How Much Should Sole Traders in Manchester Expect to Pay for Accounting?

If you're a sole trader running your business in Manchester, one key question you'll eventually face is: how much should I expect to pay for accounting services?

Hiring the right accountant can save you time, stress, and even money through smart tax planning.

In this article, we explain typical accountant fees for sole traders in Manchester, what services you should expect, and how YRF Accountants offers value-driven solutions to help your business thrive.

What Is the Average Cost for Sole Trader Accounting?

On average, sole traders in Manchester can expect to pay anywhere between £200 and £500 per year for basic accounting services such as:

• Annual self-assessment tax return filing
• Simple bookkeeping
• Basic tax advice

However, if you require more comprehensive services — like monthly management accounts, VAT registration, or specialist tax planning — the fees could range from £50 to £100 per month.

At YRF Accountants Manchester, we tailor packages based on the complexity of your business and your specific needs.

What Services Should Be Included for Sole Traders?

A quality accountant for sole traders should offer:

• Self-assessment tax return preparation and filing
  See our Self-Assessment Tax Return service for more details.
• Advice on allowable expenses
  (E.g., working from home costs, travel, equipment purchases)
• Bookkeeping support
  Either as a full service or guidance on software like Xero and QuickBooks.
• Business structure advice
  Helping you decide when it might be better to incorporate as a limited company.
• HMRC correspondence handling
  Giving you peace of mind if any tax queries or investigations arise.

Why Choose a Local Manchester Accountant?

Choosing a local Manchester accountant like YRF Accountants means you benefit from:

• Understanding of regional regulations and industries
• Flexible meeting options (face-to-face or online consultations)
• Quick response times and personal service

We're proud to support sole traders, freelancers, consultants, and microbusinesses across Manchester and Greater Manchester.

How to Get Started with YRF Accountants

We offer affordable, transparent packages with no hidden fees. Whether you're just starting out or you've been trading for years, we'll craft a package that's right for you.

Explore our full Accounting Services or learn more about how we help sole traders in Manchester.

Ready to Simplify Your Accounting?

Stop worrying about tax deadlines and compliance. Partner with YRF Accountants — Manchester's trusted advisors for sole traders.

Contact us today for a free initial consultation or call us on 01204 938696 to discuss your needs.