Are you a sole trader
looking for an accountant or unsure whether you require one? Do you have multiple jobs that affect how much tax you pay? How can Persona Finance assist me as a sole trader?
As a sole trader, you must set aside a certain amount of money each month in order to pay your taxes when the self-assessment
deadline arrives. It is recommended that you set aside at least 20% of your income to pay your taxes. This will make paying the tax bill easier. Preparation is essential for dealing with taxes and paying them on time.
When you are a UK sole trader or self-employed person, it is critical to keep track of what is going on with your business because you are personally liable for all costs. Our online accountancy service for sole traders will help you to make your cash flow more predictable, we will ensure that you do not incur any additional costs and will assist you in keeping and filing all necessary documents such as accounts, self-assessment tax return, VAT registration, and VAT return.
If you're having trouble understanding taxes and sole trader accounts, you might want to consider hiring an accountant like Persona Finance
to assist you.
Persona Finance Ltd offers free online accounting software
to UK self-employed individuals that will not only save you time on accountancy and bookkeeping but will also improve the efficiency of how you operate. Professional online accountants will constantly advise you on how to improve and expand your business.
We understand that sole traders frequently travel, so we are happy to provide you with special software that will allow you to issue invoices to your customers using your smartphone.