Self-Employed Accounting Services
Running your own business as a sole trader or self-employed professional brings freedom, flexibility, and opportunity. But with that independence also comes responsibility for your finances. From self-assessment tax returns and VAT registration to accurate record-keeping and tax efficiency, managing your accounts can be time-consuming and stressful. At Fairmans Accountants in Leyland, we provide specialist self-employed accounting services designed to make your life easier.
Our experienced team of accountants for self employed offer practical, jargon-free support that keeps you compliant with HMRC while helping you make the most of your income. Whether you’re just starting out, growing your client base, or managing multiple income streams, we give you confidence that your finances are in safe hands.
Why Choose Fairmans for Self-Employed Accounting?
As a self-employed professional, your time is valuable. Managing invoices, receipts, and tax submissions takes away from focusing on your clients and growing your business. By outsourcing to Fairmans, you’ll gain:
- Peace of mind – knowing your tax and accounts are accurate and compliant.
- Tax efficiency – expert self-employed tax advice to reduce your liabilities.
- Time savings – more hours to spend running your business.
- Personal service – support from approachable accountants for sole traders who understand your challenges.
Our role is not only to complete your accounts, but also to act as a trusted partner who helps you make better financial decisions.
Make our specialists
part of your team
Make our specialists
part of your team
Why Choose Fairmans for Self-Employed Accounting?
As a self-employed professional, your time is valuable. Managing invoices, receipts, and tax submissions takes away from focusing on your clients and growing your business. By outsourcing to Fairmans, you’ll gain:
- Peace of mind – knowing your tax and accounts are accurate and compliant.
- Tax efficiency – expert self-employed tax advice to reduce your liabilities.
- Time savings – more hours to spend running your business.
- Personal service – support from approachable accountants for sole traders who understand your challenges.
Our role is not only to complete your accounts, but also to act as a trusted partner who helps you make better financial decisions.
Book a callback to see how we can help you
Speak to our specialist small-business and tradesperson accounts team today. Feel free to ask any questions and our experts will do their best to advise you.
Simply complete the form and a member of our team will call you back at the earliest opportunity.
Our Self-Employed Accounting Services
We provide a full range of self-employed accounting services tailored to your needs.
Self-Employed Bookkeeping
Accurate records are essential to avoid errors and penalties. Our self-employed bookkeeping support includes:
- Recording income and expenses.
- Reconciling bank accounts.
- Tracking invoices and payments.
- Preparing records for tax returns and HMRC compliance.
By using cloud accounting platforms such as Xero, QuickBooks, and Sage, we make self-employed bookkeeping simple, efficient, and fully aligned with Making Tax Digital.
Self-Assessment Tax Returns
Filing self-assessment tax returns is one of the biggest challenges for sole traders. Our accountants for self employed manage the process from start to finish, ensuring accuracy and on-time submissions. We:
Register you with HMRC if required.
Prepare and file your self-assessment returns.
Ensure all allowable expenses are claimed.
Handle HMRC correspondence on your behalf.
With Fairmans, you’ll avoid penalties and gain confidence that your returns are fully compliant.
VAT and Tax Compliance
If your turnover exceeds the VAT threshold, registration is mandatory. Our self-employed accounting services help you manage:
VAT registration and advice on suitable schemes.
Preparation and submission of VAT returns.
Full compliance with Making Tax Digital (MTD) requirements.
Tax planning strategies to manage liabilities.
Our proactive approach ensures you stay ahead of deadlines while maximising efficiency.
Accounting for Sole Traders
As specialists in accounting for sole traders, we provide tailored services for freelancers, contractors, and small business owners. This includes:
Annual accounts preparation.
Cash flow forecasting and business advice.
Support with bank financing and investment.
Guidance on moving from sole trader to limited company if required.
Our accountants for sole trader clients ensure you always have accurate accounts and a clear view of your financial position.
Self-Employed Tax Advice
Understanding what you can and cannot claim is key to reducing your tax bill. Our expert self-employed tax advice helps you identify:
Allowable business expenses.
Opportunities for capital allowances.
Tax relief on pensions and investments.
Strategies for reducing liabilities legally and effectively.
By working with Fairmans, you’ll gain confidence that you’re not overpaying tax and that you’re fully compliant with HMRC rules.
Benefits of Professional Self-Employed Accounting
Working with a personal accountant for self employed individuals offers many advantages:
- Compliance – avoiding penalties from HMRC.
- Efficiency – digital bookkeeping and streamlined processes.
- Tax savings – expert advice to reduce liabilities.
- Growth support – guidance on business planning and cash flow.
- Reassurance – knowing a professional is managing your finances.
Instead of struggling with spreadsheets and deadlines, you can rely on Fairmans to handle the numbers while you concentrate on building your business.
Why Self-Employed Clients Trust Fairmans
Local expertise
Serving freelancers and sole traders across Leyland and the North West.
Approachable team
Friendly, jargon-free advice.
Transparent pricing
Clear packages with no hidden fees.
Digital solutions
Cloud-based systems for real-time access.
Proactive support
Helping you plan ahead, not just report the past.
We are more than just accountants for self employed — we are your partners in success.
FAQs
Do I need an accountant if I am self-employed?
Yes. While you can manage your own accounts, a personal accountant for self employed ensures compliance, saves you time, and helps reduce your tax liabilities.
What expenses can I claim as a sole trader?
Typical claims include travel, office costs, equipment, and professional fees. Our self-employed tax advice ensures you maximise allowances.
Can you help me switch from sole trader to limited company?
Yes. Our accountants for sole trader businesses provide advice on when incorporation is beneficial and guide you through the transition.
Fairmans Accountants
Get in Touch
If you’re looking for trusted self-employed accounting services, Fairmans Accountants is here to help. From self-employed bookkeeping to self-assessment returns, VAT compliance, and expert self-employed tax advice, we provide everything you need to stay compliant and confident.
Expert accountants for self employed professionals, providing clarity, compliance, and confidence in your finances.
