Sole Trader, Landlord & Partnership Accounts
Whether you're a sole trader, landlord or partnership, we provide clear, accurate accounts and tax services tailored to your situation. We take care of the numbers so you can focus on what you're good at – running your business.
How We Can Help:
Sole trader accounts preparation
Partnership accounts and tax returns
Property rental accounts for landlords
Self Assessment tax return submission
Allowable expense advice to maximise your tax efficiency
Capital gains tax where applicable
Clubs, societies, and small charity accounts
Why Choose Us:
We've supported sole traders and partnerships of all kinds for almost 30 years. We understand the pressures of being self-employed, and we keep things simple and affordable — no jargon, no excessive fees, and a friendly face who knows your name.
Who is this service for?
We work with self-employed people across Sheffield and beyond, from tradespeople to consultants and other small businesses. We also prepare partnership accounts and look after landlords with one property or a full portfolio.
Sole traders
We'll prepare your accounts from your records, work out your taxable profit, make sure you're claiming all your allowable expenses and file your Self Assessment return. If your trading income is £1,000 or less in a tax year, the trading allowance may mean you don't need to report it at all.
Partnerships
A partnership files its own tax return, and each partner reports their share of the profit on their personal return. We prepare the partnership accounts and return, and every partner's return too, so everything matches.
Landlords
Rental income is reported through Self Assessment. We'll help you claim allowable costs such as repairs, letting fees and insurance. Mortgage interest on residential lets gets a 20% tax credit rather than a full deduction. If you have property and trading income over £30,000 a year, you'll need to use Making Tax Digital from April 2027.
How it works
Free consultation. We look at your situation and agree your fee up front.
Send us your records. Bank statements, invoices and receipts, on paper or digitally.
We prepare everything. Your accounts and tax return, with a clear summary of what you owe and when.
We file it. Once you've approved it, we submit it to HMRC well before the deadline.
Frequently asked questions
What expenses can I claim?
Costs that are wholly and exclusively for your business, such as materials, tools, travel, phone, insurance and part of your home running costs if you work from home.
Do I need a separate business bank account?
It's not a legal requirement for sole traders, but it makes record keeping much easier, especially with Making Tax Digital on the way.
Can you look after clubs and small charities?
Yes. We prepare accounts for local clubs, societies and small charities too.