Accounting Services

Statutory accounts preparation – Unincorporated businesses.

Sole traders and partnerships are unincorporated businesses and, therefore, are now under the scope of MTD and need to file with HMRC on a tax year basis as opposed to an accounting year basis; this is known as 'basis period' reform, it is new from April 2024, but we can help you with this.

Our Statutory Accounts preparation service includes:

  • Preparing the correct set of accounts for the size and type of your business.
  • Discussing those accounts with you to gain a deeper understanding to be used in future potential business development or tax planning strategies.
  • Discuss your accounting and control procedures and help you prepare in advance to make the accounts preparation as seamless and cost-effective a task as possible.
  • If you are a Partnership, we can prepare your SA800 Partnership return for submission to HMRC and provide the relevant section to each partner for their SA100.

Book a free consultation to see how we can help you.