Sole Trader & Self-Employed
Accountants with Zero Added VAT
Fixed-fee annual trading accounts, Self-Assessment tax returns (SA100/SA103), Making Tax Digital (MTD for ITSA) quarterly reporting, and CIS subcontractor tax rebates for sole traders, freelancers, and tradespeople across Chester, the Wirral, Liverpool, and UK-wide. Our monthly packages start from £65/month with zero added VAT—giving you clear written tax advice and direct senior ACCA support with no surprise bills.
Practical Accounting & Tax Support
for Sole Traders & Freelancers
Running your own business across Chester, the Wirral, Liverpool, and UK-wide should not mean losing evenings to spreadsheets or worrying about HMRC deadlines. With fixed monthly packages from £65/month and zero added VAT, our ACCA chartered certified team prepares your annual trading accounts, checks every allowable deduction, and files your tax return on time.
Year-End Trading Accounts
We reconcile your business bank statements, sales invoices, and receipts into clear annual Profit & Loss accounts—ready for HMRC and mortgage lender income references.
Self-Assessment & CIS Returns
Full preparation and online HMRC submission of your personal SA100 return and SA103S/F self-employment pages—including CIS subcontractor tax deduction reconciliations and rebate claims.
Allowable Expense Reviews
We review your business costs line by line so you claim every eligible deduction—including business mileage (45p/mile), use of home as office, tools, vans, and Annual Investment Allowance (AIA) claims.
Tax, NICs & Payments on Account
We calculate your exact Income Tax and Class 4 NIC bill, check voluntary Class 2 NIC credits for your State Pension, and submit January/July Payments on Account reduction claims where profits reduce.
Making Tax Digital (MTD for ITSA) Compliance
If your combined gross self-employed turnover and property income exceeds £50,000 (from April 2026) or £30,000 (from April 2027), HMRC requires you to keep digital records and submit quarterly updates rather than a single annual tax return.
As a Certified Xero Partner (also supporting FreeAgent and Dext), we set up your digital records under your 100% direct ownership.
We review your figures and submit all 4 quarterly income and expense updates to HMRC, followed by your Year-End Final Declaration.
Each quarter we give you an updated estimate of your upcoming January and July tax bill so you never face late-filing penalty points or surprises.
How It Works: Getting Started or Switching Accountants
Whether you have just registered as self-employed or are switching from another accountant, we handle the entire setup.
Clear Written Fixed Quote
We review your turnover and bookkeeping setup and send you a clear written quote with zero added VAT—with no phone number required and zero sales pressure.
Smooth Handover & Setup
We set up HMRC agent authorisation, configure your Xero or FreeAgent software, and request professional clearance and prior tax returns from your previous accountant.
Year-Round Support & Filing
Get on with running your business while we handle your quarterly MTD updates, year-end accounts, and SA100 approval via IRIS OpenSpace well ahead of 31 January.
Trusted by Sole Traders,
Freelancers & Subcontractors
We act for self-employed consultants, freelancers, and tradespeople across Chester, the Wirral, Liverpool, and UK-wide—preparing accurate trading accounts, claiming every allowable business expense, and filing Self-Assessment returns ahead of the deadline with zero added VAT.
5.0 Star Rated (106 Verified Google Reviews)“I have been with Phillips & Co since becoming self-employed in Chester. They are brilliant, efficient, and always happy to answer my questions. Having an accountant who proactively manages everything gives me complete peace of mind. Highly recommend!”
“Mark was brilliant from start to finish helping with my annual Self-Assessment. He made the entire tax process smooth, fast, and straightforward, pointing out allowable deductions I had missed. Have already recommended Phillips & Co to friends.”
“Fantastic accountants. Quick, informative, and nothing is ever too much trouble for Terry and his team. My annual Self-Assessment is completely stress-free and highly cost-effective with zero added VAT. Exceptional service throughout.”
Clear, Fixed-Fee Pricing
for Sole Traders & Freelancers
Our fixed monthly packages give you complete certainty over your accounting costs—covering your annual trading accounts, Self-Assessment tax return (SA100/SA103), allowable expense reviews, and routine HMRC correspondence across Chester, the Wirral, Liverpool, and UK-wide with zero added VAT.
Whether you need straightforward annual Self-Assessment compliance, quarterly digital reporting under Making Tax Digital (MTD for ITSA) (mandatory for qualifying gross income over £50,000 from April 2026, and £30,000+ from April 2027), or quarterly VAT filings, choose your monthly tier below.
Zero Added VAT on All Sole Trader Packages
Save 20% Out-of-PocketNon-VAT registered sole traders cannot reclaim VAT charged on accountancy fees, meaning traditional VAT-registered firms add an extra 20% to your annual overhead. At Phillips & Co, our Essential package costs £65/month total—saving you 20% out-of-pocket every single year.
Essential
Annual Trading Accounts & SA100
- Annual trading accounts & personal SA100 / SA103 tax return
- Full review of allowable expenses, mileage & capital allowances (AIA)
- CIS subcontractor tax deduction reconciliations & rebate claims
- Direct senior ACCA support & registered HMRC agent representation
MTD Compliant
Quarterly MTD for ITSA & Year-End
- Includes everything in the Essential (£65/mo) package
- All 4 quarterly MTD for ITSA digital updates submitted to HMRC
- Year-End Final Declaration & quarterly running tax estimates
- Xero or FreeAgent digital linking setup under your 100% ownership
Growth (VAT & MTD)
Quarterly VAT, MTD Updates & Accounts
- Includes everything in the MTD Compliant (£95/mo) package
- Quarterly MTD VAT Return preparation, checks & HMRC filing
- Quarterly bookkeeping health checks & VAT scheme reviews
- Annual Sole Trader vs. Limited Company tax efficiency comparison
Need Monthly Bookkeeping Included or a One-Off Annual Tax Return?
Done-For-You Monthly Bookkeeping (Premium Package — £195/month, No VAT): If you want us to handle your monthly bank reconciliations and Dext receipt processing for you (up to 50 transactions/month) alongside your quarterly VAT, MTD updates, and annual accounts, choose our Premium Sole Trader Package (£195/mo). Our Essential (£65/mo), MTD (£95/mo), and Growth (£125/mo) packages assume your bank feeds and records are kept reasonably up to date; if prior-year records need reconciling before filing, we agree a fixed one-off catch-up bookkeeping fee in writing first. Need a standalone year-end filing without a monthly plan? One-Off Annual Sole Trader Accounts & SA100 filings start from £495 (No VAT) (simple CIS subcontractor / PAYE rebate returns from £250, No VAT).
Customise Your Package: Payroll & CIS Add-Ons
Employee Payroll & RTI
Monthly payroll processing for 1 to 2 employees with HMRC Real Time Information (RTI) submissions, workplace pension auto-enrolment checks, and digital payslips. Single-employee or spouse payroll available at £35.00/mo.
Monthly CIS Contractor Returns
For sole traders paying CIS subcontractors: covers up to 5 subcontractors (+£3/mo per additional sub), including HMRC verification, monthly CIS300 return filing, and deduction statements.
PAYE, CIS or VAT Registration
Standalone registration of your employer PAYE scheme, CIS contractor/subcontractor gross payment status, or VAT registration with HMRC, including agent linking.