Sole Traders & Partnerships

Sole Trader Accounts

At Anderson Accounting Limited we can help you with preparation of your accounts, tax planning, filing returns, and providing advice to optimize your business’ financial performance.

Personal Tax Return

Here at Anderson Accounting Limited we can guide you through the process of filing your personal tax return, ensuring that all income, deductions, and credits are accurately reported. We can also provide advice on tax-saving strategies and help minimise your overall tax liability. We can also offer advice on capital gains tax.

Partnership Accounts

Anderson Accounting Limited can help with preparing partnership accounts, tax returns and offer advice on profit distribution and tax planning strategies.

Partnership Tax Return

At Anderson Accounting Limited we can assist with your partnership tax return by ensuring accurate reporting of income, deductions, and tax obligations while maximising potential savings. We ensure compliance with HMRC regulations, minimising the risk of errors and penalties.

VAT Returns

We can help with your VAT returns by ensuring accurate calculations, timely submissions, and compliance with HMRC regulations. We can also identify potential VAT savings and handle any queries or reviews by HMRC on your behalf.

Bookkeeping

Anderson Accounting Limited can assist with your bookkeeping by maintaining accurate financial records, tracking expenses, and ensuring compliance with tax regulations. We help streamline your finances, giving you more time to focus on growing your business. This can be set up on a flexible term to suit your individual requirements.

Payroll Preparation, PAYE & NI Returns

Let Anderson Accounting Limited manage your payroll preparation, ensuring employees’ wages are accurately calculated, while handling PAYE and National Insurance (NI) returns and submissions in full compliance with HMRC regulations.

Making Tax digital (MTD)

With making tax digital on the horizon, it will soon be necessary for all businesses to submit online quarterly returns to HMRC. Whether you already use an accounting software or are looking to begin, here at Anderson Accounting Limited, we can assist you in setting this up, maintaining accurate accounts and timely submissions.
We have experience working with many accountancy software packages however, have chosen to become accredited with two that we believe work best for our client’s growing businesses. By working closely with both FreeAgent and Xero, we can potentially offer discounted savings to our clients when added to our dashboard. This also allows us easier access to your accounts if you have any queries throughout the year, at the end of the year for the annual accounts and for any bookkeeping needs.