Sole Trader Packages

Simple, Affordable Accounting for Chester Sole Traders

Running your own business as a sole trader in Chester? We understand you need clear, reliable, and affordable accounting support that lets you focus on what you do best. Phillips & Co Accountants offers straightforward packages designed specifically for the self-employed. Let us handle the numbers, ensure you’re compliant with HMRC, and make tax digital simple, all with clear monthly fees and no hidden costs.

Important Note: Phillips & Co Accountants is currently not registered for VAT. Therefore, no VAT is added to our fees – the price listed is the price you pay. This can be a significant saving compared to VAT-registered accountants if you are not VAT registered yourself.

Our Sole Trader Monthly Packages

Choose the package that best suits your needs. Both include setup assistance and ongoing support relating to compatible cloud accounting software (like Xero, QuickBooks, FreeAgent – software subscription fees are separate), proactive deadline reminders, and friendly email & phone support for your accounting queries.

Our Sole Trader Monthly Packages

Choose the package that best suits your needs. Both include setup assistance and ongoing support relating to compatible cloud accounting software (like Xero, QuickBooks, FreeAgent – software subscription fees are separate), proactive deadline reminders, and friendly email & phone support for your accounting queries.

Package 1: Sole Trader Essential

£25 per month (No VAT charged)

Ideal for sole traders with straightforward affairs who need core compliance covered.

  • Annual Self Assessment Tax Return: Preparation and filing of your standard Sole Trader tax return (SA100).
  • Basic Sole Trader Accounts: Preparation based on information from your records or software.
  • Cloud Accounting Software Support: Guidance and setup assistance for compatible software.
  • Ongoing Email & Phone Support: For your day-to-day accounting questions.
  • HMRC Agent Authorisation: We act as your agent, managing correspondence.
  • Deadline Reminders: Proactive reminders for tax deadlines.

Package 2: Sole Trader Growth

£60 per month (No VAT charged)

Perfect for growing sole traders, including those who are VAT registered.

  • Includes ALL ‘Sole Trader Essential’ services, PLUS:
  • Quarterly VAT Return Support: Preparation of figures and guidance for your VAT return submissions (Making Tax Digital compliant).
  • Basic Performance Overview: A summary report (quarterly) to help you understand your business performance.

Prefer a One-Off Annual Service?

If you prefer not to commit to a monthly package, we also offer a fixed-fee service for your year-end requirements:

  • Annual Sole Trader Accounts & Tax Return: £375 (No VAT charged)
    • Includes preparation of basic sole trader accounts from your records/software and filing of your Self Assessment Tax Return (SA100). Suitable for simple sole trader businesses. Complex cases may require a separate quote.

Cloud Software

Our packages integrate seamlessly with leading cloud accounting software like Xero, QuickBooks, and FreeAgent. We provide support and guidance, but please note that the monthly subscription fees for the software itself are separate and typically paid directly to the software provider.

Sole Trader FAQ’S

Chester sole traders, need clear tax and accounting answers? Accountants Chester are here to simplify your business finances! Our Sole Trader FAQs offer quick solutions to your most common questions.

Our standard sole trader accounting package fee for clients in Chester is designed to cover the essentials. This typically includes the preparation and filing of your annual Self-Assessment tax return with HMRC using the information you provide, plus general email/phone support for routine questions during the year.

Yes, absolutely. The core component of our sole trader packages for Chester clients is the expert preparation of your accounts and the accurate, timely online filing of your Self-Assessment tax return directly with HMRC.

Our standard sole trader fee typically focuses on producing your year-end figures and submitting your tax return. While we provide guidance, ongoing bookkeeping services or subscriptions to cloud accounting software (like Xero, QuickBooks) are usually separate options tailored to your needs. We can advise on the most cost-effective bookkeeping solutions for sole traders in Chester.

At Phillips & Co Accountants in Chester, we believe in clear, upfront pricing. The fixed fee quoted for our standard sole trader package covers the agreed-upon services. Any additional work requested outside this scope (like detailed HMRC investigations, VAT returns if you become registered, or complex tax planning projects) would be discussed and quoted separately before any work commences.

Many small sole traders in Chester find tremendous value in our service, even beyond just tax filing. Our Chester accountants ensure your return is accurate (avoiding potential penalties), help identify all claimable expenses (often saving you tax), free up your time to focus on your business, and provide peace of mind. Our transparent sole trader fees make professional support accessible.

Yes. We ensure our Chester clients are prepared for upcoming HMRC changes. Our sole trader accounting services include guidance on MTD for ITSA requirements, advice on compatible software if needed, and ensuring your future Self-Assessment submissions meet HMRC's digital mandates.

Getting started is easy! Simply reach out to our Chester office via the contact details on this page (phone, email, or contact form). We'll have a quick chat about your sole trader business, confirm this package and fee are right for you, and explain our straightforward onboarding process. Contact Us.

Ready to Simplify Your Sole Trader Accounting?

Take the stress out of managing your finances. Let Phillips & Co provide the expert support you need with clear, affordable pricing.

Got Questions? Call/WhatsApp: +44(1244) 220-062