Accounting For Tradespeople

Streamlining Financial Management for Skilled Tradespeople

In the trades industry, where every day is about building and fixing, managing your finances should not be another task on your to-do list. At [Your Brand], we specialise in providing expert accounting services for tradespeople. Whether you’re a self-employed plumber, an electrician with a limited company, or any other skilled tradesperson, our aim is to simplify your financial management, giving you more time to focus on your trade.

Key Accounting Services for Tradespeople:

  • Business Structure Advice: Guidance on the most suitable structure for your business – sole trader or limited company.
  • Bookkeeping and Tax Returns: Hassle-free bookkeeping and timely tax returns, ensuring you stay on top of your finances and deadlines.
  • VAT and Payroll Management: Expert handling of VAT responsibilities and payroll processing, especially crucial if your turnover exceeds £85,000.
  • Self-Assessment Support: Assistance with annual tax returns, ensuring accuracy and compliance.
  • CIS and IR35 Support: Navigating the complexities of the Construction Industry Scheme and IR35 regulations for contractors.
  • Accountancy Software Integration: Utilising tools like Xero for streamlined, efficient financial management.

As dedicated accountants for tradespeople, we understand the unique financial landscapes you navigate daily. Our team is committed to offering more than just accounting solutions; we strive to be a partner in your business’s growth. With our bespoke approach, we tailor our services to match the specific needs of tradespeople, ensuring that every aspect of your financial management is handled with precision and expertise. This way, you can concentrate on what you do best – mastering your trade, while we take care of your accounting needs.

Why Choose Swan Books?

With over a 16 years of experience in providing accounting services to tradespeople and working with CIS, Swan Books understands the specific financial challenges and opportunities within this industry. Our clients have consistently praised our approachable, thorough, and tailored services. Our commitment to your success is reflected in our client testimonials and our consistent high ratings.

There’s a reason we have nothing but 5 star reviews on Google.

