Experienced Accountant for Self-Employed, Freelancer, Contractor & Sole Trader
Managing finances as a self-employed professional can be complex, with income tax obligations, fluctuating income, and allowable expenses that require careful attention. Self-employed individuals need more than just basic accounting – they need a trusted advisor who understands their unique freelance financial needs.
At MH Services, we offer affordable, specialized accounting for self-employed professionals. Whether you’re a freelancer, limited company or contractor, we provide the support you need to manage cash flow, claim eligible deductions, and make confident financial decisions every tax year.
Client-Focused & Expert Accounting for Record Keeping
Self-Assessment Tax Return
Navigating self-assessment tax returns doesn’t have to be daunting. Our team handles the entire process, identifying all eligible deductions to minimize tax liability. With us, you can be confident that your taxes are filed accurately, on time, leaving you to focus on growing your business.
Friendly & Affordable Bookkeeping
Stay on top of your finances with our friendly bookkeeping services; contact us for more information. We manage day-to-day records, track income and expenses, and provide a clear view of your financial position, ensuring your books are always up-to-date and ready for tax season.
Quick On-Time Tax Submissions
Avoid the stress of last-minute tax deadlines with our reliable tax submission service. We ensure your returns are filed promptly, helping you avoid penalties and stay in good standing with HMRC – so you can focus on what you do best, running your construction industry business plan.
Accounting Services with Quick Turnover for Self Employed
=> Tax Return for self-employed from £199/year
Filing tax returns doesn’t have to be stressful. Our accounting firm specializes in tax returns for self-employment, ensuring you claim every eligible deduction and maximize your tax refund.
With our knowledge of fluctuating income and industry-specific expenses, we ensure your taxes are accurate and timely. Let us handle the details, reducing the tax you owe and giving you peace of mind.
Benefits of working with us:
- – Maximized tax reliefs tailored for self-employed professionals
- – Timely, accurate filing to avoid penalties
- – In-depth understanding of self-employment tax rules
- – Smooth handling of variable income sources
=> Self Assessment for self employed from £149
Self-assessment be tricky for the self-employed, especially with varying incomes and expenses. We take care of the entire self-assessment process, optimizing your finances from start to finish.
Our team identifies all allowable expenses, reduces your tax liability, and submits everything to HMRC on your behalf, so you can focus on your work.
Benefits of working with us:
- – Timely filing to avoid penalties
- – Expert identification of self-employment expenses
- – Stress-free submission and HMRC communication
- – Comprehensive management of your income and expense
=> Bookkeeping for self employed from £299/year
Our bookkeeping services for the self-employed make staying on top of finances simple. With tailored solutions to manage your income, expenses, and records, we keep everything accurate and organized, helping you make informed decisions and avoid last-minute stress before tax deadlines.
Get in touch with us today for a FREE consultation! We are a team of friendly accountants who genuinely care about helping your small business thrive, offering expert advice tailored to your unique needs.
Benefits of working with us:
- – Real-time tracking of income and expenses
- – Easy tax preparation with no last-minute stress
- – Clear insights into your finances for better decisions
- – Simplified record-keeping that supports tax filings
=> Payroll for self employed from £229/year
Handling payroll as a self-employed business owner with staff? Our payroll services ensure everyone is paid accurately and on time, so you don’t have to worry.
We handle PAYE, National Insurance, and pension contributions efficiently, giving you the freedom to focus on your business.
Benefits of working with us:
- – Timely, accurate payments for all employees
- – Simple payroll management for businesses of any size
- – Accurate processing of PAYE, NI, and pensions
- – Full compliance with UK employment laws, including national insurance contributions
=> VAT Registration for self-employed from £99
If you’ve reached the VAT threshold or are considering voluntary registration, we’re here to make the process simple and stress-free. We’ll guide you through every step of VAT registration, ensuring all documentation is accurate and submitted on time.
