Self Employed

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If you are self-employed, in simple terms you work for yourself. There is no legal distinction between you as the business and you as the individual. This type of business is often referred to as a Sole Trader.

A sole trader records their income and expenditure and reports this to HMRC via a self-assessment tax return each year. You pay income tax and National Insurance Contributions on the profits of your sole trader business, subject to the thresholds and allowances applicable to that tax year.

Sole Traders take their income from the profits of the business and do not pay themselves a salary. Sole Traders can be employers and can be VAT registered, as with other types of business.

Good To Know

The tax year runs from 6th April to 5th April.

A self-assessment tax return is due to HMRC (online submission) by 31st January following the end of the tax year.

Tax payable (and other amounts such as National Insurance Contributions, Student Loan etc) is due to HMRC by 31st January following the end of the tax year.

First Payment on Account* is due 31st January

Second Payment on Account* is due 31st July

*more information on payments on account can be found here

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Services

We provide a wide range of services which enables us to provide a complete solution, tailored to yours and your business’ needs.

ACCOUNTS

BUSINESS PLANNING

START-UP

VAT

BOOKKEEPING

COMPANY SECRETARIAL

SELF-ASSESSMENT

PAYROLL / PAYE

SOFTWARE

TRAINING

Don’t just take our word for it!

We chose to work with Caroline Hinde Accountancy because we wanted to have a real-time view of our business performance, rather than months after the year had ended. Having this information has enabled us to take informed decisions which has enabled a period of growth for us.

Knowing that everything is taken care of on a monthly basis gives us huge peace of mind and we always know well in advance of our tax liabilities so we are always in control of our cashflow. We now use the software recommended to us to send our customers invoices which look professional and make it easy for us to monitor any outstanding invoices.

The service we receive from Caroline Hinde Accountancy is invaluable - they're approachable, friendly and professional.

Rob Brown Fabritek

Caroline has recently finished my accounts for me. She has done an excellent job of pulling everything together and I felt both relieved and confident, that they were submitted correctly.

I am so pleased that I asked for Caroline's assistance in helping me with my accounts. Even though I'm just a small business, it was nice to have that reassurance, that everything has been done correctly. It was money well spent!

I found Caroline to be very approachable and helpful in her advice. A lovely person to work with - thank you!

Yvonne Dixon Pampered Soul

A fabulous accountant with a personality and a sense of humour? An oxymoron I hear you cry! But not at all. Caroline Hinde is all of that!

For a small business owner like me who knows next to nothing about self assessment and has no inclination to further their knowledge, what I need is someone who simply takes care of it all. That’s exactly what I got from Caroline; she is efficient and friendly and is incredibly knowledgeable. Nothing is too much trouble and she has taken all the stress out of the whole process for me.

I can’t praise Caroline highly enough and would recommend her to anyone I know and indeed have done so whenever I can. Look no further than Caroline, and you will not be disappointed.

Jan Needham Berkano Wood

I have found Caroline to be highly professional, efficient, knowledgeable, friendly, and helpful in my dealings with her, and have no hesitation making a recommendation.

Joanne Smith House of Colour

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