For many sole traders and self-employed individuals, managing finances is one of the most daunting aspects of running a business. Between navigating tax returns, bookkeeping, and payroll, the associated costs of accounting can feel like just another burden.

But here’s the truth, when done right, accounting isn’t just a necessary expense, it’s an investment in your business’s stability and growth.

Understanding the Costs

The costs associated with accounting for small businesses typically include:

Self-Assessment Tax Returns

Ensuring your returns are accurate and compliant is non-negotiable, but mistakes here can lead to fines or missed opportunities for tax savings.

Bookkeeping

Keeping your financial records in order helps you understand cash flow, track expenses, and stay prepared for tax time.

Payroll

Even for sole traders with a small team, managing payroll for up to three employees can quickly become complex without the right support.

Many business owners try to tackle these on their own to save money, but the time spent and potential for errors can often outweigh the perceived savings.

A Fixed Fee Solution

At Troy Accounting, we’ve listened to what sole traders need and created a solution that’s both affordable and practical. Our fixed fee service starts at just £40 per month plus VAT, giving you access to professional support without breaking the bank.

Here’s the details:

• Sole Trader Accounts and Self-Assessment Tax Returns (included): We handle the paperwork, so you don’t have to worry about compliance or missed deadlines.
• Bookkeeping (optional add-on): Streamline your finances with accurate, up-to-date records.
• Payroll for up to three employees (optional add-on): Simplify payroll processes and free up your time.
• This service is designed to give sole traders the confidence to focus on what they do best, running their business, while we take care of the numbers.

Why Invest in Professional Accounting?

By investing in a fixed fee service, you’re not just paying for tasks to be done, you’re buying peace of mind, time, and clarity. Professional support ensures you:

• Avoid costly mistakes
• Save hours of admin work each month.
• Gain insight into your business’s financial health to make informed decisions.

Get Your Personalised Quote

Curious about how our fixed fee service could work for you? We’d love to hear more about your business and provide you with a personalised quote, just click here

Investing in your accounting isn’t just about compliance, it’s about building a stronger foundation for your business. Let’s make it simple, stress-free, and tailored to you.