10% OFF ACCOUNTING SERVICES FOR 24 MONTHS: 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:
Optional Add-Ons:
+ Xero Setup & Subscription – +£40/month
+ Payroll Service – +£30/month
+ Monthly Bookkeeping – +£100–£200/month
One-Off Services – Sole Traders
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:
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
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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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