Accurate, efficient accounting for self-employed sole traders

As a sole trader, you are responsible for the running of your business, including all financial obligations, from bookkeeping and accounts to tax reporting. Pier View Accounting is here to be a trusted business partner and take the burden of these tasks away to give you more time to focus on your business, with peace of mind that your books, accounts and tax returns are being managed by experts.

Services for sole traders:

As a sole trader, we understand that your main concern is doing your job and getting paid well for it. That’s why we take all of the stressful and time-consuming parts of being a sole trader and taking care of them for you. We offer dedicated sole trader tax accountancy in Bristol, Clevedon and North Somerset areas and we can provide sole trader Self-Assessment accounting.

We can provide a full tax preparation and filing service
We offer bookkeeping and full tracking of your income
If you need to submit VAT returns, we handle those too
We can get you fully compliant with HMRC
Our accountancy firm can provide first-class advice on self-employment
We can get you all set up for MTD coming in 2026

Why choose our tax services for self-employed people?

There are lots of reasons to leave everything to us when it comes to your tax accounting as a sole trader:

We have specialist knowledge to save you money and time on accounting and bookkeeping
We offer a transparent pricing service whether you want a monthly or annual service from our team
Our team makes sure that you never miss a deadline submission or get penalties from late filing
We’re proud to offer a fully bespoke service for every sole trader based on your business goals

Ready for "Making Tax Digital (MTD) for Income Tax? It's coming April 26!

How we can help you get set up as a sole trader

It’s pretty straightforward to set you up as a sole trader, but our team makes sure everything is accounted for so you’re properly registered with HMRC. We don’t just register you, but we also help you to get to grips with your tax obligations and get you prepared for Making Tax Digital which is going to be mandatory from 2026.

HMRC registration

We’ll make sure you’re fully set up and registered for Self-Assessment and National Insurance

Set up support

If you’re changing from a limited company or employee to a sole trader, we’ll assist with record keeping

Account guidance

We will assist you with getting familiar with digital accounting and explain the tax responsibilities of a sole trader

FAQ's

Frequently Asked Questions

When do I need to register as a sole trader?

If you’re self-employed in any capacity and earning more than £1,000 per year then you need to register as self-employed. Sole trader tax registration is obligatory, and we’ll help you to do it at every step of the way by preparing your sole trader accounts.

What taxes do sole traders need to pay?

A sole trader will pay tax on a sliding scale depending on the profits you take. You’ll also need to pay National Insurance as well as VAT if your turnover exceeds approximately £90,000. We make sole trader tax returns simple!

Can I claim business expenses as a sole trader?

Anything that you use or buy exclusively for use in your business can be claimed back, but make sure you keep receipts for everything. When you do this, your total taxable profile is reduced and our tax accountancy for sole traders makes sure you pay as little as possible.

Do sole traders need a business bank account?

As experts in sole trader accountancy, we recommend that you set up a separate bank account for business purposes. This helps you to separate both business and personal income and outgoings and makes reporting for tax much easier.

REACH OUT TO US IF YOU’RE A SOLE TRADER IN BRISTOL, CLEVEDON OR NORTH SOMERSET

We can get you set up quickly with no fuss

In just one consultation with us, we can provide you with all of the information you need to successfully set up as a sole trader and pay your taxes accurately.