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All your financial admin, sorted

Simplify your financial admin 

Accurate, real-time insights and automated expense tracking give you complete visibility of your accounting. Easily manage income/expenditure and never miss a filling date. 

Get smart tax advice

Get all the advice you need from Chartered accountants, and transform your financial management and make money-saving decisions. We'll ensure you're as tax efficient as possible.

We do the work

It’s never taxing with CrunchONE. Our accredited accountants crunch the numbers and file your self assessment to HMRC for you every year.

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All-in-one financial admin app

Save time and money with smart software

Upload and organise vital documents quickly and easily with receipt capture. And manage invoices, expenses, sales, payments and more with open banking and bank reconciliation from one unified platform linked to your bank account.

Just 1% of your earnings each month
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For sole traders

Only pay Crunch 1% of your earnings
Never pay more than £300 + VAT per annum
No monthly fixed subscription costs
Self Assessment filed annually by in-house accountants*
If you’re not earning, you pay nothing
*You will receive a Self Assessment for the trading year 2023-2024 once a minimum payment of £90 +VAT has been made, either as a one off payment or a top up from client payments received. Speak to our advisors for more information.
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Self Assessment tax-returns

Self Assessment handled by experts

Say goodbye to missed deadlines and overpaid tax. We make Self Assessment easy. With 50,000+ tax-returns filed, our experts will process your tax-return and ensure you get any and all due rebates, and keep you fully compliant.

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Unrivalled support & advice

Expert help and advice from real, human accountants

What set's Crunch apart is the access you'll get to support from tax advisors and chartered accountants. Have all your queries answered by our friendly team, no question too silly!

1

Sign up for free

There’s no cost to sign up.

2

Start invoicing today

Full access to:

Our expense and invoicing app connected to your bank account
Qualified Accountants
Unlimited tax advice
3

Affordable, pay as you earn pricing

We’ll only charge 1% of what you earn to cover our services.

Rated 'Excellent' on

"Danielle was Excellent

I have been with Crunch for a number of years and every so often I come across some challenges I need extra help with. Today, I've had the pleasure to work with Danielle and the service she has provided was excellent. Thorough, patient and kind are some of the words I would use to describe her - very much needed when you are in a panic! A big thanks to Danielle."

Just Me

"Excellent, personalised approach to customers

I recently had an exceptional experience with Crunch, my accountancy practice. From the very start, their services were top-notch. But what stood out was the video call I had with my client manager, Jasmine. She went above and beyond to ensure I fully understood how to use their cloud-based software. Her explanations were clear, concise, and incredibly helpful. With her assistance, I now feel confident navigating the platform. It's service like this that sets Crunch apart in the crowded field of accountancy services. Highly recommended!."

Jonathan Scott

''I would highly recommend Crunch.

Since signing up for their services the advice, customer success XP and speed of response has been amazing! All the people I have spoken to to date have been extremely professional and knowledgable. Mas in the CSM team, Shaun in the Accounting team + Zoe & Abbie in the commercial team are all superstars.''

Robb Hammerton

"Helpful, Calm and Genuine

Jayne, a really helpful and genuine person, spoke me through a lot of things that had been bothering me on my company accounts. She clearly has a very wide breadth of knowledge and a passion for customer service. Leaving me feeling supported, but not patronised.

Very happy with this service!."

Kriss Cassidy

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Jennifer Lee O’Brien

Writer and Strategist

Member Case Study

Jennifer is thriving as a successful freelance writer

Jennifer transitioned to a freelance writer, overcoming financial admin fears by using Crunch’s software and expert advice. It simplified her taxes and supported her dream of flexible, self-directed work since 2018.

"Crunch was there for me when I was already really overwhelmed about all aspects of being self-employed."

“It wasn’t until I had to Google ‘how to do taxes UK' that I realised how impossible that can feel sometimes. Crunch made things simple and clear.”

The 1% fee explained

Jane’s story

Jane is working a full time job at a creative agency, but undertakes further creative work in her spare time.
She signs up to CrunchONE and does 2 freelance projects, sending invoices and receiving the money into her bank account, totalling £8,000.

