Small Business Accounting
Accountancy Made Simple from only £89/month
We’re an experienced, transparent accounting partner for small businesses, with fixed-fee packages built around your structure, whether that’s a limited company, partnership, or sole trader.
Everything Needed for Small Businesses
Running a small business means juggling bookkeeping, VAT, payroll and your own tax return, on top of actually running the business. Caroola takes on the financial admin for you, so you can focus on the parts only you can do.
Specialist Accounting Support for Small Businesses
Our accountancy services for small businesses are provided by accountants who are technically qualified, industry accredited, best-in-class, with decades of experience.
You’ll get your own dedicated accountant, not a shared inbox or a rotating support team. They get to know your business and handle it from day one, whatever your structure.
Support is unlimited, and quarterly check-ins mean your accountant is looking at your numbers throughout the year, not just once and then they get left until the next deadline.
- Cloud accounting software included
- VAT registration and returns
- Payroll, monthly
- Annual accounts, prepared and filed
- Corporation Tax or Self Assessment
- Tax planning, reviewed every quarter
- Confirmation Statement support
- Unlimited advice and support
- Support switching from another accountant
Who are these services for?
At Caroola, we support small businesses of every structure, sole traders, limited companies, partnerships and LLPs, along with personal tax support for owners and directors. If any of that sounds like you, we can help.
We’re also highly experienced with contractors and the self-employed, so if that’s how your business operates, we can give tailored guidance.
Small Business Accounts, Tax and Compliance
Our accountants help you navigate the tax, accounts and admin that come with running a small business. It’s a lot to deal with, and missed deadlines and filing errors can carry real financial penalties. Partnering with Caroola means a team of experts handling this for you, accurately and on time. Here’s a brief overview of what applies to you:
CT600 submissions
Filing your annual company tax returns, if you operate as a limited company.
Self Assessment
Your personal tax return, whether you're a sole trader, partner, or company director.
Annual accounts
Required each year if you run a limited company.
VAT returns
Details of the VAT charged and owed by your business, once registered.
Payroll obligations
Payments and deductions reported to HMRC, if you employ staff.
Making Tax Digital
Quarterly digital reporting, if you're a sole trader or landlord over the income threshold.
Deadlines for HMRC and Companies House
Submission dates throughout the tax year, which vary by structure.
Why Choose Caroola as Your Small Business Accountant?
Smart Bookkeeping
Simplify invoicing, expenses, and cash flow with easy-to-use software.
Flexible Plans
Our transparent, fixed pricing ensures you know exactly what you’re paying for.
Expert Accounting
Work with a dedicated accountant who takes the time to understand your business.
Clear Pricing
Our transparent, fixed pricing ensures you know exactly what you’re paying for.
Growth Partner
We go beyond the numbers to offer proactive advice that helps your business stay compliant.
How Much Does a Small Business Accountant Cost?
The cost of a small business accountant depends on your structure and the level of support you need.
Some accountants charge more once VAT, payroll or Self Assessment come into the picture. At Caroola, that’s built in from the start, so the price you’re quoted is the price you pay.
Packages start at £28 + VAT a month for sole traders and £89 + VAT a month for limited companies. Partnerships and LLPs are priced around your setup, with one fixed monthly fee for your core accounting.
If you need specialist support beyond that, it’s available as an optional add-on, priced separately and agreed with you upfront.
Sole Trader
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD ITSA software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Partnerships & LLP
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD ITSA software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Limited Company
- Self Assessment filing
- Bookkeeping software
- Dedicated accountant
- MTD software
- Corporation Tax & VAT filing
- Annual Accounts
- Real-time tax insights
Speak to a Small Business Accountant Today
Ready to work together or interested in learning more? Get
in touch with the team to start a conversation.
FAQs
- How Much Does an Accountant Cost for a Small Business?
£28 + VAT a month for sole traders, £89 + VAT a month for limited companies. Partnerships and LLPs are quoted individually. One fixed fee, no hidden extras.
- Do I Need an Accountant if I'm a Sole Trader?
Not necessarily. If your business is straightforward, filing your own Self Assessment is realistic. It gets harder once VAT, payroll or Making Tax Digital apply to you.
- What Does a Small Business Accountant Actually Do?
VAT, payroll, annual accounts, and your Corporation Tax or Self Assessment return. Beyond the filing, the real value is knowing what’s coming before it costs you.
- Can I Switch Accountants Part-Way Through the Year?
Yes. No need to wait for year-end. We manage the handover with your current accountant.
- Is Bookkeeping Included?
The software to do it in. Invoice, log expenses and track cash flow from your phone.
- Are There Any Additional Costs?
Your monthly package is one fixed fee covering your core accounting. If you need specialist support beyond that, it’s available as an optional add-on, agreed with you before any work starts.
The knowledge hub
Do I Need an Accountant if I’m Self-Employed?
Partner Blog: Funding Questions Every Business Owner Asks
Benefits of having an accountant
IR35 Business Entity Tests
How to Become a Freelance, Self-Employed, Mobile Hairdresser
Making Tax Digital for the Self-Employed and Small Businesses
Making Tax Digital for Landlords
Partner Blog: How to get Funding for Your Business
How to Choose the Right Savings Bank Account for Your Business
Benefits of Tide Business Banking
Why Every Business Needs a Separate Bank Account
