Why Self Assessment Matters for Sole Traders
Every year, thousands of sole traders across the UK are required to submit a Self Assessment tax return to HMRC. If you’re running your own business, side hustle, or freelance service, you’re responsible for reporting your income, claiming expenses, and paying the right amount of tax and National Insurance.
The good news? You don’t have to do it alone.
What Is Self Assessment?
Self Assessment is HMRC’s way of collecting Income Tax from those who don’t pay it automatically through PAYE. Sole traders must file a tax return if they earn over £1,000 in self-employment income during the tax year.
You must:
- Register with HMRC for Self Assessment
- Keep accurate records of income and expenses
- Submit your tax return by 31 January
- Pay any tax and Class 2/Class 4 National Insurance owed
How AdminBooks Supports Sole Traders:
At AdminBooks, we specialise in helping sole traders manage their finances and meet deadlines with confidence. We make the Self Assessment process smooth and stress-free.
Here’s how we help:
Year-Round Bookkeeping Support
We track your income, expenses, and receipts every month using Xero, keeping your records accurate and up to date. That way, your tax return isn’t a last-minute panic.
Preparing Your Tax Return
We go through all your income and allowable expenses to ensure your Self Assessment is complete, correct, and optimised, helping you avoid penalties and reduce overpaid tax.
Filing with HMRC
As an AAT-licensed practice, AdminBooks submits your Self Assessment online securely and on time. You’ll get confirmation and peace of mind that it’s all done right.
Personal Advice and Ongoing Support
We explain what you owe, when to pay, and how to plan for next year. Our support includes guidance on:
- Claiming allowable business expenses
- Using simplified expenses (e.g., for home working)
- Managing payments on account
- Staying compliant with HMRC rules
Who Is This For?
Our Self Assessment service is perfect for:
- Freelancers and consultants
- Online sellers (eBay, Etsy, Amazon)
- Tradespeople and contractors
- Delivery drivers, tutors, and beauty professionals
- Anyone registered as a sole trader
Pricing
- Self Assessment Filing – From just £90, depending on business size
- Ongoing Bookkeeping Support – From £180/month, tailored to your needs
- One-off Bookkeeping Review – Available if you only need help at tax time
Don’t Wait Until January!
Avoid the January rush. Start early and get your Self Assessment sorted with expert help from AdminBooks.
Call us today on 0121 269 7845
Email: info@adminbooks.co.uk
Visit: www.adminbooks.co.uk
AdminBooks – Professional Self Assessment support for sole traders in Birmingham and across the UK.
Self Assessment is HMRC’s way of collecting tax. Learn more on GOV.UK.