Once registered, we’ll take care of your ongoing VAT returns, ensuring you remain fully compliant with HMRC requirements. Our team will help you choose the most suitable VAT scheme for your business whether it’s the Standard Rate, Flat Rate, or another option tailored to maximize tax efficiency and support your financial goals.
Benefits of working with us:
- – Expert advice on VAT registration timing
- – Stress-free VAT setup to assure compliance at the end of tax year
- – Tailored VAT strategies for tax efficiency
- – Ongoing management of VAT returns and deadlines
Read Our Positive Client Reviews
Mike has been our dedicated accountant in Manchester for 10 years. Answers any question, super reliable & efficient as well as genuinely friendly payroll service. Highly recommended for tax efficiency to any sole trader.
The bookkeeping services we received are fantastic. We had some issues in the past and needed help as my limited company has grown. Very patient & responsive accountants & client managers. Recommend their services
Mike has done wonders and sorted our bank account, payroll and I wanted to let you know I really appreciate all you’ve done at such short notice. Everything is up to date and I received the best accounting services in Manchester and a client manager.
If you need to grow and need a high level of service, I can strongly recommend using MH Services for accounting needs to subcontractors. Great accountancy, tax planning. All HMRC refunds are taken care of for such a low fee.
Mike has been sorting out my accounts for some years now; his accounting expertise and knowledge of the tourism industry are incredible. Highly recommend for accountancy service registered in England.
I’m a small business owner and have worked with Mike’s tax advisors in central London for many years. He’s been extremely helpful, easy to work with and flexible. Recommended for making tax digital and accounting records.
I’ve been using MHS for a few years now. Helpful and always at the end of the phone for catch-ups. Recommending for sole traders that own business and have various business needs and complex tax.
Mike has been my local London accountant for over 10 years and I have referred many of my friends and colleagues to him. He is an expert accountant for running a small business with reliable services.
High-class taxation assistance with a down-to-earth approach. I’ve always found Mike to be an incredibly knowledgeable, helpful and professional accountant near me for running a business. Would highly recommend him.
Accountancy Enquiry, Advice & FAQs
Do I need an accountant if I am self-employed?
While it’s not a legal requirement to have an accountant if you’re self-employed, many self-employed individuals find it beneficial. An accountant can help manage your finances, track expenses, handle tax obligations, and ensure compliance with HMRC rules. This can save you time, reduce your tax liability, and prevent costly mistakes.
How much is an accountant for a self-employed person?
The cost for an accountant for a self-employed person in the UK varies depending on the services required. Basic services, such as annual self-assessment tax returns, may range from £150-£300, while more comprehensive support, including bookkeeping and ongoing advice, could cost between £500-£1,000 annually.
Is it worth getting an accountant for self assessment?
Yes, many find it worthwhile to hire an accountant for self-assessment. An accountant can ensure accurate filing, help maximize allowable expenses and deductions, and provide peace of mind that everything is submitted correctly and on time. This often saves money in the long run by reducing tax liabilities and avoiding potential HMRC penalties.
How much is an accountant for a small company?
For a small company in the UK, accountant fees typically start around £250 per year for basic services, such as annual accounts and tax returns. More comprehensive packages, which may include VAT returns, payroll, and financial advice, generally range from £500-£850 per year, depending on the size and complexity of the business.
What kind of bank account do I need for self-employed?
If you’re self-employed, it’s recommended to have a business bank account, although it’s not a legal requirement unless you’re a limited company. A dedicated business account makes it easier to separate personal and business expenses, manage cash flow, and simplify bookkeeping and tax reporting. Many UK banks offer business accounts tailored for sole traders and freelancers with features like expense tracking and invoicing.
If you need to complete a self-assessment tax return, get in touch today!
Imperial Court, 2 Exchange Quay, M5 3EB
25 Wilton Road, Victoria, SW1V 1LW
mhservices@mail.com
+44 7969 625797