Sole Trader Accountants | Self Assessment & MTD | Tape UK

Self Assessment tax returns from £35 a month and Making Tax Digital handled from £79 a month. Tape UK is AIA-regulated, a Xero Partner and fully in-house, and your price is fixed for your whole term.

Whether you’re a sole trader, freelancer, contractor, creator or self-employed professional, Tape UK helps you stay compliant, organised and financially efficient without the stress of managing everything alone. 

Self-Assessment Support, £35 a month: for qualifying income under £50,000 with no staff. Your annual Self Assessment tax return and basic HMRC support.

Tax & Payroll, £99 a month: for qualifying income under £50,000 with staff. Your Self Assessment tax return and payroll for up to 3 employees.

MTD Income Tax, £79 a month: for qualifying income over £50,000. Making Tax Digital setup, 4 quarterly updates to HMRC, your final declaration and HMRC support.

Full Sole Trader Package, from £195 a month: for any income. Bookkeeping, all tax returns and MTD quarterly updates, expense tracking and business support.

Packages run on a 24-month agreement, with no price increases during that time. The Full Sole Trader Package price depends on your monthly bank transactions, agreed before you start. [See full pricing]

Just need one thing done?

• Self Assessment tax return: from £250 a year
• Sole trader registration with HMRC, including your UTR: £95
• Making Tax Digital setup: £150
• Late tax return support: from £150, plus the tax return fee
• CIS subcontractor tax return and refund claim: from £250 a year

Making Tax Digital for Income Tax replaces the single annual tax return with digital records and quarterly updates to HMRC. It applies by qualifying income:

• Over £50,000: since 6 April 2026
• Over £30,000: from April 2027
• Over £20,000: from April 2028

Qualifying income is your total self-employment and property income before expenses. It is your turnover, not your profit, which catches many people out.

Once you're in, you need to:

• Keep digital records: in HMRC-compatible software. We can add Xero to your Tape UK invoice from £10 a month.
• Send quarterly updates: due by 7 August, 7 November, 7 February and 7 May.
• Submit a final declaration: by 31 January after the tax year ends.

We set up the software, send the updates and file the final declaration. We also tell you in advance when a lower threshold will bring you in.

Not in Making Tax Digital yet?

You still file a Self Assessment tax return each year:

• Register: by 5 October after the tax year you started trading.
• File online and pay: by 31 January.
• Second payment on account: by 31 July, if payments on account apply to you.

• Regulated: we are registered and regulated by the Association of International Accountants.
• In-house: one UK-based team does the work, with no freelancers or outsourcing.
• Ready for what's next: when it makes sense to become a limited company, the same team sets it up and takes over the accounts.

I earn under £50,000. Do I need to do anything about Making Tax Digital now?

Not yet, but check your date. If your qualifying income is over £30,000 you join in April 2027, so it's worth moving to digital records before then.

I haven't filed a return, or I'm late. Can you help?

Yes. Late tax return support starts at £150 plus the return fee. Contact us quickly, because HMRC penalties grow the longer a return is overdue.

Should I stay a sole trader or set up a limited company?

It depends on your profit, how much you take out and how you want to be seen by customers. We can run the numbers for you in a tax planning meeting, which is £195 for sole traders. 

I work in construction. Do you handle CIS?

Yes. We prepare CIS subcontractor tax returns and refund claims from £250 a year.

Can you provide a letter for my mortgage application?

Yes. A mortgage or income reference letter is £125.

How do I switch to you?

Tell us who your current accountant is. We request your records from them and set up HMRC authorisation, which is free for package clients.