The MTD Sole Trader Accountancy Package
Our all-inclusive package designed to handle Making Tax Digital for Income Tax Self Assessment (MTD ITSA), giving you everything you need for HMRC compliance.
Accountants for Sole Traders & The Self-Employed
Stop worrying about Self Assessment deadlines and MTD ITSA compliance. Our dedicated sole trader accountancy services are built for the self-employed, offering peace of mind at a fixed monthly fee.
The Sole Trader Compliance Challenge
Making Tax Digital for Income Tax (MTD ITSA): Key Facts
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What It Is:
MTD ITSA is replacing the traditional annual Self Assessment, requiring a switch to an ongoing accountancy service. -
Who It Affects:
Sole Traders and landlords with Qualifying Income (total income before expenses) exceeding:- £50,000 from April 2026.
- £30,000 from April 2027.
- £20,000 from April 2028.
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What It Requires:
You must keep digital records (e.g., using accounting software) and submit four quarterly updates to HMRC detailing your income and expenses.
Stand-Alone Self Assessment & Accounts
If you prefer a one-off service, we can complete your annual compliance and file your Self Assessment Tax Return accurately and on time.
Other Services for Sole Traders
Payroll for Your Staff
If your sole trader business employs staff, compliant payroll is essential. We handle everything from payslips to RTI submissions and auto-enrolment pensions.
Learn About Payroll ServicesReady to Simplify Your Self-Employment?
Let a licensed AAT Accountant handle your tax and compliance so you can focus on running your business.
Frequently Asked Questions for Sole Traders
What is the deadline for my Self Assessment Tax Return (SA100)?
The online filing deadline for a tax return for the previous tax year (6 April to 5 April) is usually 31 January. We recommend starting well in advance to avoid penalties.
What is Making Tax Digital for Income Tax (MTD ITSA)?
MTD ITSA requires self-employed individuals and landlords with income over £50,000 (from April 2026) to keep digital records and submit four quarterly updates, plus an End of Period Statement and final declaration annually.
What expenses can a sole trader claim to reduce tax?
Sole traders can claim all allowable business expenses, which commonly include office costs, travel expenses, professional fees (like accountancy services), marketing, and capital allowances on equipment. We help ensure you claim everything you are eligible for.
Does your package include bookkeeping software for MTD?
Yes, our MTD Sole Trader Accountancy Package includes access to compliant bookkeeping software needed to meet the digital record-keeping requirements for MTD ITSA.