Crunch bills a total of £80.
To cover the cost of the Self Assessment Tax return which is charged at £90, all Jane needs to do is top up her CrunchONE account with £10 and the tax return is included in the service.
We know money matters

Only pay when you get paid

CrunchONE: Comprehensive Sole Trader tax software for self-employed professionals.

All-in-One Online Business Tools

Efficient online tools for easy invoicing, effective expense management, and accurate tax calculations.

Flexible, Cost-Effective Pricing

Quality premium services capped annually at just £300+VAT - for 1% of your earnings.

Expert Chartered Accountants at Your Service

Direct access to ACCA & AAT qualified accountants committed to your tax efficiency and compliance.

Hassle-Free Self Assessment Filing

Simplified tax filing with expert guidance; over 50,000 Self Assessments filed seamlessly since 2009.

CrunchONE for Sole Traders

1% +VAT
of money earned
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Your package includes:
Only pay Crunch 1% of your earnings
Never pay more than £300 + VAT per annum
No monthly fixed subscription costs
Self Assessment filed annually by in-house accountants
If you’re not earning, you pay nothing
Get started
Includes 1x self assessment tax return. Min annual billing at 1% of what you earn is £90. Maximum charge per annum is capped at £300.

Software & Services For Sole Traders

Create & Send Invoices

Create invoices and send on the go. Send custom and unlimited invoices from your laptop, smartphone or tablet in just a few clicks.

Expense Management

Say goodbye to inputting data manually. Save time by automating and tracking your expenses. Scan receipts and claim straight away.

Open Banking

Connect your bank and import your statements to reconcile transactions. Transactions go straight to Crunch each week.

VAT Submission

Easily submit & file your VAT return to HMRC. Crunch files returns through HMRC compatible software (Making Tax Digital) every quarter.

Ask an Accountant

Qualified accountants providing users with instant access to accounting expertise for financial clarity and informed decision-making

Discover our accounting software, designed to intuitively fit into your daily financial routines. Experience the harmony of efficiency and simplicity on your financial journey.

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Frequently asked questions

Explore our FAQs for quick answers to your questions

Are Sole Trader accounts viewable through Companies House?

Sole traders don’t need to register with Companies House, so no information about your business will appear in their records or on their website.

Can I claim an accountancy expenses invoice as a Sole Trader?

You can claim expenses for your businesses accountancy fees, providing the accountant's time is being spent working on your sole trader accounts and not on personal items, such as the production of your annual Self Assessment.

Do I need a business account as a Sole Trader?

As a sole trader, all of your business profit is taxable to you personally, and legally there is no difference between you and your business. But unless you want to pay more tax than necessary, you’ll usually want to claim sole trader business expenses when it comes to submitting your annual Self Assessment tax return. You need to be able to prove your business expenses are allowable. Having your business and personal expenses in the same bank account can cause all sorts of headaches and means getting your accounts ready takes longer than necessary.With secure Open Banking connections, you can link your business bank account directly to your Crunch account and import all of your transactions in one simple click. From there, reconciling your bank accounts becomes a simple job!

Do Sole Trader accounts have to be audited?

It’s unlikely your sole trade business will require an audit unless you begin reporting turnover of millions of pounds. In such cases, you’d need an accountant to guide you through any audit requirements.

Do Sole Traders need an accountant?

As a sole trader, there’s no law that requires you to have an accountant, but an accountant can help you stay on top of your business finances, manage your legal obligations as a small business owner, and help with your statutory filings and tax returns.An accountant is especially helpful where your sole trade business is starting out and needs assistance with areas such as VAT, CIS, and employing others.

How am I taxed on my Sole Trader accounts?

As a sole trader, you pay yourself based on personal drawings from the business, and you pay Income Tax and National Insurance Contributions based on the profits your business makes.That’s why it’s important to keep a record of any drawings you take from the business to pay yourself. This helps you to keep on top of your accounts and helps when calculating your profits, which you eventually pay tax on. You’ll also need to put some money aside to pay your personal tax bill when you submit your annual Self Assessment.

