Looking for a sole trader accountant Durham business owners can rely on? You’re in the right place.When you work for yourself, you do everything. The work, the customers, the invoices. The numbers usually come last, and then the tax bill arrives as a surprise.
It doesn't have to be that way. We look after your accounts and tax, and help you understand what your figures are telling you. That means clearer decisions, and fewer evenings spent on paperwork.
Who we help
We work with sole traders and partnerships across Durham, the North East and the rest of the UK, including:
People who have just started working for themselves
Established trades and services, from builders to coaches
Partnerships, including couples running a business together
Anyone moving to Xero, or wanting to get more out of it
Sole traders wondering whether to become a limited company
What's included
Your year end accounts
Your self assessment tax return, and the partnership return if you're in a partnership
VAT returns, if you're registered
Payroll, if you employ people
Making Tax Digital quarterly updates, if they apply to you
Setting up Xero and the right apps, so keeping records takes less of your time
Help understanding your numbers through the year, not just at the end of it
Dealing with HMRC for you
How it works
Book a short discovery call. We'll talk about your business and what you need.
We agree a fixed monthly fee, so you know the cost from the start.
We get you set up on Xero, or tidy up what you already have.
Through the year, you keep your records up to date and we're there when you have a question.
At year end, we prepare your accounts and tax return, talk you through them, and file once you're happy.
What it costs
We charge a fixed monthly fee, so the cost is spread across the year and there's no surprise bill. For most sole traders it starts from £350 plus VAT. We'll agree your fee before we start, and it only changes if your business does.
Making Tax Digital
For sole traders, this is the biggest change to tax in years. You keep digital records and send HMRC an update every quarter, alongside your yearly return.
When it applies depends on your income from self employment and property, before expenses:
Over £50,000: from April 2026
Over £30,000: from April 2027
Over £20,000: from April 2028
Income from a partnership doesn't count towards these figures, so partners aren't caught by it yet. If it applies to you, we'll get you set up and handle the quarterly updates. We've worked with Xero since 2011, so you're in safe hands.
If you are looking for help to shape your business future, give us a call!
Some of the people we work with
It's easier to show you than tell you. Here are a few of the sole traders and partners we look after.
Client Story: It's From Scratch
We have been small business accountants to Gwen through her recent transition from franchisee to small business owner.
Gwen Young has a huge passion to help you make beautiful recipes a reality. From cook-alongs to those hard to find ingredients, Gwen is there to help you build confidence in your cooking. She has already inspired Stephen, our CEO to cook more from scratch!
Feedback as Small Business Accountants
Here is just some of the feedback we get as accountants working with small businesses.
Soren Fidler-Moore, Forensic 22 Photography & Training Ltd
"I am a very small one man business and find staff at Valued to be very helpful and friendly. Valued are "valued" to me because you save me time, stress and hassle dealing with all the tax and financial issues that I do not have a head for at all."
Rachael Evans, Stack for Business
"We feel like you genuinely care about us as individuals and the performance of our business. We are probably one of your smallest clients, but we feel equally valued. You are responsive and provide a great service – from day-to-day accounting questions to helping with bigger business questions."
Linda Kirk, Just for Women Centre
"The service is professional, friendly staff who get to know what your business is about and have time for their clients when needing advice."
Client Story: Donna Liddle
Having worked in mental health for almost 20 years Donna trained as a Life Coach in 2005 and later trained as an NLP Practitioner and Clinical Hypnotherapist. By combining these skills and a holistic approach Donna has worked with clients to achieve their goals around many different aspects of their life, including, career, health, relationships and improving their overall well-being.
If you are looking for help to shape your business future, give us a call!
Client Story: Kieran Rose The Autistic Advocate and Michelle Rose, from Michelle Rose Marketing
Running a successful business can be a very difficult path to navigate, but throw in a second business under one roof, one from a very different industry and most people would struggle to make a partnership work. On the blog we would love for you to meet Kieran and Michelle Rose, partners in life and business, who are succeeding in working in two very different industries as advocates, consultants and mentors.