Sole trader accountants in Cambridge

Simple, practical accounting support for sole traders

Q: Do I need to complete a Self Assessment tax return?

Yes , if you are self-employed as a sole trader, you will usually need to complete a Self Assessment tax return to report your income and expenses.

Q: Can you help if I have just become self-employed?

Yes . We can help you understand what records to keep, what deadlines apply and how to manage your tax responsibilities from the start.

Q: Can you help if my records are messy or behind?

Yes . We can help review your records, bring your accounts up to date and create a clearer process moving forward.

Q: Do you offer fixed fees?

Yes . Wherever possible, we agree fixed upfront fees before work begins, so you know exactly what to expect.

Q: Can you advise if I should become a limited company?

Yes . If your business is growing, we can explain the potential benefits and responsibilities of moving from sole trader to limited company.

From income and expense records to Self Assessment tax returns and tax planning, Liston Accountants provides clear, fixed-fee support for sole traders across Cambridge and Cambridgeshire.

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Sole trader accounting made straightforward

Running your own business as a sole trader gives you flexibility, but it also comes with important accounting and tax responsibilities.

At Liston Accountants, we help sole traders keep clear records, understand their tax position and stay ahead of key deadlines. Our support is designed to make your accounts easier to manage, with practical advice and clear explanations at every stage.

Whether you are newly self-employed or have been trading for years, we can help you stay organised, compliant and confident.

Who we support

We provide accounting and tax support for a wide range of sole traders across Cambridge and Cambridgeshire, including:

Newly self-employed individuals

Guidance on what records to keep, when to register and how to stay on top of your tax responsibilities.

Freelancers and contractors

Practical support with income, expenses, tax returns and planning ahead for future payments.

Local trades and service providers

Clear accounting support for sole traders working across a range of industries and sectors.

Landlords with self-employed income

Support where your income comes from more than one source, including property and trading income.

Sole traders with growing businesses

Advice as your income grows, your responsibilities change or you start thinking about becoming a limited company.

Sole traders needing help with overdue records

Support getting your accounts back on track if records, tax returns or deadlines have fallen behind.

How we can help

Self Assessment tax returns

We prepare and submit Self Assessment tax returns, helping you report your income accurately and meet HMRC deadlines.

Income and expense records

We help you keep clear records of your business income and allowable expenses, making tax returns easier to manage.

Accounts preparation

We prepare sole trader accounts so you can understand your profit, tax position and financial performance.

Tax planning

We help you plan ahead for future tax payments, reducing uncertainty and avoiding last-minute surprises.

Bookkeeping support

We can support you with bookkeeping and record-keeping, helping you stay organised throughout the year.

Advice as your business grows

As your business develops, we can advise on your options, including whether a limited company structure may be worth considering.

Why choose Liston Accountants for sole trader support?

Fixed upfront fees

We agree fees clearly in advance wherever possible, so you know what to expect.

Clear explanations

We explain your tax position in plain English, helping you understand what needs to be done and why.

Personal service

We take the time to understand your work, income and circumstances, so the advice you receive feels relevant.

Support beyond year-end

We can help throughout the year with bookkeeping, tax planning and practical accounting advice.

How it works

Get in touch

Call or email us to tell us about your work and the support you need.

We review your circumstances

We’ll ask about your income, expenses, records and any upcoming deadlines.

We agree fees upfront

Before work begins, we’ll confirm the scope of support and agree fees clearly.

We prepare your accounts and tax return

We’ll prepare the required figures, explain your tax position and submit your return once approved.

We help you plan ahead

Where useful, we’ll highlight future payments, deadlines and steps that could make your accounts easier to manage.

Sole trader FAQs

A few helpful answers about our sole trader services for clients across Cambridge and Cambridgeshire.

Do I need to complete a Self Assessment tax return?

Yes, if you are self-employed as a sole trader, you will usually need to complete a Self Assessment tax return to report your income and expenses.

Can you help if I have just become self-employed?

Yes. We can help you understand what records to keep, what deadlines apply and how to manage your tax responsibilities from the start.

What expenses can I claim as a sole trader?

Allowable expenses depend on your business and circumstances. We can help you understand which costs may be claimed and how to keep suitable records.

Can you help if my records are messy or behind?

Yes. We can help review your records, bring your accounts up to date and create a clearer process moving forward.

Do you offer fixed fees?

Yes. Wherever possible, we agree fixed upfront fees before work begins, so you know exactly what to expect.

Can you advise if I should become a limited company?

Yes. If your business is growing, we can explain the potential benefits and responsibilities of moving from sole trader to limited company.