Accounted for Sole Traders
MTD software built for UK sole traders
Making Tax Digital is mandatory from April 2026. Accounted handles quarterly submissions, VAT returns, Self Assessment, and expense tracking — with an AI bookkeeper that does the heavy lifting.
Start Free Trial →Why choose Accounted for sole traders
MTD quarterly submissions
Submit quarterly updates to HMRC automatically. Penny prepares your data, you review and submit. Every filing returns an HMRC reference number.
Penny AI bookkeeper
Penny categorises your transactions, scans receipts via messaging, creates invoices from chat, and reminds you about deadlines. Included at every tier.
Tax position in real time
See your estimated income tax, National Insurance, and VAT liability at any time. No surprises at year end.
Free accountant access
Your accountant gets a free portal to view your books, review transactions, and submit on your behalf. No per-client fees.
Professional business documents
Growing library of templates for sole traders
Invoices, reports, HMRC submission receipts, and financial documents — all generated from your Accounted data.
Features that matter for sole traders
Bank feed integration via Open Banking
Connect your business bank account and import transactions automatically. Penny categorises them as they arrive.
Receipt scanning via Telegram, SMS, email, or upload
Snap a photo, send it to Penny on Telegram, and the receipt is matched to a transaction within seconds.
Mileage tracking at HMRC rates (45p/25p per mile)
Log business miles via Telegram or the app. Accounted applies the correct HMRC rate based on your year-to-date total.
CIS subcontractor deductions
Record CIS deductions, separate labour from materials, and generate monthly CIS returns for HMRC.
Property income tracking with Section 24
If you have rental income alongside self-employment, track it per property with automatic Section 24 mortgage interest restriction.
Financial reports — P&L, Balance Sheet, Trial Balance
Generate FRS 102 Section 1A compliant reports on demand. Export to PDF or Excel for your accountant.
Recommended for sole traders
Recommended plan
Professional
£24/month
14-day free trial. No credit card required.
Start Free Trial →The price you see is the price you pay. No introductory pricing games.
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Ready to simplify your sole traders bookkeeping?
Built for sole traders in the UK. Stay on top of your books with Accounted.
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Sole Traders bookkeeping FAQ
From April 2026, sole traders and landlords with income over £50,000 must keep digital records and submit quarterly updates to HMRC. Accounted handles this automatically.
If your self-employment or property income exceeds £50,000, yes. The threshold drops to £30,000 from April 2027. Accounted is HMRC-recognised MTD software.
Yes — free accountant portal with full client visibility, AI workpapers, and bulk operations. No partner programme or per-client fees.
From £14/month for Starter. Professional is £24/month. Founding members get 50% off for life.