Sole traders' tax services

EvoTax services for sole traders

EvoTax helps sole traders navigate the ever-changing taxing environment with customizable accounting services, tax and business advice. Let us help you stay organized with your receipts, so that tax filing at the end of the year be a breeze!

A sole trader is a self-employed individual who owns and runs their own business and their business isn’t a separate legal entity to its owner. Although setting up as sole trader is the easiest business to set up, there are several challenges sole traders face.

Bookkeeping and tax returns can be a nightmare. It is tragic if you do not take control of your situation and let the nightmare take the best of you. For us, it is a regular occurrence, unfortunately. We see self-employed people contact us year after year, a few days before their tax returns and demand lower taxes and efficient services.

Unfortunately, things aren’t as easy as they seem. If you have not been on top of your bookkeeping and left everything for the last minute, you’re in for a roller coaster of a ride.

It doesn’t have to be this way, however. Gone are the days when you were taking care of receipts in a shoebox. Today with efficient softwares, you can literally take a snapshot of your receipts and invoices and let us deal with the rest.

We will ensure all your bookkeeping is up to date throughout the year, and come year-end, your tax returns will be a breeze.

As we will have accurate records of your bookkeeping, this will also help in reducing your tax as much as possible.

Setting up

Sole traders must register with HMRC, may wish to register their business names. EvoTax assists you with all your administrative requirements.

Tax Filing

HMRC requires sole traders to file taxes based on self-assessment system. EvoTax helps you navigate income tax and National Insurance contributions (NICs).


XERO bookkeeping software makes it easy to log invoices, receipts and expenses.

Get in touch for a free consultation

Articles dedicated to sole traders

Most Popular Stories

seiss 5th grant
Bilal Khalid

How to claim £7,500 in SEISS grant money?

HMRC aims to support self-employed individuals, including business partnerships, whose income has been dwindling due to Covid-19 through the Self-employment Income Support Scheme. The current, fifth and last SEISS grant is worth up to £7,500.

Read More »
how to startup digital agAency
Business advice
Bilal Khalid

Business planning: How to plan and set up a new digital marketing agency

Any business that starts today is not complete without an online presence. There are billions of people surfing the internet every day, and for any business, this would prove to be a gold mine if they conduct their digital marketing correctly.

Big brands that once dominated the high streets have slowly started closing their high street shops and setting up shop online. As a result, the experience we once had of high streets is no longer the same. Most of the time, you will find shops with a very small range of items, while their online stores would be fully stocked.

This trend is not only seen in the clothing industry, but in any industry, you can think of. For some service industries, you may need to be physically present, for example, a car wash, a barbershop, a beauty salon, or a cobbler. However, without them having some sort of presence online, there is a high probability that they will struggle. A business will go over to their competition who are present online and invests actively in their digital marketing.

Read More »
how to startup online fitness coaching
Business advice
Bilal Khalid

Business planning: How to plan and set up a new online fitness business

The nationwide lockdown caused by COVID-19 impacted most businesses; the fitness industry was probably one of the last to open. About a year of closure forced this industry to rethink its business strategy, from physical gyms to a more virtual one.
We have created a step-by-step guide of how you can plan and set up your online fitness business. You can use this as a guide to help you step foot in the right direction.

Read More »
business funding planning
Business advice
Bilal Khalid

Business planning: How to fund a startup

You can not start and run a business without funding. It is advisable to start planning business funding at the very beginning to avoid uncomfortable surprises. In most cases, you will be injecting money into the business for a few months without seeing any revenue.

In this article, we are going to explore different avenues to get you started, to help you create an action plan for your business.

Read More »