Sole traders
Prepare your accounts simply with this free template for sole traders.
Free Template + Easy Video Walkthrough
Everything you need to prepare your accounts—without the confusion, overwhelm, or last-minute panic.
Easy & Simple Accountants Make Your Accounts Stress-Free
We get it— You didn’t start your business to become an accountant. But every year, the same challenges show up:
❌ You’re not sure what information you actually need
❌ You keep putting it off until the deadline’s staring you in the face
❌ You’re afraid of making a mistake (and getting in trouble with HMRC)
❌ You don’t have the time—or the brain space—to figure it all out
❌ You just want someone to make it simple
A plug-and-play tool that walks you through exactly what to fill in. No jargon, no guesswork.
We walk you through the template on screen—so you can follow along in real time and know you’re doing it right.
No more spreadsheets from scratch. No more panicked Googling. Just clear steps, done your way, in your own time.
⏱️ Get Your Free Accounting Template + Video Guide
A clean, ready-to-use template (Excel or Google Sheets)
Know what you need to do (and what you don’t need to worry about)
Step-by-step we show you exactly how to fill it out
Download the FREE template today
Prepare your accounts simply with this free template for sole traders.
Your freelance accounts sorted, faster with this free template.
Get your accounts done fast for your consultancy firm.
The countdown is complete
Drop-in free of charge to our weekly advice webinar and have your questions answered by trained accountants!
Company accounts are usually filed 12 months after the date of registration. For example, if you registered Top Limited on 10th September 2024, your yearend will be 30th September 2025. Companies House then allows a further 9 months to submit your accounts. In this example, the filing deadline would be 30th June 2026.
You can file your corporation tax return up to 12 months after the end of your company’s accounting period. However, the corporation tax payment itself must be made within 9 months and 1 day after the year end.
Yes. Both Companies House and HMRC charge penalties for late filing, unless you can demonstrate a reasonable excuse. The later you file, the higher the penalty.
You will need your unique corporation tax payment reference (provided by HMRC). Payments can be made online through the HMRC website at www.hmrc.gov.uk by searching "Pay Corporation Tax."
The personal tax year runs from 6th April to 5th April of the following year. For example, the 2024/2025 tax year covers 6th April 2024 to 5th April 2025. Online returns must be filed by 31st January 2026 for this tax year, and any tax due must also be paid by that date.
Yes. You can apply to Companies House to shorten or extend your company’s yearend, but there are restrictions on how often this can be done.
You must keep records of all income, expenses, invoices, receipts, bank statements, and any other documents that support your accounts and tax returns. HMRC requires records to be kept for at least 6 years.
Yes. Even if your company has not traded, you are still required to file accounts and a confirmation statement with Companies House, and usually a corporation tax return with HMRC (showing “nil” figures).
A confirmation statement (formerly annual return) is a yearly filing that confirms your company details (directors, shareholders, registered office, etc.) are up to date. It must be filed at least once every 12 months.
You must register for VAT if your taxable turnover exceeds £90,000 (2024/25 threshold) in a 12-month period, or if you expect to exceed this in the next 30 days. Registration can be done online via HMRC.