Sole Trader Tax Return Services in the UK

As a sole trader, managing your tax return can be a daunting and time-consuming task. At Jermyn & Co, we provide expert support to ensure your self-assessment tax return is prepared accurately, submitted on time, and optimised to reduce your tax liability.

Whether you’re new to self-employment or an experienced sole trader, our tailored services take the stress out of tax compliance, so you can focus on growing your business.

Why Jermyn & Co?

Why Choose Jermyn & Co for Sole Trader Tax Returns?

At Jermyn & Co, we understand the unique challenges faced by sole traders. Our personalised services are designed to:

  • Save You Time – Let us handle the complexities of tax filing while you concentrate on your business.
  • Minimise Your Tax Liability – Claim all eligible expenses and reliefs to reduce the amount you owe.
  • Avoid Penalties – Ensure your tax return is accurate and submitted before HMRC’s deadline.
  • Provide Expert Advice – Receive guidance tailored to your business and financial goals.

Our dedicated team ensures that your tax return is completed efficiently and in compliance with HMRC regulations.

Self-Assessment Tax Return

Expense Claim Optimisation

Tax Planning for Sole Traders

Support with HMRC Enquiries

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What Can Sole Traders Claim on Their Tax Return?

As a sole trader, you can deduct many business-related expenses to reduce your taxable profit. Common allowable expenses include:

  • Rent for business premises or a home office.
  • Travel and mileage costs for business purposes.
  • Equipment, tools, and supplies required for your work.
  • Marketing, advertising, and website costs.
  • Professional fees, such as accountancy services.
  • Training courses directly related to your business.

We’ll help you identify all eligible expenses to minimise your tax bill.

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What our clients say about their experience with us

I recently needed a remorgage to set up a new business. a friend recommended Karl. He advised my business with the right stucture, helped me with morgage very quickly. reliable service!


Ashley Wang via Google

Very personable attention from staff. I value the advice from, frank discussions with, Karl


Matt Langley via Google

Jermyn &Co are a friendly and helpful firm. Always accessible and willing to help.


Mark Cozens via Google

I have been a customer for a number of years and am a very small company in terms of turnover. The service and guidance I have received over the years from the staff especially Karl has been fantastic! I am always late getting my books in but they always turn them around in double quick […]


Nicky via Google

I have been a customer of Karl for some years now and have always found him and his team approachable, professional and friendly. All my questions and accounting issues are answered and dealt with quickly and he is always happy to help in anyway. I couldn’t recommend them enough.


Sue Hull via Google

Brilliant and professional service from Karl and his team. Always ready to help with any questions and supported us through running our business and helping us to sell when we retired.


Alison Maskrey via Google

Definitely worth 5 stars. Would highly recommend.Extremely helpful with both my personal and business accounts.


Willewhar via Google

Karl and his team have done our accounts for quite a few years now.We have always been happy with them and any queries we have are answered promptly.Highly recommend.


Amanda McFarlane via Google

Very good and reliable accountants , fast response and always there to help .Been using Karl Jermyn for more than 5 years and not planning to change soon .


Selena Andone via Google

They offer an excellent, personal, down to earth, great value service. Always there when needed. Would highly recommend.


Andrew R Heaford via Google

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Frequently Asked Questions about Sole Trader Tax returns

Yes, sole traders must submit a self-assessment tax return annually to report their income and expenses to HMRC.

The deadline for online submissions is 31 January following the end of the tax year. For paper returns, the deadline is 31 October.

You should keep records of all income, expenses, receipts, and invoices related to your business for at least six years. We can help you organise and maintain these records.

Yes, you can carry forward trading losses to offset against future profits, reducing your tax liability. We’ll guide you through the process.

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.

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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:

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

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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

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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

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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

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Jermyn & Co

How We Help Sole Traders Succeed

At Jermyn & Co, we’re more than just accountants – we’re partners in your success. Our tailored tax return services help you manage your finances, minimise your tax obligations, and ensure compliance with HMRC.

Whether you’re a start-up or an established sole trader, our expertise ensures your tax affairs are in order, leaving you free to focus on growing your business.

Ready to Simplify Your Tax Return?

Talk To Us

Schedule a free consultation to discuss your tax return needs.

Prepare and Review

We’ll gather your records, prepare your return, and review it for accuracy.

Submit with Confidence

File your return on time with the assurance of expert support.