 
Vanessa Vieira
Vanessa Vieira
1 November 2023
Accounting done in THE most effective and efficient way. The technicalities that come with filing my accounts were daunting and overwhelming. When Stacey stepped in she was persistant, sendings me the continuous reminders and promtos that I needed to get things sort. She is also very felxible with communication using a cohintation of Whats App, SMS and calls. HIGHLY RECOMMEND!!
John Marling
John Marling
28 October 2023
I had some issues processing my Self Assessment Tax Return, and Stacey stepped right in knowing exactly what to do. Swan Books provides a secure web portal to allow me to upload all relevant documentation that Stacey needs to complete the process. I had some queries on the Summary and Calculation, which Stacey explained simply. I would 100% recommend Stacey and Swan Books, and will be using Stacey again in the future.
Nicole Dryden
Nicole Dryden
25 October 2023
Would highly recommend Stacey. She was super friendly in our initial chat and throughout my experience, put me at ease and answered any questions I had with quick response times. Will be using her services going forward without any worries!
Lottie Millington
Lottie Millington
14 September 2023
Stacey is absolutely incredible! Stacey has been handling my accounts for three years now, I’ve had many issues with the HMRC and stacey has handled everything for me with ease. Everything is done quickly and efficiently. I’m so grateful for Stacey how she’s taken a massive stress away from running my business and helping me grow my business and finances. I couldn’t recommend her enough
Liz Slade
Liz Slade
30 August 2023
Stacey @ Swan Books is really friendly, approachable and extremely efficient. She explains everything in an easy to understand way. I would 100% recommend Stacey to anyone in need of a great accountant!
Jordan Drummond
Jordan Drummond
30 August 2023
Very flexible and informative. Made everything very easy and straight forward for myself and made my tax situation a lot less stressful! Would recommend 😀
Lourdes Walsh
Lourdes Walsh
29 August 2023
Stacey did my books last tax year and I’m going to be using her every time! Professional, communicative & swift, while also explaining everything (numbers are not my forte). I’d recommend her again and again.
Emma Cook
Emma Cook
25 August 2023
Stacey is the best accountant we have would definitely recommend her to anyone, she’s so friendly and very helpful and always there to help us . Thank you for your hard work
Roxanne Hydes
Roxanne Hydes
7 August 2023
Stacey has been an absolute gem when it comes to providing advice on self-employment and tax. I had so many unanswered questions that needed detailed explaining, and she went above and beyond to make sure I got the correct information and that I understood everything. I would highly recommend Stacey to help you with all your accounting needs.
Anthony Fitzsimmons
Anthony Fitzsimmons
3 August 2023
Knows her stuff 👍
Stuart Wilson
Stuart Wilson
2023-02-02
Stacey has been fantastic, she does all my bookkeeping and submits all my tax returns. She has given me advise and is always there to answer my questions and provide support. Stacey has given me one less thing to worry about so I can focus on with running my business. 100% recommend Stacey!
Ross Cook
Ross Cook
2023-01-09
Friendly and extremely helpful. We had many questions about sole trading and Stacey was more than happy to help, even at 8pm in the evening!
Sharon Groves
Sharon Groves
2022-12-01
Stacey has been amazing in getting my books in order and submitting my tax returns. She has given invaluable advise and is always on hand to answer any questions and provide support. Stacey has been a god send and given me one less thing to worry about so I can get on with running my business. Thoroughly recommend Stacey!
Natalie Wooden
Natalie Wooden
2022-11-24
Stacey was so friendly and eager to help me from the start. Nothing was a problem. We did everything step by step and everything was taken care of for me. I’m so glad I found you Stacey! Thank you for your help and professionalism.
Looking Tidy
Looking Tidy
2022-07-20
Glad I found Swan Books! Stacey is super helpful and friendly, has helped me where needed and provided valuable advice. I'd have no hesitation recommending and will be back for all my book keeping in the future.
Emma Cook
Emma Cook
2022-07-20
We would definitely recommend Stacey she’s a lovely girl and very helpful and knows how to do her job very well , we are very happy 😃
Paula Buck
Paula Buck
2022-07-13
I was looking for a friendly yet professional accountant to help with my tax returns, Stacey is and did just that! Always at the end of the phone to help answer my “silly” questions. Politely chased me so i didn’t fall behind and made my life a lot easier and stress free. Highly recommend her.
Jodie Mckinnon
Jodie Mckinnon
2022-06-24
Thank you for being our accountant, highly recommended!
Istrate Adrian
Istrate Adrian
2022-06-24
I’ve been working with Stacey and she is extremely responsive , organised and efficient . I would recommend her services to anyone. Thank you for your support!!
Danny Newson
Danny Newson
2022-06-23
Brilliant So helpful with getting self assessment done and forming new company Would recommend swan books to everyone

Our Process

Initial Consultation

Understand your business, your challenges, and your aspirations.

Onboarding

Seamless integration with your existing systems, training provided if necessary.

Tailored Solutions

We propose a bookkeeping solution adapted to your unique needs.

Regular Check-ins

Periodic reviews to ensure your financials are on track and to address any concerns.

Year-End Finalisation

Ensure everything is aligned, compliant, and ready for HMRC submissions.

A Closer Look at Tradespeople's Expenses

Managing expenses effectively is key for tradespeople. Here’s a detailed overview of potential expenses:

Business Operations

  • Equipment and Tools: Expenses on essential tools and machinery.
  • Vehicle Costs: Including fuel, maintenance, and insurance for business vehicles.

Site and Office Expenses

  • Rent for Storage or Workspace: If you rent a space for storing tools or conducting business.
  • Utility Bills: For your office or any business-specific site.

Marketing and Client Relations

  • Advertising: Costs associated with promoting your services, both online and offline.
  • Client Relationship Management: Expenses on software or systems to manage client interactions.

Professional Development and Compliance

  • Training and Certifications: Costs for upskilling and maintaining certifications in your trade.
  • Health and Safety Compliance: Expenses related to ensuring safe working practices.

Administrative and Legal Costs

  • Insurance: Public liability insurance, and other relevant insurance premiums.
  • Legal and Financial Advisory Fees: Costs for professional advice and services. 
 
