- 9105 Access House, 141 Morden Road, Mitcham, CR4 4DG
- Mail: info@bnwaccountants.co.uk
- Unit 9105, 141 Access House, Modern Road, Mitcham,
- 0208 648 0800
- info@bnwaccountants.co.uk
Self Employed Accountants
BNW accountants are skilled self employed accountants starting from only £20 Per Month. Our services extend beyond simple compliance. We analyze your specific circumstances and identify opportunities others might overlook. We explain tax concepts in plain language rather than accounting jargon. You gain clarity about where your money goes, why certain expenses qualify for relief and how timing affects your tax position.
We deliver specialized accounting support to self-employed professionals in the UK. Our remote-first approach means geography never limits access to expert financial guidance, from Cornwall to the Scottish Highlands. We serve diverse client bases and maintain the customized attention each business's needs deserve.
- Completion of your annual accounts and tax returns
- Dedicated accountant for small business
- MTD-ready accounting software
- 24/7 phone support
What Accounting Services We Offer
We provide accounting services tailored for self employed individuals, whatever where you conduct business. Everything you need for self employed accounting in one place combines traditional expertise with modern accessibility and ensures complete support reaches every corner of the UK.
Bookkeeping
We conduct financial reviews every three months rather than waiting until year-end. These check-ins allow us to adjust your tax position while time remains to act. We project your tax liability based on current performance. This enables you to build reserves over time instead of facing unexpected demands. Periodic reviews also confirm that withholdings match actual wages, especially when you have added staff or increased compensation. Business decisions throughout the year affect your tax position. Planning works best when opportunities still exist to respond.
Self Assessment Tax Returns
HMRC requires your tax return by 31st January for online submissions or 31st October for paper forms. We prepare and file your return while gathering all income and expense data. You must register for self-assessment by 5th October if you're filing for the first time. We handle this registration process and secure your Unique Taxpayer Reference number. Records must be kept for at least five years after the relevant tax return deadline. Our team confirms your return captures all allowable deductions while meeting compliance standards.
VAT
VAT-registered businesses submit returns every three months. Deadlines fall one month and seven days after each accounting period ends. All VAT-registered businesses must keep digital records and file returns through approved software as of April 2022. We use HMRC-compatible platforms like FreeAgent to manage your VAT obligations. The software tracks output tax from sales and input tax from purchases. It calculates what you owe or can reclaim. We confirm figures before submission and maintain MTD compliance.
Whats included with our Self Employed Accounting Package
We bring expertise, time-saving benefits, and peace of mind to your financial management. By partnering with our self-employed accountants at BNW accountants, you can simplify your finances, optimize your tax position, and focus on growing your business. Don’t let the complexities of self-employment overwhelm you – call us today to schedule a free consultation and experience the difference our expert accounting services can make.
- Registering you as a sole trader/self-employed if required
- Preparing and discussing your accounts
- Completing and filing your self-assessment tax return
- Providing guidance on the UK tax system, including N.I. rates
- Offering advice on record-keeping practices
- Determining if your business needs to be VAT registered and suggesting applicable VAT schemes
- Advising on allowable expenses
- Assisting with tax liability and important deadlines
- Acting as your agent and dealing with HMRC on your behalf
- Providing email and telephone support throughout the year
- Offering bookkeeping software solutions
- Conducting tax planning to optimize your tax position
Why Choose Our Self Employed Accounting Services
BNW chartered accountants are the top choice for self-employed professionals seeking expert accounting services. Our team of self-employed accountants has a deep understanding of the unique financial challenges faced by self-employed individuals.
We go beyond traditional tax preparation and bookkeeping services to provide comprehensive financial guidance tailored to your specific needs. With our self-employed accountants, you can expect personalized attention and proactive support throughout the year. We will work closely with you to develop a customized financial strategy that aligns with your business goals. Our expertise in self-employment taxes and regulations ensures that you never miss out on potential deductions or credits, resulting in maximum tax savings.
Who We Help
Different industries present distinct accounting challenges, which is why our self employed accountants develop specialized knowledge in a variety of professional sectors. This expertise allows us to provide accounting services tailored for Self Employed individuals operating in vastly different business environments.
Contractors / Freelancers
IR35 legislation creates complexity for contractors and freelancers. We guide you through these accounting complexities and ensure compliant arrangements whatever your IR35 status. We help optimize how well your invoicing works and payment chasing strategies when necessary.
From £40 per month
Online Sellers and E-commerce
E-commerce businesses selling through Amazon, Shopify, Etsy or Walmart encounter platform fees, multi-state tax implications and inventory management complexity. Accurate bookkeeping tracks gross sales separately from platform deductions, refunds and tax withholdings to reveal true profitability.
