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Sole Traders

Your finances sorted, simply

We take the tax stress off sole traders and freelancers — from Self Assessment returns to knowing when incorporating makes sense. Clear advice, no jargon.

Freelancer working at desk
Industry Challenges

The pressures you face

We understand these challenges because we work with businesses like yours every day.

The January tax bill catches people off guard

Without regular bookkeeping and forward-looking tax estimates, many sole traders only find out what they owe HMRC when the deadline is weeks away. We calculate your liability quarterly so there are never any nasty surprises.

Expense tracking is a constant chore

Keeping receipts, categorising costs, and knowing what's actually allowable against tax — the admin overhead of running your own books distracts you from the work that earns the money.

Growing beyond sole trader status is confusing

When does it make financial sense to incorporate? What are the real differences between sole trader and limited company tax? Most people don't have a clear answer — and end up either acting too late or too soon.

Making Tax Digital is coming for everyone

MTD for Income Tax is expanding — from April 2026 for sole traders with income over £50,000, and April 2027 for those over £30,000. If you're not already on compliant software, the transition needs planning — not last-minute scrambling.

Going self-employed is one of the most empowering decisions a person can make — and one of the most administratively demanding. Between tracking income and expenses, calculating tax payments on account, understanding what’s allowable and what isn’t, and keeping pace with MTD for Income Tax, the financial side of being a sole trader can feel like a second job. At Page Ivy, we handle that second job for you, so your headspace stays focused on the work that actually earns the money.

Our approach starts with getting you onto the right cloud accounting software — FreeAgent or Xero depending on your situation — and setting up a simple receipt capture workflow that takes the daily admin down to minutes rather than hours. From there, we produce quarterly tax estimates so you always know what’s sitting in your tax liability, and we make sure you’re claiming every allowable expense without overreaching into territory that could attract HMRC attention. Self Assessment returns are prepared, reviewed with you, and submitted well before the January deadline.

When your income reaches the point where incorporation starts to make sense, we model both scenarios honestly: real numbers, real comparisons, a clear recommendation. There’s no pressure to move to a limited company before the timing is right for you — but when it is right, we handle the transition seamlessly, including setting up payroll and advising on the most tax-efficient salary and dividend split for your circumstances.

Why Trust Page Ivy

Backed by real credentials

Certification

Xero Certified Advisor

Certified Xero advisors with deep expertise in cloud accounting. We help you get the most from your software.

Xero
Registration

ICO Registered

Registered with the Information Commissioner's Office. Your financial data is handled with the care and compliance it deserves.

Information Commissioner's Office
Experience

10+ years of hands-on experience

Over a decade of hands-on experience across industries, tax regimes, and business stages, from startup to scale-up.

Page Ivy leadership
FAQ

Common questions

Take the tax stress out of going it alone

One free conversation to review your situation — we'll tell you exactly what you owe, what you can claim, and what your next steps should be.