Expert Accountants for Sole Traders in Chester
Take the stress out of being self-employed. Our Chartered Certified team handles your annual accounts, Self-Assessment tax returns, and HMRC compliance for a simple, fixed monthly fee. No ticking clocks, no surprise bills—just complete financial clarity so you can focus on growing your business.
- Fully MTD-Ready: Seamless digital tax transitions ahead of the April 2026 deadline.
- Transparent Pricing: Fixed-fee sole trader packages starting from just £32/month.
- Top-Rated Locally: 4.9-Star Google Rating from 96 verified client reviews.
Important Update: Making Tax Digital (MTD) from April 2026
If your gross sole trader income exceeds £50,000, the traditional method of filing an annual Self-Assessment tax return is changing.
Starting next month (April 2026), HMRC’s Making Tax Digital for Income Tax (MTD for ITSA) mandate takes effect. Under the new legislation, you are legally required to:
Transition away from manual spreadsheets and paper records.
Maintain all financial records digitally using HMRC-approved cloud accounting software.
Submit quarterly income and expense updates directly to HMRC, followed by a final end-of-year declaration.
Seamless MTD Compliance with Phillips & Co
Navigating these new regulations does not need to disrupt your business. At Phillips & Co, our sole trader accounting packages are fully MTD-compliant. We implement Xero software, manage your ongoing digital bookkeeping, and handle all quarterly submissions on your behalf to ensure strict HMRC compliance and eliminate the risk of late penalties.
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Expert Accounting for the Self-Employed
We handle the financial heavy lifting so you can focus on running your business. Our tailored services guarantee compliance and clarity.
- Clear, fixed-fee pricing with no surprises
- Local expertise from a trusted, family-run firm
- Compliance guaranteed for all account types
- Friendly, jargon-free advice tailored to your business
Discuss your accounting needs with a member of our team. To see the fixed price for our statutory and management accounts, view our fees.