Sole Trader Accounting Services

We get it, as a sole trader there are a lot of additional responsibilities that aren’t the most exciting. From sorting your tax return every year, your quarterly VAT returns and maintaining your expenses and sales all year, the list is long and staying on top of your finances can be a very demanding and overwhelming task, especially when you have a million and one other things to be doing.

That’s where we can help.

Our expert team of accountants for sole traders will minimise your workload to ensure you get to focus on doing what you do best; running your business.

No contracts | Cancel anytime

Compatible with Xero, FreeAgent and QuickBooks

Here are just a few of the key benefits when you choose Caroola as your sole trader accountants:

Hassle Free AccountingWe take the hassle out of filing your accounts, including your SATR and your quarterly VAT return.

Bookkeeping SoftwareAccess to top of the range software to keep your accounts organised throughout the year, from anywhere.

Online & In-PersonWhatever your preference, Caroola are here to make your life easier. We can facilitate online or in-person meetings.

Admin SupportWe take care of any admin work when it comes to your accounts.

Sound Good?

Sole Trader
A powerful solution backed by a team of experienced accountants when you need them. Manage your business on the go with access to bookkeeping software and get your SATR done without fuss.

Sole Trader +
Get a much more personalised and tailored service from a dedicated accountant who’ll also manage your VAT returns in a compliant way.

Sole Trader Package

If you’re looking for a sole trader accountancy package, this is perfect. Enjoy a dedicated accountant, access to bookkeeping software software – saving £273.60 p/year – and all major tax returns, sorted.

Dedicated accountant
Your own personal accountant will be on hand to share advice, guidance and support when you need it.
Self-assessment tax return
Your tax returns will be prepared and filed on time, compliantly, with no hassle.
Annual accounts and review
We'll review your business and accounts annually, so you're confident you're operating professionally and tax efficiently.
Bookkeeping software
You'll gain access to a free, digital bookkeeping software - saving you £273.60 per year.
HMRC Registration
We'll take care of the admin - like registering with HMRC - so you can spend more time running your business.
Easy Onboarding
You'll have a dedicated contact to get up and running quickly, and guide you through every step of setting up your business.
Access to MyMarketplace
Use MyMarketplace to enjoy exclusive deals and support across mortgages, insurance, financial planning, and more.

No contracts | Cancel anytime

£28 +VAT/mo

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

Get Started

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

9/10 of people would recommend

Man standing in his living room holding a glass of water

What our Accountants Can Help With

Managing your finances and legal obligations throughout the tax year can be a headache, especially when your focus is on growing your business. Caroola can help with:

Tax return support
Payroll preparation and submission
Access to bookkeeping software
VAT returns and advice

Tax planning and year-end reviews
Support switching from another accountant
Deadline and payment reminders
MTD compliance

Who Are These Services For?

Selecting the right accountant is about more than just crunching numbers; it’s about finding a partner who understands your industry and is committed to your success.

We have years of experience working with professionals, enabling us to navigate industry-specific challenges, such as income tax, VAT compliance, and allowable expense claims. We know that every career is different, and brings with it unique challenges and regulatory requirements, which is why we offer tailored accounting solutions to match your circumstances.

Additionally, we don’t just respond to your queries, we actively keep you updated on regulatory changes, deadlines, and opportunities that can save you money or improve your financial planning, as well as providing tech-forward solutions, that leverage cutting-edge accounting software, in order to provide seamless, digital solutions that let you manage your finances efficiently while staying connected with our team for expert advice.

No contracts | Cancel anytime

Why Choose Caroola as Your Professional Accountant?

Sole trader accounting has been an integral part of our services for decades, and we have a wealth of experience supporting hundreds, if not thousands, of freelancers at contractors, at every stage of their journey, from HMRC registration, to tax returns, and even scaling the business to a limited company.

Caroola is focused on ensuring our processes and advice are fully compliant with any changes to financial reporting standards and UK tax law, and to providing ongoing training and skills to allow our accountants to continuously develop professionally.

We pride ourselves on giving timely and accurate advice, looking to explain complex regulations with clarity while avoiding jargon to give you a comprehensive, easily understandable picture of your company’s position.

Data security is a top priority for Caroola. That’s why we acquired the Cyber Essentials Plus certification to protect ourselves and any client data we hold, giving you reassurance at a time when cybersecurity has become a critical issue.