Do I need an accountant as a sole trader? Tax Preparation
Where do you need Tax Accountants?
You can find the best Tax Accountants on Bark. Start your search and get free quotes now!
First time looking for a Tax Accountant and not sure where to start? Tell us about your project and we’ll send you a list of Tax Accountants to review. There’s no pressure to hire, so you can compare profiles, read previous reviews and ask for more information before you make your decision.
Best of all - it’s completely free!
We’ll help you find a Tax Accountant. Help us refine your search by telling us your requirements and we’ll contact service providers in your area to help you.
You’ll receive free quotes from professionals and get quick notifications via our website or app. We make sure we do the leg work for you!
Pick from some of the best providers in your area. With easy access to reviews and direct contact with Tax Accountants, you can be confident with your choice.
East Midlands
East of England
North East England
North West England
Northern Ireland
Scotland
Aberdeen City
Aberdeenshire
Angus
Argyll and Bute
Clackmannanshire
Dumfries and Galloway
Dundee City
East Ayrshire
East Dunbartonshire
East Lothian
East Renfrewshire
Edinburgh
Falkirk
Fife
Glasgow City
Highland
Inverclyde
Midlothian
Moray
Na h-Eileanan Siar
North Ayrshire
North Lanarkshire
Orkney Islands
Perth and Kinross
Renfrewshire
Scottish Borders
Shetland Islands
South Ayrshire
South Lanarkshire
Stirling
West Dunbartonshire
West Lothian
South East England
South West England
Wales
Blaenau Gwent
Bridgend County
Caerphilly County
Cardiff
Carmarthenshire
Ceredigion
City and County of Swansea
Conwy County Borough
Denbighshire
Flintshire
Gwynedd
Isle of Anglesey
Merthyr Tydfil County Borough
Monmouthshire
Neath Port Talbot
Newport
Pembrokeshire
Powys
Rhondda Cynon Taf
Torfaen
Vale of Glamorgan
Wrexham
West Midlands
Yorkshire and the Humber
Here's why hiring a tax accountant could save you time and money as a sole trader
We help you to stay on top of your finances, giving you more time to focus on running your business. We are experienced in providing accountancy services to Sole traders, Partnerships, and Private limited companies allowing you to do what you do, and enjoy best – growing your business. With expert accountancy support, you will have someone on hand to get in touch with, as often as you need to. An accountant who will regularly check-in to ensure things are on track.
Many accountants boast a love for the job they do on a daily basis. It can be exciting for accountants to utilize technology to streamline financial information for multiple clients.
Starting an accounting firm is no different from starting any other small business. And while there are accounting-specific requirements, it’s important to remember that you’re starting a business first.
We treat every situation as unique and will build a team around you to deliver imaginative, entrepreneurial advice that you can trust. What really sets us apart is that we are not afraid to question the ‘norm’, and to ask you ‘what if’, in order to find innovative ways to lift your business performance and/or personal wealth.
All duties that can be done remotely. Much of accounting work is digitised, which means it can be done online, often from anywhere. When you work with online accountants, they can still perform all these tasks. However, instead of meeting in a physical space and handing over paper files, you simply manage everything remotely. You have phone and email conversations. You send them digital files and online access to your accounts
The coronavirus pandemic is hitting accounting firms from all sides as they react to increasingly worried client demands and activate their own business continuity plans, but they are staying very resilient. Meantime, We are putting contingency plans in place and looking to implement remote working if the government announces further tightening of movement across the UK.
How much do tax accountants cost?
Broadly speaking, the higher your income and the more sources of income you have, the higher the fee is likely to be.
Your professional tax accountant will be able to advise you on the full range of options available and what is most suitable for you. Use Bark to get free quotes and get in touch with local tax accountants today.
How do I choose the best tax accountant?
There are a number of factors that are worth considering when choosing your tax accountant. These include:
Professional qualifications - You should check that they have completed relevant qualifications which are regulated by their professional body. In addition, they should be keeping their skills and knowledge up to date through continuing professional development. They are also required to hold Professional Indemnity Insurance.
Invest time - Invest time in finding the right adviser. Research their websites and meet those on your shortlist. When you meet them decide if they are approachable and understand businesses of your size and in your sector. It is helpful if they have expertise in particular areas of tax that you require advice for. Find out if they provide services that you may need now and in the future.
First meeting - Check in advance whether the first meeting is free of charge.
Charges - Establish the basis of fees and when they will be payable. Ask for an estimate and check what is included such as additional charges for other services (e.g. VAT, Payroll). You may be able to minimise charges by doing some work yourself and by using a compatible accounting package.
Terms of engagement - You should receive a letter setting out what your adviser will and will not do for you in the terms of the engagement.
Keeping them informed - You should keep your adviser informed of any changes in your business or personal circumstances. Plus, you should seek their advice in advance if you are considering retiring, selling or giving away an interest in your business or a significant asset.
You can be confident that any of the Bark local tax accountants listed will give you a reliable and professional service.
Do Sole Traders need to hire a tax accountant?
It can be tempting for sole traders to monitor their own financial situation and attempt to save additional overheads when margins are tight.
Hiring a tax accountant can save you money and free up time in which to grow your business interests. Plus, partnering with a good accountant can help protect your legal positioning, guarding against common mistakes that have avoidable consequences.
Filing tax returns can be worrying for those who have never done so before but tax accountants can take the stress out of managing your financial records.
What services can tax accountants help with?
Some of the services your business taxation expert can provide include:
Bookkeeping
Helping you pay the right amount of tax
Improving tax efficiency
Financial compliance
Creating/developing your business plan
Sourcing funding for growth
Growth management
Extracting value from your business
Tax returns
Making tax digital
Exit planning
Can I get a Tax Accountant online?
Absolutely! Online accountancy is becoming increasingly popular, not least because it offers convenience and flexibility, which is ideal for those of us with busy schedules or accessibility issues. As long as you're able to discuss your needs with your expert over the phone or via video chat, then you're good to go.
4.91/5.00
based on 35,521 reviews
The average rating for Bark Tax Accountants is 4.91, based on 35,521 reviews.
