Sole Trader or Partnership
Clark Howes has years of experience in working with Sole Traders and Partnerships. We have a dedicated SME team that specialises in providing accountancy services that are specific to these businesses.
We pride ourselves in strong customer service and building long term client relationships. From initial enquiry, we arrange a free face-to-face consultation to understand your business and accountancy needs. We then propose an accounting package that will provide the most efficient service.
Once agreeing your service needs, we then ensure that your individual business requirements are assigned to the member of the team with the most relevant experience who will become your point of contact and a familiar voice at the end of the line.
| Sole Traders | Partnerships & Limited Liability Partnerships | |
|---|---|---|
| Set up | Start immediately with little fuss or paperwork | Like-minded individuals work to a common goal. Easy to start or discontinue. LLP's are formed at Companies House. |
| Risks | You bear the full cost and risks | Partnership: Partners carry full liability LLP: Limited liability for partners |
| Tax | Tax is simple with rules for opening and closing tax years | Partners are taxed on their agreed share of profits under income tax law with specific rules for 1st and last years |
| Accounts | Straightforward, no filing required and do not become public information | Partnership accounts do not become public; LLPs file accounts at Companies House |
Contact your Local Specialist:
Aylesbury
Becci Allen, 01296 381011
Bicester
Chris Munro, 01869 322261