10% OFF ACCOUNTING SERVICES: NEW10
10% OFF ACCOUNTING SERVICES: NEW10
Whether you're a sole trader, freelancer, contractor, or digital creator — staying compliant with HMRC shouldn't be stressful.
Tape UK makes it simple with affordable accountant support, fixed monthly pricing, and self-employed tax support tailored to how you work.
We help self-employed professionals across the UK with:
Our Fixed Monthly Plans — Sole Traders from:
Self-Assessment Tax Return + Unlimited Support
Full tax return preparation and filing, with year-round advice from a UK-based accountant.
Optional Add-Ons:
+ Xero Setup & Subscription
+ Payroll Service
+ Monthly Bookkeeping
Tax Return + Payroll
Includes Self-Assessment return and payroll processing (weekly or monthly), plus unlimited support.
Full Package
Bookkeeping, payroll, Xero software, Self-Assessment tax return, and unlimited access to your accountant.
One-Off Services – Sole Traders
Self-Assessment Tax Return (One-Off)
Complete preparation, submission to HMRC, and expert advice included.
Self-Employed Business Registration (HMRC)
We’ll register you with HMRC as a sole trader or self-employed individual.
Bookkeeping Catch-Up (per hour)
Clean, reconcile, and organise your books — ideal for missed months or disorganised records.
Payroll Setup
Set up your PAYE scheme, even if you’re paying yourself or staff.
Xero Setup & Training (One-Off)
Full setup of your Xero account, including custom chart of accounts and tailored walkthrough.
HMRC Letter Response / Dispute Handling
We’ll draft responses, liaise with HMRC, and guide you through resolving queries.
Business Expense Review & Tax Optimisation
We’ll review your business expenses and recommend legitimate tax-saving opportunities to reduce your bill.
UK Tax Brackets for Sole Traders (2024/25)
If you're self-employed or a sole trader, your tax is calculated based on your profits (income minus allowable expenses).
Here’s how it breaks down for the 2024/25 tax year:
£0 – £12,570 – 0% (Personal Allowance, tax-free)
£12,571 – £50,270 – 20% (Basic Rate)
£50,271 – £125,140 – 40% (Higher Rate)
Over £125,140 – 45% (Additional Rate)
Note: National Insurance (Class 2 and Class 4) is also payable on profits and is separate from income tax. The Personal Allowance is reduced once income exceeds £100,000.
When Should a Sole Trader Switch to a Limited Company?
Switching from sole trader to limited company can help reduce your tax bill and protect your personal assets — but timing matters.
Here are signs it might be time to go limited:
Whether you're just starting out or running a six-figure solo business, we handle the sole trader accounting — so you can focus on doing what you love.
Book a free consultation
Request your fixed quote
Trusted by sole traders since 2019
Tape UK – Clear, compliant, and built for the self-employed.
Spread the Cost with 0% Interest: Monthly Accounting with Tape UK
Copyright © Tape UK. All rights reserved.
Tape UK is a trading name of The Tape Group Limited: 14321356. Registered in England and Wales.
The Tape Group Limited: 14321356 is registered and regulated for accounting, taxation and consultancy services in the United Kingdom by The Association of International Accountants.
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UNIQUE PROMO: 15PERCENT