From £40 per month
Consultants and Advisors
Our consultant clients include business management specialists, marketing professionals, HR and IT experts, medical professionals and solicitors. Consultants require accounting services that understand their specific industry while maximizing profit potential.
From £40 per month
Tradespeople
Plumbers, electricians, carpenters and builders deal with Construction Industry Scheme requirements along with standard tax obligations. CIS introduces specific rules where contractors deduct money from subcontractor payments as advance tax. We manage CIS reporting, VAT compliance and payroll services designed for trade businesses.
From £40 per month
Sole Traders
Whether operating as a freelancer or contractor, your income follows HMRC's standard tax rate bands. April 2026 brings MTD requirements that apply to sole traders earning over £50,000 in self-employment income, dropping to £30,000 the following year. We ensure your transition to quarterly digital submissions proceeds smoothly reporting.
From £40 per month
Professionals
Artists, writers, designers and musicians face irregular income streams including art sales, royalties, freelancing payments and performance fees. Project-based work involves variable costs, contracts and timelines. We track these diverse income sources while identifying every allowable deduction specific to creative work.
From £20 per month
How To Switch To Us?
We’ve made switching to us incredibly easy. Our three-minute onboarding process means you can get started quickly without mountains of paperwork or complicated procedures. We handle the transition from your existing accountant smoothly, taking care of all the technical details so you don’t have to worry about anything falling through the cracks.
STEP
01
Get Online Quote
Get an instant online quote for your required services to find out how much you'll be paying for services
STEP
02
Signup With Us
Now you will provide your registration details related to your business to signup to our services.
STEP
03
Services Confirmation
Our team will get in touch with you to confirm all the details and share useful information.
STEP
04
Final Onboarding
To get started with your services, we’ll get you set up, settled in and introduce you to your accountant.
We Help UK's Self Employed For Business Growth
Assigning you a specific accountant rather than rotating between team members creates consistency in financial guidance. This dedicated professional learns your business patterns and understands your income fluctuations. They recognize expense trends specific to your operations.
HMRC queries can prove stressful when you face them alone. Your dedicated accountant handles correspondence and explains requests in plain language. They develop responses meeting requirements while protecting your interests. This support proves valuable during investigations or when disputed tax positions require resolution.
Advice that looks ahead moves beyond compliance into strategic territory. Your accountant identifies opportunities to reduce liabilities through legitimate planning rather than recording historical transactions. This forward-looking approach helps you keep more hard-earned money while maintaining full compliance. Strategic insights support business scaling decisions, whether you expand services, hire staff or enter new markets.
What Cloud Software We Use For Self Employed Accounting
We use different cloud accounting softwares, including Xero Accounting Software and freeagent. Helping businesses choose the right accounting solution for there business and industry.
XERO
We use Xero for all our online accounting needs. It is more than just an online accounting system. It is also integrated with lots of other business applications and ecommerce platforms. You can also process online payment processing via Stripe and GoCardless. For banking, Xero connects to over 21,000 banks in 190 countries.
FreeAgent
FreeAgent – Simple online accounting software for Freelancers, Contractors and Small Businesses. FreeAgent automatically builds a business account from all the bank statements, invoices and expenses you have entered throughout the year. This makes it perfect for growing teams and businesses.
Sage and QuickBooks
We can set up a Sage account or a QuickBooks account for you. Sage have recently launched an AI automated feature to Sage Accounting called ‘Copilot’ which automates many of the tasks within the package. The same can be said for the mobile apps for the QuickBooks software.
Checkout Our Great Reviews
We are trusted by hundreds of small businesses, contractors and SMEs due to best accountancy packages. Our financial modeling techniques forecast your budget and cash flows with precision and give you the foresight to plan ahead rather than react to problems. We provide the strategic guidance that helps you understand where your business stands financially, beyond technical expertise.
Everything you need for Self Employed accounting in one place
Financial expertise should never be a prerequisite to manage your accounts. You don't have to be a finance expert to use bookkeeping and accounting software for self employed professionals in the UK. Our easy-to-use cloud solution makes managing your finances simple. You get visibility of money going in and out of your business. You can review cash flow and reduce admin through accessible interfaces designed for non-accountants.
Digital record-keeping allows you to track, store and secure all your financial transactions in one place. You create professional sales invoices from wherever you are, whether you work from your office, meet clients on-site or travel between locations. Use the app on your phone or tablet and work on the go. This mobility means billing happens right after you complete work rather than waiting until you return to a desk.
You need minimal effort to record transactions when automation handles the heavy lifting. Connect your bank feed or snap a photo of your receipts to record your transactions. Create records from sales invoices, bank feeds or receipt scans. The software then categorizes your transactions so they are in the right place. This gives you peace of mind at tax time and valuable information on how your business is doing.