Sole Trader

SOLE TRADER ONLINE ACCOUNTING SOFTWARE

Embrace Sole Trading with Complete Support at Your Fingertips

Mount Sanford’s powerful software package offers direct access to an expert client manager and a Chartered Certified Accountant. Trust Mount Sanford to help you stay productive and drive profitability.

Why Software and Service
really works?

Efficiently Saving You Time and Money

Mount Sanford Supports You Every Step of the Way

We pioneered the Software and Service model, revolutionizing the world of accounting by providing everything you need in one seamless solution

We created Mount Sanford Free to empower professionals to grow their businesses without the burden of costly accounting software and accountancy fees

Mount Sanford's Software and Service model offers powerful features and tools, empowering you to take full control of your business finances

Maximize Your Tax Efficiency with Ease

Running a business as a Sole Trader is simple, but it might not be the most tax-efficient option. Mount Sanford provides expert guidance on setting up and managing a Limited Company for optimal efficiency.

Mount Sanford ensures you claim every eligible business expense to reduce your tax liability. Even your Mount Sanford accounting costs are tax-deductible

With a profit of £30,000 or more, starting your own Limited Company is likely to be more tax-efficient. Request a free Tax Computation from your expert advisor today.

MTD-ready

What is MTD?
HMRC’s Making Tax Digital (MTD) initiative aims to transition businesses from spreadsheets to digital tax filing, ensuring a more streamlined and efficient process for submitting returns to HMRC

We are fully compliant with MTD VAT and are preparing for MTD ITSA, which will transform the way Self Assessments are filed in the future

Saving you time and money

Who we help

We're here to happily support anyone who needs a hand with their accounting needs

Awards and credentials

Trusted small business accountancy for over
10,000+ clients across the UK.

10,000+

clients use Crunch for their accounting

81%

of our clients recommend us

15 Years

supporting small businesses

ACCA

Chartered Certified Accountants

What is a Sole Trader

Simple Setup

Starting as a Sole Trader in the UK is a straightforward three-step process:

Inform HMRC that you’re self-employed.
Register for Self-Assessment as a Sole Trader.
Choose a business name.

Once these steps are complete, you’re ready to start trading right away—there’s no need to register with Companies House.

Less administration

As a Sole Trader, you are required to maintain accurate records of sales and expenses. This approach is straightforward since you’ll only need to submit a Self Assessment (and possibly a VAT return).

Fewer costs

You won’t need to hire a solicitor or company formation agent. If you decide to use an accountant, their fees are often lower due to fewer statutory filings and reporting deadlines. Additionally, there is no registration fee to pay to Companies House.

More privacy

As a Sole Trader, you’re protected by HMRC’s taxpayer confidentiality rules. With your details kept private, competitors have less access to your information, making it harder for them to assess and compete with you.

Crunch.

Who we are

In 2007, entrepreneur Darren Fell had enough of the many shortfalls of traditional accountancy firms. So, he grabbed the bull by the horns and created a fairly priced, all-inclusive service for freelancers, contractors, and small businesses, bringing together easy-to-use online accounting software with in-house support when you need it.

Today we’re lucky enough to be in a position to help tens of thousands of people do the same.

Connect with a Mount Sanford advisor now.

If you find yourself uncertain about the level of support required, our approachable team is readily available to assist you in selecting the perfect package for your needs