Bookkeeping for Sole Traders - Get started on the right foot.

Every big business starts small.

When you’re building a business with ambitions beyond where you are today, getting the foundations right from the beginning matters. That includes your bookkeeping.

You may start out doing your own books because it makes perfect commercial sense. But as your business grows, so does the complexity and the importance of knowing exactly what’s happening financially.

Accurate, up-to-date bookkeeping isn’t just about keeping HMRC happy. It gives you a clear picture of how your business is performing, helps you make confident decisions and gives you the financial foundations you need to grow.

That’s why we support ambitious business owners from the very beginning. We’ll help you learn the fundamentals, build good bookkeeping habits and put simple processes in place that work for your business now, while giving you a strong foundation for what comes next.

And as your business grows, our support can grow with you. Whether you continue managing your own books with the right guidance, need more hands-on support, or eventually decide it’s time to outsource, we’re here to help you at each stage.

Because your business might be small today. That doesn’t mean your ambitions are.

Our aim is to give you accurate numbers, practical support and the confidence to build the business you’ve got in your head.

Guide prices below are based on one income stream. Every business is different, so your price may vary depending on your individual requirements.

DIY services for sole traders
Making Tax Digital

Here's what you need to know about MTD for Income Tax, and how we can help.

Are you ready for MTD for Income Tax?

Making Tax Digital (MTD) for Income Tax is the UK government's plan to move the tax system online. It means many small business owners now need to keep digital records and submit updates to HMRC every quarter, alongside their annual tax return.

MTD isn't mandatory for everyone just yet. However, if your turnover exceeded £50,000 in the 2024/25 tax year, you'll need to sign up and submit your first quarterly return now.

The good news is that it doesn't have to be complicated. You can keep using a spreadsheet for your bookkeeping and use bridging software to submit your returns, or you can sign up to accounting software. If you're unfamiliar with using accounting software and have no prior bookkeeping experience, we'd always recommend using spreadsheets.

If you're on a budget, this is absolutely something you can learn to manage yourself, and we can show you how, step by step.

Or, if you'd rather take it off your plate, we offer a done-for-you service, including MTD-compatible software, so everything is handled for you.


MTD Readiness Checker
Free MTD Guide
MTD & Bookkeeping Packages — Momentum360
MTD & bookkeeping packages

Find the right level of support

Whichever way you'd like to handle Making Tax Digital, we've got a package to match, from doing your own quarterly reviews to us managing everything for you.

Select your annual turnover over the past year

What we need from you every quarter (DIY package)

  • For you to have done your Bookkeeping by the 10th day of the month following each MTD Quarter
  • For you to action all of our comments by the last day of the month following the MTD Quarter.

What we need from you every month (outsourced and Grow package)

  • Copies of all your purchase receipts, saved into a shared folder at least once a month (or more often if you want to be extra efficient)
  • Explanations of any unusual business expenses
Turnover: Below £90k
DIY MTD Updates
£65/month + VAT
Below £90k turnover
  • Quarterly review of accounting records (up to 20 transactions per month)
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
Outsourced MTD Updates
£90/month + VAT
Below £90k turnover
  • Monthly updating of accounting records (up to 20 transactions per month)
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
Grow
£190/month + VAT
Below £90k turnover
  • Monthly updating of accounting records (up to 50 transactions per month)
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
  • Monthly KPI reporting and profitability analysis
  • Monthly meetings to align your vision to your financials
  • All your finance questions answered (e.g. can I afford to hire?)
Turnover: £90k – £250k
DIY MTD Updates
£155/month + VAT
£90k – £250k turnover
  • Quarterly review of accounting records (up to 50 transactions per month)
  • Submission of quarterly MTD updates
  • Submission of quarterly VAT returns
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
Outsourced MTD Updates
£180/month + VAT
£90k – £250k turnover
  • Monthly updating of accounting records (up to 50 transactions per month)
  • Submission of quarterly VAT returns
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
Grow
£270/month + VAT
£90k – £250k turnover
  • Monthly updating of accounting records (up to 50 transactions per month)
  • Submission of quarterly VAT returns
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
  • Monthly KPI reporting and profitability analysis
  • Monthly meetings to align your vision to your financials
  • All your finance questions answered (e.g. can I afford to hire?)
Turnover: £250k – £500k
DIY MTD Updates
£205/month + VAT
£250k – £500k turnover
  • Quarterly review of accounting records (up to 100 transactions per month)
  • Submission of quarterly VAT returns
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
Outsourced MTD Updates
£240/month + VAT
£250k – £500k turnover
  • Monthly updating of accounting records (up to 50 transactions per month)
  • Submission of quarterly VAT returns
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
Grow
£370/month + VAT
£250k – £500k turnover
  • Monthly updating of accounting records (up to 50 transactions per month)
  • Submission of quarterly VAT returns
  • Submission of quarterly MTD updates
  • Final Declaration for one income source (replaces the Self Assessment Tax Return)
  • Monthly KPI reporting and profitability analysis
  • Monthly meetings to align your vision to your financials
  • All your finance questions answered (e.g. can I afford to hire?)

Prices shown are exclusive of VAT. Package price depends on your annual turnover, selected above.

Optional extras

Add any of these on to your package, as and when you need them.

  • Additional income source (Self Assessment)From £150
  • Credit control£35/hour + VAT
  • Invoicing & payment processing£35/hour + VAT
  • Supplier payment processing£35/hour + VAT
  • PayrollPricing on request

Quarterly VAT returns are already included in every package for turnover above £90k — this extra only applies if you're on a Below £90k package and are voluntarily VAT registered.