Sole traders

At KAS Accountants Limited we provide accountancy, bookkeeping and tax services for small businesses and self-employed individuals. Becoming a sole trader is the simplest form of trading entity.

You might be self-employed already or wishing set up a new business as a sole trader. Some of the key advantages and features of setting up as a sole trader are as follows.

Profit - As the owner of the business all the profits you earn belong to you.

Preventing your competitors from finding out information about you - As an unincorporated business your accounts are not available within the public domain unlike companies whose abbreviated accounts are made available by House Companies.

Control and flexibility - As the sole owner of the business you have ultimate control over the decisions you make and implement with your own flexibility.

Compliance with HMRC - As a sole trader you must complete your annual accounts and Self Assessment tax return with any tax payable in January and July the following year.


KAS Accountants Limited offers the following services in relation to sole traders

  • Setting up a sole trader business and liaising with HMRC
  • Preparing and filing your annual sole trader accounts
  • Preparing and filing your Self Assessment tax return
  • Assistance with opening a business bank account
  • Acting as your agent with HMRC
  • Registration under PAYE if you decide to become an employer
  • Preparation and filing of period end and annual PAYE Returns
  • Advising you on how much income tax to pay HMRC every January and July


Phone us on +44 (0) 7967 635740 or email us at kasaccountancy@yahoo.com if you require further information.

Managing Partner

Mr Kaleem A Saeed is a Fellow member of the Association of Chartered Certified Accountants.

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