SOLE TRADER ACCOUNTS AND PARTNERSHIP ACCOUNTS
Preparation of annual accounts for your sole trader or partnership business. These accounts will be required for your self-assessment tax returns and will consist of either a receipts and payment account and statement of assets and liabilities if prepared on a cash basis or a profit and loss account and balance sheet if prepared on an accruals basis. Your amounts of profit that are taxable or subject to national insurance contributions will be assessed as will any capital allowances available to you.