Keeping it simple
Simple cash accounting and annual tax returns for Sole Traders earning no more than £20,000 a year (gross) who do not need to go digital or limited and who need help to register as self employed, submit late returns, recoup overpaid tax, claim CIS refunds and/or claim Universal Credits if needed.
If you are a Sole Trader earning a gross income of up to £20K a year, you don't need to go digital and I am here to help you keep it that way.
Sue Cartwright AInstAM
Book Keeping for Sole Traders
Hi, I'm Sue
If you are a Sole Trader earning less than £20K a year (gross), you fall below the April 2028 qualifying income for filing your annual returns using an accredited digital system.
Any more than this will require submitting quarterly reviews and an end of year return digitally rather than being able to use your existing HMRC online account to file your return at the end of the tax year. It means you should avoid going digital when you don't need to.
I can help you keep it simple with a cash accounting system that provides everything you need to keep the necessary records, submit your annual returns, recoup overpaid tax or CIS rebates, and claim for support from Universal Credits, if needed.
I either manage your accounts or teach you how to do it for yourself (or both). You will always have my support and you can find more helpful information on my blog.
It's great that you are here and I look forward to working with you.
On the blog
Accounting & Business Audit
Understanding your business, your current situation and your future plans before making suggestions for improvement
Book Keeping Services
I am an experienced self employed book keeper who works with you to keep the right records, reduce your tax liability and submit your annual returns, tax rebates and other claims well before deadlines using your own online HMRC Gateway account
BOOK KEEPING & CASH ACCOUNTING
Helping you set up or switch to a simple non-digital cash accounting system that puts you back in control of your records
REGISTERING WITH HMRC & TAX RETURNS
Helping you register as a Sole Trader with an online account for submitting your non-digital Self Assessment tax returns
UNIVERSAL CREDITS, CIS & TAX REBATES
Helping you register for support with a system to record your income and expenses and complete your monthly online claims
HOW TO
A series of simple checklists to help you register, set up your office and organise your business
Simplicity boils down to two things, identify the essential and eliminate the rest.
Leo Babauta
Working from home
I have always worked from home and this is an expense every Sole Trader should claim for as a business expense. If this hasn't been done in previous years, it could mean you are due a sizable tax refund.
Over the last 40 years I have used my own simple system to keep the required records and submit my end of year returns early, freeing up time to concentrate on my clients, writing, volunteer and creative work.
During the last 10 years, I have been helping friends to navigate the system and save them paying agency or accountancy fees. If you earn less than £20K a year, you don't need to go to the cost of going digital.
I am a Member of the Institute of Administration and Management (AInstAM), and a qualified award-winning Business Advisor who has helped hundreds of small business owners learn new skills to trade independently, online and in their local communites.
I hope you find the information here helpful and please feel free to get in touch if you have any questions.
Sue Xx
