ACCOUNTING FOR SOLE TRADERS

Hassle-Free Accounting for Sole Traders

Worry Free Accounting For Sole Traders

As a sole trader or a self employed, worrying about accounting and taxes is something that can seem daunting and at times very time consuming. Our affordable and hassle-free "Accounting For Sole Traders" package ensures that all your accounting and tax compliance is done on time without needing a lot of time from you.

Accounting For Sole Traders

  • Initial Meeting
  • Business Setup Advice
  • Business Accounting
  • Annual Financial Statements
  • Unlimited Email and Phone Support
  • GST Returns
  • Business / Company Income Tax Return
  • Individual Tax Return(s)
  • Annual Tax Planning
  • Tax Payment Reminders

Sole Trader Set Up & Advice

  • What structure is best suited to your situation
  • Whether you need to register a company or not
  • Whether you need to register for GST or not
  • What basis should you register for GST on
  • What the pros and cons of each GST registration periods on offer
  • How to create tax law compliant contractor invoices
  • How to correctly calculate GST on your invoices
  • How to correctly calculate withholding / schedular tax on your invoices
  • Do you need to have professional indemnity insurance in your industry
  • How and what accounting records to keep and for how long

Sole Trader Tax Returns

  • Prepare and file GST Returns and Business and Personal Income Tax Returns on your behalf
  • Advise you of your tax obligations and tax due dates
  • Regular reminders on provision of GST and accounting information
  • Reminders on Provisional Tax and Terminal Tax due dates and amounts
  • Ensure that everything is filed on time so you avoid costly and unnecessary IRD penalties and interest.

Accountants for Sole Trader

  • Provide guidance on a comprehensive list of claimable expenses (dependent on your industry) that you need to be aware of and keep details of
  • Provide correct guidance on home office, vehicle usage, entertainment and travel related expenses
  • Discuss the best way to save for tax and how best to structure your bank accounts based on your situation
  • Workout what percentage to save for GST and Income Tax so there is no or minimal shortfall at the end of the financial year and to avoid IRD penalties and interest
  • Explain how provisional and terminal tax works 
  • Workout your student loan and Kiwisaver obligations
  • Explain how owners' drawings works and how to best structure it to suit your situation
  • Make it easy and hassle-free for you to give us accounting information to prepare GST and end of year accounts and tax returns for you.

Our Difference

ACCOUNTING FOR SOLE TRADER SPECIALISTS

With so many sole traders on our books, we are specialists in accounting for sole traders. We know the game and ensure that we claim everything possible to keep your taxes low.

AFFORDABLE FIXED FEES

We always give you our fees upfront so you know how much our service will cost. Whilst our service level is of the highest quality, our fees are affordable & competitive. Knowing what it will cost gives our clients peace of mind.

SIMPLE & EASY TO UNDERSTAND

We have mastered the art of explaining things in non accounting speak. Proper understanding is the key to making the right decisions. Let us help you get to know your position so you can make informed decisions.

AMAZING SERVICE

We care about our providing an excellent service to our clients. We are here for you when you need us. We aren’t punching the time-clock every time we have a conversation. Let's work together to achieve a successful outcome.

Need An Accountant For Your Sole Trader Business?

Contact us below or

0800 115 188

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