Accountants for Sole Traders & Self-Employed in Birmingham
Running a business as a sole trader or self-employed professional comes with its challenges—especially when it comes to managing finances and ensuring compliance with HMRC tax regulations. At Reflex Accounting, we specialize in providing tailored accounting solutions to help individuals like you handle bookkeeping, tax returns, and VAT registration with ease. Whether you’re a freelancer, contractor, or small business owner, our Birmingham-based accountants are here to support you every step of the way.
Sole Trader/Self-Employed?
Reflex Accounting offers expert accounting services tailored to the needs of sole traders and self-employed professionals.
Whether you’re a freelancer, contractor, or small business owner, we ensure your tax and financial obligations are managed efficiently, giving you more time to focus on growing your business.
Records You Should Keep?
You must keep records of invoices, expenses, and profit to file accurate tax returns.
Operating a business involves many costs. Expenditures incurred for regular business operations can be deducted from gross revenues, reducing the amount of tax paid. For example, if £10,000 in allowable expenses are incurred against £50,000 in revenues, tax is paid only on the £40,000 net profit amount.
What Type of Expenses You Can Claim?
Expenses you can claim include travel costs, accountancy fees, office equipment, protective clothing, staff costs, and advertising costs.
Why Choose Us For Self-Employed / Sole Trader Accounting?
Reflex accounting limited can help self-employed individuals and sole traders by filing their tax returns, keeping track of accounts, and giving peace of mind. They take care of expenses, tax returns, and receipt keeping so you don’t have to worry.
Get in Touch Today!
If you’re a self-employed individual or a sole trader in Birmingham, let Reflex Accounting handle your accounting needs. Contact us today for expert advice and hassle-free financial management.
Request a quote or ask for advice
We work with a wide range of businesses on a national level and can give you the friendly and expert accounting advice you need.