Self-Employed Accounts for Self Assessment

What the service covers

Your accounts are prepared to support a smooth Self Assessment submission and reduce the risk of errors, missed claims, or HMRC queries.

• Review of your income and expense records for the tax year
• Reconciliation of business bank accounts and key control checks
• Profit and loss calculation for your sole trade
• Treatment of common items such as mileage, home working, and use of phone or internet
• Capital allowances where relevant (for example, equipment and tools)
• Review of allowable expenses and identification of missing or unclear items
• Clear year-end summary of the figures needed for your Self Assessment return
• Tax estimate guidance based on the completed accounts (where required)

Who this is for

This service suits sole traders, freelancers and contractors who want their year-end numbers done properly without spending evenings sorting spreadsheets.

It is particularly useful if:

• you have multiple income sources or high volumes of transactions
• you are unsure what you can claim as an expense
• you want a reliable profit figure before submitting your tax return
• you need tidy, consistent records for a mortgage, tenancy, or funding application

How it works

1. Gather your records: you share bookkeeping data, bank statements, invoices and expense evidence, plus any notes on unusual transactions.
2. Checks and tidy-up: reconciliations are completed and questions are raised early to avoid last-minute surprises.
3. Accounts preparation: adjustments are applied where needed and your year-end figures are finalised.
4. Your summary: you receive a clear breakdown of income, expenses and profit, with the numbers required for Self Assessment.

What happens after the accounts are prepared

Once the figures are final, you can use them to complete your Self Assessment return, or you can ask for support with submission if you want everything handled end to end.

If you want to plan ahead, the same figures can be used to forecast next year’s tax and set realistic savings for payments on account.