Sole trader accounts
Turn business income and expense records into accounts ready for your tax return.
Gondal Accountancy · Serving Coventry
Accountants in Coventry
Accounts and tax returns for sole traders, self-employed people and small businesses. Get help with the paperwork, understand your figures and agree a fixed fee before we start.
Sole Traders
Small Businesses
Self Assessment
Payroll & PAYE
Serving Coventry remotely from our Birmingham office. Meetings by arrangement.
Choose what you need
What do you need help with?
Starting out, catching up or changing accountants? Tell us where you are now.
Fixed fees agreed first
Know what your quotation covers before we start.
One return or ongoing help
Choose tax return support, regular accounts or both.
Work with us online
Share records securely and speak to us by phone or video.
Clear next steps
Understand what to send and which work we will handle.
Sole trader accountants for Coventry
Working for yourself often means doing the paperwork after the paying work is finished. We help sole traders organise their records, prepare accounts and complete Self Assessment, whether you are in your first year or have been trading for some time.
Bring us your sales records, bank statements and receipts. We will look at the business expenses you want to claim, discuss anything that needs explaining and tell you what else is needed before preparing the figures.
Get help with sole trader accountsSelf-employed alongside a job?
Your business is only part of your personal tax position. Let us know about employment income, pensions, dividends or rental income so we can consider everything relevant to the return.
For construction subcontractors, keep your CIS deduction statements as well as invoices and expense records. We can review the deductions when preparing your tax return.
CIS accounting supportAn accountant for your small business in Coventry
You may be comfortable sending invoices but need someone to look after the books. Or you may want accounts, VAT and payroll managed together. We start by asking what you already do and where the work is getting in the way.
For a new business, we can discuss the accounting responsibilities of trading as a sole trader or limited company. For an established business, the priority may be catching up, improving records or making a move from your current accountant.
Discuss your small businessWhat should your fee include?
A useful quotation makes the responsibilities clear. Tell us whether you need bookkeeping, annual accounts, a tax return, VAT or payroll, and which tasks you plan to keep doing yourself.
We consider transaction levels, the condition of the records and the work required before quoting. Extra work should be discussed so you understand its cost before deciding.
Request a fixed-fee quotationSelf Assessment for self-employed people
If your tax return is the main reason you need an accountant, start there. We can help with a single return and explain the records needed without assuming you want a year-round accounting package.
We prepare the calculation from the information you provide, review relevant expenses and allowances, and explain the figures before you approve submission. If a deadline has already passed, tell us straight away so we can discuss the outstanding work.
Arrange tax return supportGetting your records ready
Start with your business income, expense receipts and bank statements for the relevant period. Include details of any tax already deducted and other income you need to report.
Send us any HMRC letters about the return as well. We will explain how to share documents securely and arrange the agent authorisation needed to act for you.
Ask about your tax returnPayroll and PAYE accountants for Coventry employers
Taking on staff adds a regular job to your diary. We can handle agreed payroll tasks, including calculations, payslips and RTI submissions, while you provide the employee details and changes needed for each pay run.
Tell us how often you pay staff, how many people are on the payroll and who manages your pension scheme. We will explain the handover information and agree a timetable for receiving pay changes.
Talk to us about payrollKeep payroll and bookkeeping connected
Wages, employer costs and payments need to be reflected in your accounts. If different people handle payroll and bookkeeping, agree how the information will move between them.
We can discuss payroll as a separate service or alongside bookkeeping. Let us know about pension administration or statutory pay support you also need.
Explore bookkeeping supportAccountancy services for Coventry businesses
From a first tax return to regular bookkeeping and payroll, choose the support that fits how you work.
Small business accounting
Accounts and regular support built around the size of your business and the tasks you want to hand over.
Self Assessment
Get help reporting self-employed income alongside other income that belongs on your personal tax return.
Bookkeeping
Keep sales, expenses and bank records organised, or ask us to bring a backlog up to date.
Payroll and PAYE
Payslips and payroll reporting for businesses with employees, including help with starters and leavers.
Limited company accounts
Annual accounts and company reporting, with Corporation Tax support included where agreed.
Making Tax Digital
Check what applies to you and put digital records and compatible software in place.
Making Tax Digital for sole traders and landlords
Making Tax Digital for Income Tax changes how affected sole traders and landlords keep records and report income. We can check when you need to join and help plan the bookkeeping and software you will use.
Your qualifying income and circumstances determine whether the rules apply. MTD for VAT is a separate requirement. We explain the work involved and can agree help with digital records, quarterly updates and your annual tax return.
Making Tax Digital supportUse software that fits your records
Already using Xero, QuickBooks or FreeAgent? Tell us what you use before buying anything new. We can review how your records are kept and what changes the required submissions may need.
Working with us from Coventry
You can work with us from your home, shop, workshop or office in Coventry. Send records securely online and discuss questions by phone or video, with no need for regular trips to Birmingham.
Our office is in Birmingham, and in-person meetings are available by arrangement. Before you instruct us, we explain how to share information, what we need to get started and how the agreed service will work.
Moving from another accountant
- Tell us how your business works and whether any deadlines are approaching.
- Review your fixed-fee quotation and the work included.
- Once instructed, we can request relevant records and professional clearance from your existing accountant with your permission.
- Complete the agreed authorisations and send the records needed to begin.
Questions about accountants serving Coventry
Sole trader accounts, small business fees, tax returns and working with us remotely.
Our office is in Birmingham. We support Coventry clients remotely, with secure online document sharing and conversations by phone or video. You can also arrange a meeting at our Birmingham office.
Yes, if you are happy to work remotely with our Birmingham team. We help Coventry sole traders with accounts, bookkeeping and Self Assessment. You do not need to travel to the office to use the service.
Yes. You can ask us to prepare a single Self Assessment return. We first discuss your income, available records and any outstanding work, then explain the scope and fixed fee.
The fee depends on the services you need, the volume and condition of your records and any catch-up work. Payroll costs also depend on staff numbers and pay frequency. We provide a quotation showing the agreed work before you decide.
Tell us how far behind the records are and whether a tax, VAT or accounts deadline is approaching. We will review what is available, identify missing information and discuss the work and timescale.
It depends on your circumstances and qualifying income. MTD for Income Tax is being introduced in stages for affected sole traders and landlords. We can check your position, discuss any exemption and help arrange compatible software and digital records.
Yes. We can discuss payroll for your employee numbers and pay frequency, either separately or alongside other accounting services. We agree who supplies employee changes and which pension administration tasks are included.
You can enquire at any point. Tell us about your current arrangement, completed work and upcoming deadlines so we can plan the handover. With your permission, we can contact your existing accountant for professional clearance and relevant records.
Gondal Accountancy
Talk to us about your accounts
Tell us what you do, which records you have and where you need help. We will explain the next steps and provide a fixed-fee quotation for your accounting or tax return work.