Accounting Services for Skilled Trades
Running a skilled trade business requires juggling hands-on work with financial management, from tracking expenses and managing invoices to staying on top of tax compliance. At Jermyn & Co, we specialise in providing tailored accounting services for tradesmen, including carpenters, electricians, plumbers, motor mechanics, and driving instructors.
Our expert team helps you streamline your finances, reduce your tax burden, and ensure compliance with HMRC, so you can focus on delivering excellent services to your clients.
Why Jermyn & Co?
Why Choose Jermyn & Co for Skilled Trades Accounting?
At Jermyn & Co, we understand the unique challenges faced by skilled tradespeople. Our services are designed to:
- Save You Time – Free up your schedule by letting us handle your bookkeeping and tax compliance.
- Reduce Your Tax Bill – Maximise allowances and claimable expenses to minimise liabilities.
- Provide Financial Clarity – Gain insights into your income, expenses, and profitability.
- Support Your Growth – Receive strategic advice for scaling your business.
Whether you’re self-employed or running a team of contractors, our tailored approach ensures your financial needs are met efficiently and professionally.
Tax Savings
Time Savings
Compliance Confidence
Growth Support


Jermyn & Co
Explore Our Core Services for Skilled Trades
We offer a wide range of accounting services tailored to tradesmen and skilled professionals:
1. Bookkeeping and Expense Management
Tracking income and expenses is crucial for managing a successful trade business. We help you:
- Record income from jobs and projects.
- Track claimable expenses, such as tools, materials, and fuel costs.
- Organise receipts and invoices to ensure accurate financial records.
2. Self-Assessment and Tax Returns
For self-employed tradespeople, we ensure your tax return is accurate and compliant. Our services include:
- Calculating and claiming allowable expenses, such as travel and equipment costs.
- Ensuring you meet deadlines to avoid penalties.
- Advising on tax reliefs and allowances to optimise your tax position.

3. VAT Registration and Compliance
If your turnover exceeds the VAT threshold (£85,000), we help you:
- Register for VAT and choose the right scheme for your business, such as the Flat Rate Scheme.
- Calculate and file VAT returns accurately and on time.
- Manage VAT on tools, equipment, and materials.
4. Payroll and Subcontractor Management
If you employ staff or work with subcontractors, we provide:
- Payroll services, including wage calculations, National Insurance contributions, and pensions.
- Support with the Construction Industry Scheme (CIS) for trades in the building sector.
- Ensuring compliance with HMRC regulations for contractors and employees.

5. Cash Flow Management and Financial Reporting
Maintaining cash flow is vital for skilled tradespeople. We assist with:
- Cash flow forecasting to ensure you can cover expenses during quieter periods.
- Financial reporting to track job profitability and identify growth opportunities.
- Budgeting to manage project costs and future investments.
6. Business Advisory and Growth Support
Looking to expand your business or take on bigger projects? We offer:
- Strategic planning to grow your client base and income sustainably.
- Advice on financing for new equipment or vehicles.
- Guidance on structuring your business, whether as a sole trader, partnership, or limited company.
Jermyn & Co
What our clients say about their experience with us
Jermyn & Co
Frequently Asked Questions about Tax for Skilled Workers
You must register for VAT if your turnover exceeds £85,000. Even if it doesn’t, voluntary registration can be beneficial in some cases. We’ll advise on the best option for your business.
Yes, we provide full support for managing subcontractors under the Construction Industry Scheme (CIS), including deductions, filing, and compliance with HMRC.
The decision depends on your income, liability concerns, and growth plans. We’ll provide advice to help you choose the best structure for your business.
Tradespeople can claim a variety of expenses, including tools and equipment, work clothing, travel costs, training, and vehicle expenses. We’ll ensure all eligible deductions are included.
Our Accountancy Services
We offer a range of services to help you manage your finances and grow your business.

