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.

 
Charlie Baxter
Charlie Baxter
2025-02-06
Trustindex verifies that the original source of the review is Google.
Stacey has been my accountant for 2 years now after having returned from setting up an online business in Australia and I can't recommend her enough! As each tax deadline approaches, she has been incredibly helpful, taking the time to explain things I’ve always found difficult to understand. She also tidied up my Xero accounting (a multiple currencies one 🤢), which I had left in a bit of a mess, and made sure everything was in order. On top of that, she helped me identify legitimate business expenses I could claim, which was a huge help. Highly recommend!
Jessica MacMillan
Jessica MacMillan
2025-01-31
Trustindex verifies that the original source of the review is Google.
Oh, Stacey where do I even begin? I first met Stacey in August 2024, and from that moment, I knew I wanted to switch accountants. Her presence is simply incredible. She’s not only extremely knowledgeable but also genuinely supportive of both you and your business, always striving to achieve the best outcomes. I’m so grateful to have met her and can’t wait to grow my business with Stacey by my side!
Tom Alderton
Tom Alderton
2025-01-28
Trustindex verifies that the original source of the review is Google.
Stacey is the best around 🙂
Sophia Kelleway
Sophia Kelleway
2025-01-28
Trustindex verifies that the original source of the review is Google.
Stacy was fantastic with helping me sort out my self assessment, she made it so easy for me to understand and she was so easy to talk to. I can't recommend her enough🥰🥰 xx
Alin Lebanov
Alin Lebanov
2025-01-28
Trustindex verifies that the original source of the review is Google.
I cannot praise enough the quality of services offered by Stacey @ Swan Books along with her team. This is the first time I'm using their services and I would recommend them 100%. The whole process was so straight forward and the communication crystal clear. Definitely going ahead with them for the next financial year!
Ash
Ash
2025-01-28
Trustindex verifies that the original source of the review is Google.
Excellent service thanks
Kirbie Shrimpton
Kirbie Shrimpton
2025-01-22
Trustindex verifies that the original source of the review is Google.
Stacey & her team are beyond helpful! I could not recommend them more, no question is a silly question! They make being a sole trader EASY! Soooo happy i found them!!
Harry Couture
Harry Couture
2025-01-14
Trustindex verifies that the original source of the review is Google.
Brilliant service - I had a few complications that were easily ironed out and explained by Stacey. Would recommend to anyone!
Gina Toyer
Gina Toyer
2025-01-08
Trustindex verifies that the original source of the review is Google.
Brilliant and patient accountant highly recommend
Ian Bement
Ian Bement
2025-01-03
Trustindex verifies that the original source of the review is Google.
Great service, kept fully informed of when things would happen. Can't fault Stacey for the way she dealt with our tax returns. First time using Stacey, everything straight forward and all information presented to us in an easy to read/understand format.

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