Scale Up Self Employed
Crafted with VAT-registered sole traders in mind, this package facilitates the expansion of operations to achieve a turnover of up to £150,000. It comprehensively addresses the business’s core requirements, guaranteeing smooth management of financial and compliance duties as the enterprise flourishes.
Is it for me?
If you’re a VAT-registered sole trader turning over up to £150,000, this package is built to keep financial and compliance duties running smoothly as the business grows.
Who it suits
Sole traders who’ve outgrown Start Up level support and need more comprehensive cover as trading volume increases.
What’s included
A step up from Start Up, covering quarterly bookkeeping, VAT, and proactive tax planning for a growing VAT-registered sole trader business.
Quarterly bookkeeping:
Up to 3 hours of service per quarter, managed by a dedicated bookkeeping team.
VAT returns:
Standard or flat rate schemes, using MTD-compliant software, prepared and submitted electronically to HMRC every quarter.
Tax planning:
A proactive approach to corporation tax, with a mock year-end analysis based on the latest 9 months of trading data, plus a dedicated session of up to 1 hour to explore tax efficiencies and strategies.
Personal tax return:
For the sole trader business, submitted online to HMRC, complete with a personal report for your reference
Client portal access:
24/7 availability to view completed documents and upload necessary paperwork.
Accounting software:
Sage and Dext integration to digitise financial data, speed up invoice processing, and ensure MTD compliance.*
Cashflow workshop:
A webinar built to help manage and improve the business’s cashflow and financial structures, so cashflow concerns don’t become a recurring challenge.
Regular updates:
Monthly newsletters, budget updates, webinars, and timely reminders for important dates via email.
*Sage and Dext are third-party software providers; any changes on their side are reflected accordingly.
Additional extras
Optional add-ons available alongside this package, should the client need them.
- Register for VAT
- Tax investigation insurance
- Accountant reference
- Registered office address
- Incorporate a limited company
- Register for PAYE
- Declaration of compliance (pension)
Ready to scale up?
Enquire about the Scale Up (Self Employed) package and we’ll be in touch to talk through next steps.