Why Jermyn & Co?
Why Choose Jermyn & Co for Your Accounts?
At Jermyn & Co, we’re more than just accountants – we’re your partners in success. Our accountancy services are designed to help you:
- Stay Compliant – Ensure your financial records meet HMRC and Companies House requirements.
- Save Time – Let us handle the numbers while you focus on growing your business.
- Improve Efficiency – Streamline processes and reduce errors with expert support.
- Plan for Growth – Use actionable insights to guide your financial decisions and achieve your goals.
With our proactive approach, you’ll gain the confidence and clarity you need to succeed.

Why Jermyn & Co?
Why Choose Jermyn & Co for Business Tax?
Tax legislation in the UK can be complex and ever-changing, but with Jermyn & Co by your side, you’ll have access to expert advice and practical solutions.
Our services include:
- Strategic Tax Planning – Helping your business plan effectively to reduce your overall tax liabilities.
- Corporation Tax Filing – Ensuring accurate and timely submissions to HMRC.
- VAT Compliance – Assisting with VAT registrations, returns, and managing thresholds.
- R&D Tax Credits – Maximising available credits for your innovation and development projects.
- Self-Assessment Support – Tailored assistance for self-employed individuals or partnerships.
With our expertise, you can focus on running your business while we handle the numbers. We’re committed to helping you stay ahead of deadlines and legislation changes.
Corporation Tax Compliance
VAT Services
R&D Tax Credits
Tax Planning and Advisory

Why Jermyn & Co?
Why Choose Jermyn & Co for Personal Tax?
At Jermyn & Co, we understand that everyone’s financial situation is unique. Our personal tax services are designed to help you:
- Optimise Tax Efficiency – Leverage allowances, reliefs, and deductions to minimise your tax liability.
- Ensure Compliance – Stay on top of filing deadlines and HMRC requirements to avoid penalties.
- Plan for the Future – Align your tax strategy with your long-term financial goals.
- Simplify Tax Complexity – Let us handle the details so you can focus on what matters most.
From simple tax returns to complex financial arrangements, we provide expert advice and support tailored to your needs.
Proactive Tax Planning
Expert Guidance
Tailored Solutions
Stress-Free Compliance

Why Jermyn & Co?
Why Choose Jermyn & Co for Corporate Finance?
At Jermyn & Co, we understand that every business is unique. Our experienced team offers a personalised approach to corporate finance, helping you:
- Secure Financing – Access the funding you need for expansion, acquisitions, or working capital.
- Plan for Growth – Develop tailored financial strategies to achieve your business objectives.
- Manage Mergers & Acquisitions – Navigate complex transactions with confidence, from valuations to negotiations.
- Optimise Financial Performance – Streamline processes, reduce costs, and maximise profitability.
Whether you’re a start-up seeking investment or an established business exploring new opportunities, we’ll provide the expert guidance you need to succeed.
Business Valuations
Mergers & Acquisitions (M&A)
Fundraising & Investment
Financial Modelling
& Forecasting

Why Jermyn & Co?
Why Choose Jermyn & Co for HR Services?
At Jermyn & Co, we understand that every business is unique, and so are its HR needs. Our tailored HR services help you:
- Stay Compliant – Meet the latest UK employment laws and regulations with ease.
- Save Time and Resources – Let us handle the admin while you focus on growing your business.
- Engage Your Team – Build a positive, productive workplace with our employee engagement solutions.
- Grow with Confidence – Ensure your HR strategy aligns with your long-term business objectives.
Whether you need ongoing HR support or help with a specific issue, our experienced team is here to assist.
Payroll Management
HR Compliance
Employee Engagement & Retention
Training & Development

Why Jermyn & Co?
We offer tailored accounting services to various sectors through Norfolk & Suffolk.

Jermyn & Co
How We Help Skilled Trades Succeed
At Jermyn & Co, we provide more than just accounting services – we deliver strategic support to help skilled tradespeople manage their finances and grow their businesses. From accurate bookkeeping to tailored tax advice, our proactive approach ensures you stay on top of your financial obligations while focusing on your trade.
Ready to Take Control of Your Finances?
Talk To Us
Schedule a free consultation to discuss your accounting needs.
Plan and Implement
We’ll create a customised financial strategy for your trade business.
Achieve Results
Enjoy accurate, compliant, and stress-free financial management.
Related services offered
at Jermyn & Co
