Xero Certified Bookkeepers and Advisors
Accountants For Self Employed
Simplify your tax returns with expert guidance from our qualified advisors. We handle everything, so you can focus on your business.
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ACCA Certified
HMRC Authorised Agent
Our Partners
What We Offer
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Everyone who earns money in the UK must pay income tax, including businesses, contractors, and the self-employed. A person is self-employed if they run their business for themselves and take responsibility for its success or failure. Self-employed persons don’t have the employment rights and responsibilities of employees and they aren’t paid through PAYE. If you start working for yourself, you’re classed as a sole trader. This means you’re self-employed – even if you haven’t yet told HMRC.
There are five million self-employed people in the UK right now, contributing £305 billion to the national economy. There are plenty of reasons to go self-employed. Being self-employed you get to ‘be your own boss’ and work more flexibly. And depending on your industry, you may be able to command a much higher rate than the salary you’d be able to achieve as an employee.
If you’re self-employed, you’ll need to manage your own tax and file a return at the end of the tax year. The Office of Tax Simplification (OTS) has called for an urgent, digitally focused review of the self-employed tax system, calling it ‘too difficult to understand’. Until their suggestions are actioned, however, it’s worth getting on the front foot with your tax, as soon as you go self-employed.
How much tax you’ll pay as a self-employed person will depend on how much money you’ve made and the ‘allowable expenses’ you’ve incurred in the course of your business. Certain business-related expenses can be subtracted from your income when you’re calculating your taxable profit. The tax-free personal allowance and the tax bands are the same for self-employed and employed people.
Being self-employed when you are focusing on the increase and maintain the growth of your revenue, ZATRS as a professional accounting firm will take your burden of preparing and keeping books of accounts, handling tax matters, and other accountancy tasks. Why not call us today?
ZATRS ACCOUNTING offers three key services: tax return filing, one-time tax advice consultations, and access to a dedicated pay-as-you-go tax accountant. Here’s a comparison of each and what they provide.
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium/Large Business
(Monthly Package)
Services
Tax Return
(One Off Payment)
Small Business
(Monthly Package)
Medium to Large Business
(Monthly Package)
Personal accountant
Personal tax return support
Corporation tax return support
Support to save on your tax bill
Full payroll preparation
Quarterly VAT review & accurate VAT submission
Director self-assessment return
Dividend and expense advice
Free accounting software
Support in individual project contractor payment
Monthly P&L report
Support on yearly budget process
Free advice of tax planning for your business
Our Service
Managing taxes as a self-employed individual can be overwhelming, especially with the constant changes in tax laws and regulations. At ZATRS Accounting, we specialise in simplifying the self-assessment process, ensuring that you remain compliant while maximising your income. Let us handle the complexities of your tax returns, so you can focus on what you do best—running your business.
Service Overview
Our Self Employment Tax service is designed to make the tax process straightforward and stress-free. From preparing your self-assessment tax returns to calculating allowable expenses and deductions, we cover every detail with precision and care. Whether you’re a freelancer, sole trader, or a small business owner, our goal is to ensure that you only pay what you owe—no more, no less. We provide comprehensive support that includes guidance on quarterly payments, tracking expenses, and staying up-to-date with HMRC requirements.
Why Choose Us?
At ZATRS Accounting, we bring a wealth of experience and a personal touch to our services. Our team comprises highly qualified professionals with certifications such as CPAA, ACCA, and Xero Certified Bookkeepers and Advisors. We are dedicated to providing tailored advice that fits your unique circumstances, leveraging our deep understanding of self-employment tax laws to your advantage. Our client-focused approach means that we listen to your needs and adapt our services accordingly, providing flexible consultation options—be it over the phone, via video call, or in person at our Sittingbourne office.
We go beyond basic compliance, offering strategic tax planning that looks ahead, so you’re always prepared for what’s next. Our thorough, ethical approach ensures that no deduction is missed, and every opportunity to reduce your tax liability is explored.
How It Works
Initial Consultation: We begin with a complimentary consultation to get to know your business and tax situation. This allows us to assess the best approach to managing your self-employment taxes.
Personalised Tax Review: Our team conducts a detailed review of your income, expenses, and potential deductions. We ensure that all allowable expenses are claimed, reducing your tax liability and increasing your take-home pay.
Tax Filing and Compliance: We prepare and file your self-assessment tax returns accurately and on time, keeping you compliant with HMRC regulations. Our proactive reminders and support ensure you never miss a deadline.
Ongoing Support and Advice: Beyond filing, we provide ongoing support throughout the year. From answering your tax queries to advising on estimated payments, our team is always here to help you navigate your self-employment journey with confidence.
Client Success Stories
One of our self-employed clients, a freelance graphic designer, struggled with managing quarterly tax payments and understanding allowable expenses. After partnering with ZATRS Accounting, they found clarity in their financial management, saved significantly on taxes, and gained peace of mind knowing their filings were always on time and accurate. Our personalised service not only simplified their tax process but also provided them with valuable insights to improve their business’s financial health.
Getting Started With ZATRS
Are you ready to take the stress out of self-employment taxes? Book a free consultation with ZATRS Accounting today, and let us help you maximise your income while staying compliant. Our team of experts is here to guide you every step of the way, providing personalised support and expert advice tailored to your business needs. Click the button below to schedule your consultation and start your journey towards hassle-free tax management.
FAQs
We assist freelancers, sole traders, contractors, and small business owners across various industries.
Absolutely! We’ll guide you through the entire process, from registration to filing your first return.
We provide detailed advice on allowable expenses specific to your industry, ensuring you claim everything you’re entitled to.