How do I file taxes as a Sole Trader?

Sole trader taxes need to be filed with HMRC before their relevant due dates. You’ll need to start by registering as a sole trader with HMRC, and registering for tax returns such as Self Assessment. As a Crunch client, our team of Chartered Certified accountants can file your tax returns on your behalf. If you don’t have an accountant, though, you’ll need to file your returns yourself.

How do I set up a Sole Trader bank account?

Many major banks don’t give you the option to open an account for your small business online, but usually, you’ll be able to start your application on the bank’s website, prior to meeting a representative in person or over the phone.Some banks will allow you to walk into the branch and make a same-day appointment, but of course, this cannot always be guaranteed.Crunch is also partnered with a number of trusted banks, including Tide, Metro, Barclays, and Revolut. You can even enjoy special offers and discounts when you open a business account through one of these providers as a Crunch client!

How much is an accountant for a Sole Trader?

At Crunch, our paid accountancy package for sole traders is available for just £24.50+VAT a month! As a Crunch client, you’ll get access to a team of Chartered Certified accountants and expert client managers, available whenever you need them to help your business thrive.

Is a Self Assessment included in the Sole Trader package?

You will receive a Self Assessment for the trading year 2024-2025 once a minimum payment of £90 +VAT has been made, either as a one off payment or a top up from client payments received. Speak to our advisors for more information.

What accounts does a Sole Trader need to file?

Tax returns sole traders are required to file include VAT (if your business is VAT registered), and your annual Self Assessment, which covers your personal Income Tax and National Insurance liabilities. You can read more about your tax obligations in our “What is a sole trader?” article.

What is Sole Trader accounting?

Self Assessment - often referred to as a ‘tax return’ - is a way for HMRC to calculate how much Income Tax and National Insurance Contributions you’ll need to pay. For contracted employees, your tax is deducted monthly on your employment income through the PAYE system. For the self-employed, or someone with other types of income (e.g. pension or dividends), HMRC needs a Self Assessment to assess the tax required to be paid.

What is a Sole Trader?

If you’re self-employed and running your own business as an individual, then you should be registered with HMRC as a sole trader. Being a sole trader means there’s no legal distinction between the individual and the business they own.Sole traders work in many industries and trades, including electricians, plumbers, management consultants, designers, and more. Check out our article on “What is a sole trader?” for more information.

When do Sole Trader accounts have to be filed?

Your annual Self Assessment must be filed with HMRC before 31st January each year.

Who can prepare Sole Trader accounts?

You can prepare your own sole trader accounts if you’d like, but the best strategy is to get an accountant to do it for you. Accountants can make sure your returns are filed accurately and well ahead of a deadline - all you need to do is sign them off! An accountant will also make sure you are claiming the correct business expenses.

Still have questions?

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Who We Help

Architects

Contractors

Creative freelancers

Dentists

Freelancers

IT consultants

Interior designers

Online retailers

Plumbers

Small businesses

Startups

Switching accountants

Whatever your passion is...

HMRC Approved & Trusted Chartered Certified Accountants

We know our stuff!
Rest easy knowing our accounting solutions are HMRC approved & ACCA certified, ensuring seamless and compliant management of your financial matters.
Our accounting services are fully HMRC approved, ensuring seamless and compliant management of your financial matters

Award-winning pay monthly online accountancy

Expert Accountants

We are ACCA Chartered Certified Accountants, meaning you always get the best advice.

Easy-to-use

By developing our own software, we have created a highly efficient way of supporting you better.

Affordable Prices

Our efficiency and scalability means we can pass the savings to you!

Why choose Crunch? We know what it's like to run a business, so we have created the best online accounting solution for you. Join over 40,000 people who are already using Crunch. A monthly rolling subscription, with no long term contracts, and upgradable at any time.

Who Are...

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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.

Take control of your accounts, today

Crunch’s effective software package includes being able to talk to an expert client manager and a Chartered Certified Accountant. You can count on Crunch to make you productive and profitable.