Accounting For Sole Traders

As a sole trader, you want to focus on growing your business and making sure that you have an accountant who understands your industry. As specialist accountants for self-employed individuals, our all-inclusive package includes online accounting software that makes raising invoices, recording expenses and checking who’s paid you super-easy.

As a leading firm of Chartered Accountants, we don’t employ any unqualified “advisors” or “account managers”. Instead you will have a dedicated accountant, who will get to know you and your business and help you minimise your tax and file all your accountancy and tax returns on time. You can ask your dedicated accountant for unlimited support throughout the year to answer any queries you have at all.

Why Sole Traders Like Us

As modern accountants for sole traders, we don’t expect you to use out of date spreadsheets or in-house software designed to tie you down. Instead, we give you a free subscription to multi-award winning accounting software – FreeAgent or Xero.

You will have 24/7 real time information on your figures and your personal accountant can advise you anytime on VAT, invoicing, expenses, profit and much more.

Our service is ideal for any self-employed sole traders and we can even cater for when you want to take the next step of hiring employees or setting up a limited company.

  • We get to know you
  • You have one point of contact
  • We take care of the numbers
  • We deliver on our promises
  • Your accounting software is included
  • We have an eye for detail

Packages

Complete

£89+Monthly
£89+Monthly
  • Perfect for sole traders that have time to do minimal bookkeeping

  • Dedicated accountant led service
  • HMRC tax registrations
  • VAT, PAYE, Year end accounts filing
  • Amazing online accounting software (FreeAgent)
  • Accessible from any device anywhere
  • Unlimited support and advice
  • We do the Bookkeeping

Premium

£139+Monthly
£139+Monthly
  • The full package for sole traders that includes bookkeeping

  • Dedicated accountant led service
  • HMRC tax registrations
  • VAT, PAYE, Year end accounts filing
  • Amazing online accounting software (FreeAgent)
  • Accessible from any device anywhere
  • Unlimited support and advice
  • We do the Bookkeeping

Request a call back

Simply complete the form and we will get in touch.

Submit Request

FAQs

We find it helpful to answer some questions upfront. Feel free to get in touch to speak to the team.

Is it easy to switch from my current accountant to 3 Wise Bears?

Yes the process if very straight forward. You will need to inform your current accountant and we will then prepare a letter instructing to provide records of you accounts or online accounting data if applicable.

What is the difference between accountants and chartered accountants?

Although unqualified accountants are subject to the same laws as chartered accountants, ICAEW Chartered Accountants are bound by their Code of Ethics and subject to their disciplinary procedures. 3 Wise Bears are proud to say that we are Chartered Accountants.

Are there any other costs that I should be aware of?

Your personal tax return is something we can also take care of. It is offered at a preferential rate for our monthly customers. You will also be required to file an annual confirmation statement for companies house.

Which online accounting software do you recommend?

We are FreeAgent and Xero certified partners and will recommend which software will be the best fit for your business.

What are the next steps?

Simply get in touch with us and discuss your needs. Thereafter you simply need to complete an application form and we will carry out the relevant processes to welcome you on-board.

Request A Call Back

Speak To Us

020 3793 1703

Call us Monday-Friday, 09.00-17.30

Message Us

info@3wisebears.co.uk

We will get back to you

Offices

17 Hanover Square, London, W1S 1BN

13B The Vale, London, W3 7SH