Rauf Accountants
0208 2002339
advice@raufaccountants.co.uk
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  • HOME
  • ABOUT US
  • WHY US
  • WHO WE HELP
  • SERVICES
    • Year End Accounts
    • Tax Return Services and Advice
    • Bookeeping Services
    • Payroll Services
    • Confirmation Statement
    • Company Formation
    • Outsource Accounting
  • OUR FEES
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  • CONTACT US
  • Accountants In North London
    Paying too much tax?
    Rauf helps you plan in advance and pay less
  • Small Accountancy Firms In London
    Are your current accountancy fees too high?
    Low prices - we can offer you 10% off of your first year’s fees
    Cost effective, convenient, rapid and secure
    No Surprises – We offer fixed fees
  • Accountancy Firms In North London
    Do you need someone to manage your payroll?
    Too much accounting work but not enough to employ bookkeeper?
    Look no - further, RAUF is your solution!
  • Small Accountancy Firms In London
    We will guide and assist you every step of the way
    You focus on your business, and we’ll take care of your accounting
    Qualified accounting staff available 7 days a week, 9am to 5pm

Sole Traders / Self Employed

The simplest way to start your business is as sole trader/self-employed. Rauf Accountants offer you comprehensive accounting package so you can focus on your business and make money. There are certain advantages and disadvantages of being a sole trader. Some of them are below.

Advantages:

  • You have complete control over the business and can take decision quickly in regards to every aspect of your business.
  • You will have competitive advantage as your business affairs are private and your competitors can see your financial information. Being an unincorporated business your accounts not made available to public.
  • When business grows you have option to incorporate your business as limited company
  • You can develop good business relationship with your customers and always have closer contact which means you can tailor your services quickly to meet your customer’s demands and expectations.

 Disadvantages: 

  • You are fully liable for any debts and contracts the business has. If your business fails you may end up losing your personal assets.
  • The banks may not lend you for the business as it is difficult to raise finance for sole trader business
  • You are perceived as a small business which may affect your growth.

Rauf Accountants offer complete accounting solutions for sole trader/self-employed at low monthly fee.

Need Help For Your Business

Contact with Us

Our Services

Year End Accounts
Tax Returns
Bookkeeping
VAT returns
Payroll
Company Formation
Outsource Accounting
Management Accounts
Cashflow Forecasts
Confirmation Statement
Business Plans

Who We Help

Start Ups
Sole Traders / Self Employed
Partnership
Limited Companies
Contractors
Landlords
CIS Contractors

Contact us

Kingsbury House
468 Church Lane
London
NW9 8UA
Tel: 0208 2002339
Email : london@raufaccountants.co.uk

About us

Registered member of the Association of Chartered Certified Accountants
© 2015-2020 Rauf Accountants Ltd. All Rights Reserved.