Goodin Reid & Co

Chartered Accountants

Sole Traders

We can provide the following services for sole traders:

Accounts Preparation

The preparation of finalised accounts for businesses from the basic accounting records.

Sole Trader Accounts

Preparation of accounts for individuals running their own businesses.

Management Accounting

The preparation of monthly and periodic management accounts.

Sole Trader Taxation

Calculation and agreement of the tax liability of sole traders arising from their business activities.

Tax Planning

Advice on how to arrange transactions in the most tax beneficial manner.

Taxation

All aspects of tax work for sole traders, including preparing computations, dealing with HM Revenue & Customs and advising on taxation.

Employment

Advice to employers relating to tax on income paid to their employees.

PAYE Advice

Assistance with the Pay As You Earn system of tax collection.

National Insurance Advice

Advice to both employers and employees on the effect of national insurance contributions on salary and benefits.

Value-Added Tax

Advice on complying with, and the incidence of, VAT on business transactions, including cross-border VAT within the European Union.

Bookkeeping

The provision of a bookkeeping service for clients running their own business.

Payroll Service And Advice

The provision of a computerised payroll service and advice on payroll matters.

Small Business Start-Up

Advice on all aspects of starting a business, including finance, VAT and other matters.

Property Taxation

The impact of taxation on transactions relating to buildings and land.