If you are self employed or a sole trader you are an individual who owns and operates a business as their own legal and economic entity. In a sole proprietorship, there is no legal distinction between the business and the owner. The sole trader is personally responsible for all aspects of the business, including its profits, losses, debts, and legal liabilities.

• Ownership: The sole trader is the sole owner of the business and has complete control over its operations.

• Liability: The owner has unlimited personal liability for the business's debts and legal obligations. This means personal assets may be used to satisfy business debts.

• Profit and Loss: The sole trader is entitled to all profits generated by the business but is also personally responsible for any losses.

• Decision-making: The sole trader makes all decisions related to the business, from day-to-day operations to long-term strategic planning.

If you are a sole trader or self employed you must complete a self assessment  to meet statuary requirements it's essential to maintain accurate books, meet accounting compliance and regulation and submit taxes on time. London Numbers understands the challenges of keeping your accounting and finances in order. We provide our clients with personalised  solutions that are tailored to your individual needs. Our services are timely, reliable, easy to understand and dedicated to helping you reach your goals.



        Sole trader and self employed services

• Access to Xero

• Monthly bookkeeping review

• Prepare and file your VAT Returns

• Prepare and file your self-assessment tax return

• Reminder for all deadlines and payments

• Same day response before 3 PM 

• Unlimited support and advice from your own dedicated accountant via email, telephone, video call and face to face meetings in London

Extras

• Company Formation service 

• Registered Office address service 

• Self-Assessment Tax Return for additional Shareholders & Directors 

• Payroll for 2+ employees 

• Fractional FD 

• Fractional CEO 

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