Even for sole traders, the accounting requirements can be demanding. We offer comprehensive support, from bookkeeping to advice on tax planning and business expansion. Our tailored approach ensures that you have the expertise needed to manage your finances effectively, without sacrificing billable hours.
Stacey advised me on how to sort my company’s finances out in a clear and concise manner, after my last accountant left my accounts in a right mess. Her no nonsense approach was very refreshing and she has covered areas our previous accountant had missed. I can highly recommend her services and we feel much more in control and confident with our accounts now
Tom Alderton
TMA Decorating

Tradespeople We Help

At Swan Books, our expertise in specialised accounting services extends across a variety of trades. We understand the unique financial requirements of each profession and offer tailored support accordingly:
 
  • BuildersSupporting the backbone of our communities, we provide builders with comprehensive financial management, from CIS returns to budget planning for projects.
  • ElectriciansWe illuminate the financial path for electricians, handling everything from intricate expense tracking to navigating tax obligations with precision.
  • PlumbersEnsuring a steady financial flow, we offer plumbers services in bookkeeping, VAT returns, and strategic tax planning to keep their finances watertight.
  • CarpentersTailoring financial solutions for carpenters, we take care of their accounts so they can focus on their craftsmanship and client satisfaction.
  • Painters and DecoratorsAdding vibrancy to financial management for painters and decorators, we handle payroll, tax filings, and expense management, allowing them to focus on their creative projects.
  • Landscapers: For landscapers, we cultivate a robust financial foundation, from cash flow management to compliance, enabling them to bring their landscaping visions to life.
  • HVAC TechniciansWe streamline accounting for HVAC technicians, assisting with tax efficiency and payroll management, so they can concentrate on delivering exceptional services.
  • RoofersProtecting roofers’ financial interests as securely as they protect buildings, we offer services in CIS compliance, financial forecasting, and more.
  • Tilers: Aligning financial management for tilers, we provide comprehensive bookkeeping and financial advice, ensuring their business stays on a steady path.
  • JoinersBringing together all aspects of financial management for joiners, our tailored accounting solutions are designed to align with their business aspirations and financial needs.
 
 

Our Pricing

At Swan Books, we tailor our pricing to fit your business’s specific needs. Our bookkeeping services ensure that your business finances stay up-to-date using leading cloud accounting software like Quickbooks or Xero. Whether you prefer monthly or quarterly updates, we keep you informed about your business profits consistently. We cover all areas of bookkeeping, ensuring thoroughness and precision.

The pricing for our bookkeeping services varies based on the volume of transactions each month. For a customised quote and a detailed breakdown, please contact us.

Registration

£ 45
00
  • Registration of you and your business self employment with HMRC.

Self Assessment Tax Returns

£ 250
00
Prices From
  • Preparation of tax calculation, preparation and submission to HMRC and financial statements
  • Prices may vary based on your business records. Please get in contact for a free consultation.

Bookkeeping

varies
  • Keeping your business finances up to date with cloud accounting software Quickbooks or Xero. Monthly or Quarterly updates providing you updates of business profits. All areas of bookkeeping undertaken.
  • Prices vary permitting to volume of transactions each month.

Books Clean Up

varies
  • If your accounts are in need of a tidy up and you want to upgrade your internal procedures for easier processes, you have come to the right place!
  • Prices vary client by client, please get in touch to discuss further.

VAT Returns

£ 175
00
Prices From
  • Quarterly VAT returns prepared and submitted with Making Tax Digital compliant software with all deadlines met.
  • Prices start from £175.00 per quarter

Power Hour

£ 65
00
Prices From
  • One to one power hour discussing your business accounting and how to make improvements to make your finances run more efficiently within the cloud software of your business alongside training on how to get the best of your software.

Payroll

£ 20
00
Per Payroll
  • All aspects of payroll processes ensuring all tasks are carried out by all deadlines and RTI compliant.
    - Weekly or monthly payrolls
    - Pension administration completed
    - RTI compliant with HMRC
    - Payroll year end service and reporting

Ready to take your business to the next level?

Book a Call