Brease Accounting
  • Home
  • Pricing
  • How it works
  • Instant Quote
  • FAQs
  • Contact
Select Page
Do I Need a Business Bank Account as a Sole Trader?

Do I Need a Business Bank Account as a Sole Trader?

by Kate | 25 Aug, 2026 | Bookkeeping, Business Basics, Making Tax Digital, Self Assessment, Sole Trader Guides, Sole Trader Support, Starting & Running a Business

When you start working for yourself, there are plenty of decisions to make.  One question that often comes up is whether you need a separate business bank account, or whether you can continue using your personal account.  For most sole traders, the answer is...
Starting as a Sole Trader: What Do I Need to Do? 

Starting as a Sole Trader: What Do I Need to Do? 

by Kate | 21 Aug, 2026 | Bookkeeping, Making Tax Digital, Self Assessment, Sole Trader Guides, Sole Trader Support, Starting & Running a Business

Starting your own business can feel exciting. Then come the questions.  Do I need to tell HMRC? When do I start paying tax? What records am I supposed to keep? Do I need a business bank account?  If you have started working for yourself, getting a few things organised...
Do Sole Traders Need an Accountant?

Do Sole Traders Need an Accountant?

by Kate | 18 Aug, 2026 | Bookkeeping, Sole Trader Guides, Sole Trader Support, Starting & Running a Business

When you start working for yourself, managing your own accounts can feel like part of running the business. You send your invoices, keep your receipts and deal with your tax return when the time comes. But as your business gets busier, there may come a point when...
Missed MTD? HMRC Could Sign You Up From September

Missed MTD? HMRC Could Sign You Up From September

by Kate | 14 Aug, 2026 | Bookkeeping, HMRC, Making Tax Digital, Sole Trader Guides, Sole Trader Support

If you’re a sole trader who should already be using Making Tax Digital for Income Tax but haven’t signed up, there’s an important change coming. From September 2026, HMRC plans to start automatically signing up people it believes should already be within MTD. That’s...
What Happens After Your Quarterly Update?

What Happens After Your Quarterly Update?

by Kate | 11 Aug, 2026 | Bookkeeping, Making Tax Digital, Sole Trader Guides, Sole Trader Support, Tax

Your MTD update has been submitted. So, what happens next?  If you have sent your first Making Tax Digital quarterly update, you might be wondering whether there is anything else you need to do.  The good news is that there is no separate tax return to complete after...
Why Monthly Bookkeeping Matters

Why Monthly Bookkeeping Matters

by Kate | 7 Aug, 2026 | Bookkeeping, Making Tax Digital, Sole Trader Guides

Let’s be honest, most sole traders don’t enjoy bookkeeping.  That means it often gets left until the weekend, the end of the month, or when a tax deadline starts getting close.  The biggest problem is that bookkeeping doesn’t become easier the longer you...
« Older Entries
Next Entries »

Recent Posts

  • When Do Sole Traders Pay Tax? January, July & Payments on Account
  • Turnover vs Profit: What’s the Difference for a Sole Trader?
  • First Self Assessment as a Sole Trader: How to Register
  • Do I Need to Register for VAT as a Sole Trader?
  • What Records Do I Need to Keep as a Sole Trader?

Recent Comments

No comments to show.
  • Facebook
  • Instagram
© 2026 Brease Accounting LTD. All Rights Reserved | Terms | Privacy | Guides