Sole Trader, Why you should use an Accountant

28 - 04 - 2021

When it comes to big decisions in life, we usually have a lot of questions. This is definitely the case when it comes to deciding on working for yourself. Whatever reason prompts you; you want to know how to do it right.

Many inquiries we receive all feature the same questions:


·         How will I keep records?

·         How do I charge/invoice?

·         How much tax will I pay?

·         What about expenses?

·         How much would professional advice cost when I need it?


A good step would be choosing an accountant who understands what you want as a service, they know how your industry works, and provide timely advice to keep you up to date.


Accountancy services come in all shapes and sizes.  First of all, check that your accountant is qualified and regulated. You wouldn’t choose an unqualified solicitor or surgeon so why settle for an unqualified accountant?

Next, find an accountant who understands your small business, when you have an initial conversation, ask how their client base is structured.


Specialist accountants, like Foremans LLP, who are ICAEW regulated, are able to advise you on keeping your company running successfully throughout the financial year, and keep you compliant


·         We ensure all your invoices are raised and sent to your clients for you.

·         We calculate all your business expenses and advise on the tax treatment of them.

·         We calculate your tax liabilities and advise on an ongoing basis.

·         We provide advice freely throughout the year.

·         We provide you with an online access so you can upload your documents and then leave them to us.

·         We advise and register you with VAT, PAYE etc, if required, and complete the returns for you.

·         We complete your Annual Self Assessment Tax Return.

·         We provide free business insurance (STC).


And done for one fixed monthly fee.


In other words, choosing the right accountant can make things a lot more stress-free for both you and your business, and you’ll know that your business is being taken care of by experts, leaving you free to concentrate on your own area of expertise.


Foremans are a multi-disciplinary professional firm employing dedicated experts to support the self-employed, sole trader, partnerships and small limited businesses. Supporting clients with the full range of tax planning, bookkeeping, accountancy and business development advice, Foremans have been working with clients’ for over 14 years and are specialists within the small business and contractor field.


We offer free initial advice and unlimited access to your own dedicated Advisor as we believe it’s the personal touch that counts most.

Why not contact us to see how we can help you get started?


Call us at 01244 625500

                 01978 364000






Foremans LLP Umberlla
Foremans LLP