the right expenses, sometimes paying for itself in tax savings.

How much does a sole trader accountant cost?

Our packages typically range from £100 to £150 per month, depending on the level of support you need. All pricing is clear, fair, and tailored.

Can I claim business expenses as a sole trader?

Yes. Common claimable expenses include travel, home office costs, software subscriptions, and phone bills. We’ll help you claim everything you’re entitled to.

Which accounting software do you use?

We work with trusted platforms like Xero, giving you secure, cloud-based access to your finances from any device.

Can you help me register as a sole trader?

Absolutely. We’ll guide you through the HMRC registration process and help set everything up correctly from day one.

Why Mollan & Co Stands Out in Accounting for Sole Traders

With over 40 years of accounting experience, we’ve been the trusted accountants for sole traders across the UK, whether you want to streamline existing processes or change accountants.

Our friendly team blends deep expertise with practical, jargon-free advice. With our modern systems and proactive approach, you’ll spend less time managing numbers and more time growing your business.

Book your consultation today. No obligation, just good advice.

Contact Us