What tax does a sole trader pay in the UK?

Sole traders pay Income Tax on profits above the personal allowance (£12,570 for 2024/25) and National Insurance Contributions Class 2 and Class 4. We calculate your liability accurately and ensure you claim every allowable expense.

What expenses can I claim as a sole trader?

Allowable expenses include mileage, equipment, tools, home office costs, professional subscriptions, marketing, phone and broadband (business proportion), training and accountancy fees. We review all your expenses to ensure you claim the maximum.

When do I need to register as self-employed with HMRC?

You should register as self-employed by 5 October in the second tax year of trading. For example, if you started trading in 2023/24, you must register by 5 October 2024. Failure to register can result in penalties.

How much does a sole trader accountant cost in Glasgow?

Our Starter package for sole traders begins from £35 per month and includes self-assessment, basic bookkeeping and HMRC support. Contact us for a quote tailored to your income level and record complexity.

Do I need to keep receipts as a sole trader?

Yes. HMRC requires you to keep business records for at least 5 years after the 31 January self-assessment deadline. We advise on the best way to manage your records — including simple app-based systems.

Can a sole trader claim the working from home allowance?

Yes. You can claim either the HMRC flat rate (£6 per week) or calculate the actual proportion of home costs used for business. We identify the method that gives you the highest deduction.

Sole Trader Accountants — Glasgow

Sole Trader Accountant in Glasgow
— From £35 / Month

Affordable, fixed-fee accounting for self-employed individuals and sole traders across Glasgow and Scotland. We handle your tax return, bookkeeping and HMRC so you can focus on your business.

Get a Free Quote Call 0141 237 9960

What We Do for Glasgow Sole Traders

Everything a self-employed person needs to stay compliant and pay the right amount of tax.

Self-Assessment Tax Return

Annual self-assessment prepared and filed with HMRC accurately, on time, every year.

Expense Claims

We review all your income and expenses to maximise your allowable deductions and reduce your tax bill.

Simple Bookkeeping

We keep your income and expense records accurate throughout the year — no complicated software required.

HMRC Registration

We register you as self-employed with HMRC and ensure you are on the right tax codes from day one.

HMRC Support

We handle HMRC queries, letters and disputes on your behalf — you never need to deal with HMRC alone.

Growth Advice

As your income grows, we advise when to consider VAT registration or switching to a limited company.

Sole Trader Accounting for Every Trade

We work with self-employed individuals from every sector across Glasgow and Scotland. Whether you are a tradesperson, delivery driver, freelancer, childminder or online seller, we understand the unique expenses and allowances available to you.

Our sole trader packages are designed to be affordable even in the early stages of self-employment. We make the process simple — just send us your records and we handle everything else, from calculating your tax to submitting your return.

Tradespeople — builders, plumbers, electricians
Delivery drivers — Uber Eats, Amazon, DPD
Taxi and private hire drivers
Childminders and care workers
Cleaners and domestic workers
Tutors and coaches
Freelance creatives and consultants
Online sellers — eBay, Etsy, Vinted

What's Included

✔HMRC self-employment registration
✔Annual self-assessment tax return
✔Income and expense review
✔Maximum allowable expense claims
✔Mileage and vehicle cost claims
✔Home office allowance
✔HMRC correspondence handling
✔Tax payment planning and advice

Ready to get started? We offer a free initial consultation.

Book Free Consultation

Get Affordable Sole Trader Accounting in Glasgow

From £35/month — fixed fee, no surprises. Contact us for a free quote today.