soletrader | HM Accounting

Bookkeeping Tips for Sole Proprietors

1. Keep an accurate record of revenue and expenses You can draw up these records by way of a simple spreadsheet based on your invoices...

Small Business Workbook

Download below, your excel spreadsheet to be used for your small business record keeping. This workbook is intended for sole proprietors,...

Sole Trader - Documents required

The following checklist consists of documents that HM Accounting requires in order to complete your individual sole prop tax return. This...

Paying yourself as a Business owner

The difference between a hobby and a business... a hobby will cost you money and a business will pay you 💸 Wondering how to pay yourself...

Business Basics: How do I calculated my Taxable Income?

In this blog post we look at what is considered taxable income for a sole trader or partnership that would need to be included in your...

Business Set Up - The Sole Proprietor

The golden oldie of business set-ups. In this post, we take you through the most important elements of setting up as a sole proprietor in...