Personal Accounting & Individual Tax

Accountancy Made Simple from only £28/month

Your personal tax doesn’t stop at your salary. Rental income, dividends, capital gains and a company director’s own return all need handling properly, separate from any business accounting. Caroola gives you a dedicated accountant for your personal tax, not just your company’s.

We require 30 days notice of termination | Cancel anytime

Compatible with Xero, FreeAgent and QuickBooks

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Everything Needed for Personal Accounting Support

A limited company’s accounts are one thing. What you personally owe, on dividends, rental income, or anything else outside your main employment, is a separate calculation, and it’s your responsibility to get it right.

We require 30 days notice of termination | Cancel anytime

Specialist Personal Tax Support

Your personal tax return is handled by accountants who are technically qualified, industry accredited, and best-in-class accountancy with decades of experience, not a seasonal filing service.

You’ll get your own dedicated accountant, not a shared inbox or a rotating support team.

Support is unlimited, and quarterly check-ins mean your accountant is looking at your full tax position throughout the year, not just once when your return is due.

We require 30 days notice of termination | Cancel anytime

What's Included as Standard & What Is Extra

A standard Self Assessment is part of your core accounting fee, provided we receive everything we need by 30th September following the end of the tax year.

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Included in your core accounting:

Personal Self Assessment tax return, prepared and filed
Advice on dividends and other personal income
Cloud accounting software included
Your own dedicated accountant
Tax planning reviewed every quarter
Support switching from another provider

What's extra:

Rental Pages
Capital Gains
Foreign Income
Residency Pages

Who are these services for?

At Caroola, we handle personal tax for company directors, landlords, and anyone with income beyond straightforward employment, alongside our business accounting services.

We’re also highly experienced with contractors, so if your personal tax position is tied to contract work, we can give tailored guidance.

We require 30 days notice of termination | Cancel anytime

What Counts as Personal Tax?

PAYE employment is taxed automatically, so most employees never file a return. Personal tax becomes your responsibility once income arrives from somewhere else, and HMRC won’t necessarily tell you that you need to declare it.

Missing something isn’t usually deliberate. It’s more often simply not knowing a particular type of income needed declaring in the first place.

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Dividends:
Income from company shares, including your own, above your dividend allowance.
Rental income:
Profit from letting out property, after allowable expenses.
Capital gains:
Profit from selling an asset, like property or shares, above your annual exempt amount.
A director's own return:
Separate from your company's accounts, and your responsibility personally.
Other income:
Savings interest, side income, or anything else HMRC doesn't already tax at source.

Why Choose Caroola for Personal Accounting?

Built for Directors

We understand how personal and company tax interact, not just one or the other.

No Hidden Costs

Your personal return is part of your package, not a separate bill.

Your Own Accountant

Work with a dedicated accountant who takes the time to understand your business.

Clear Pricing

One price for your personal tax and your business accounting, agreed upfront.

One View of Your Finances

Personal and business tax handled together, so nothing falls between the two.

How Much Does Personal Accounting Cost?

Your personal Self Assessment is included as standard, not charged as an extra.

Packages start at £28 + VAT a month for sole traders and £89 + VAT a month for limited companies, with partnerships and LLPs priced around your setup. That covers your core accounting, including one personal Self Assessment return.

If more than one person needs a personal return, a second director, a spouse, or another shareholder, additional returns are priced separately and agreed with you upfront.

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£28 +VAT/mo

For your first 12 months, after your free trial. Cancel anytime.

Choose Sole Trader

Self Assessment filing
Bookkeeping software
Dedicated accountant
MTD ITSA software
Corporation Tax & VAT filing
Annual Accounts
Real-time tax insights

£ Custom Price

Priced on partners and payroll. Quote in one working day.

Choose Partnerships & LLP

Self Assessment filing
Bookkeeping software
Dedicated accountant
MTD ITSA software
Corporation Tax & VAT filing
Annual Accounts
Real-time tax insights

£89 +VAT/mo

For your first 12 months, after your free trial. Cancel anytime.

Choose Limited Company

Self Assessment filing
Bookkeeping software
Dedicated accountant
MTD software
Corporation Tax & VAT filing
Annual Accounts
Real-time tax insights

Speak to a Personal Accountant Today

Ready to work together or interested in learning more? Get in touch with the team to start a conversation.

We require 30 days notice of termination | Cancel anytime

FAQs

Do I Need to File a Personal Tax Return If I'm a Company Director?
Usually, yes. Your company’s accounts are separate from your own tax position. Most directors need to file a personal Self Assessment return declaring salary, dividends and any other income.
Is My Personal Tax Return Included in My Accounting Package?
One basic Self Assessment return is included as standard. If more than one person needs a return, for example a second director or a spouse, additional returns are priced separately.
Do I Need to Declare Rental Income?
Yes, if you receive rental income, it needs to be declared on a Self Assessment return, even if the property doesn’t make much profit after expenses.
How Much Does Personal Accounting Cost?
Packages start at £28 + VAT a month for sole traders and £89 + VAT a month for limited companies, covering your core accounting and one personal Self Assessment return.
Can I Switch to Caroola Part-Way Through the Year?
Yes. No need to wait for year end. We manage the handover with your current provider.
Are There Any Additional Costs?
Additional personal tax returns beyond the first, for a second director, spouse, or shareholder, are priced separately. VAT registration, payroll for employees, supplementary pages or management accounts are also priced separately or included in an upgraded package.