Sole Traders and Partnerships

At Lamont Pridmore, we are able to offer a huge range of business support services to help our sole trader and partnership clients run their businesses smoothly and avoid many of the common problems that businesses experience.

Our services include:

  • Business start-up service
  • Bookkeeping and online accounting training and installation
  • VAT returns
  • Payroll bureau
  • Assessing the viability of your project
  • Helping to develop your vision, aims, hopes and aspirations of your business
  • Creating your work-life balance
  • Strategic planning review: business development plans over the next 5 years
  • Business plan and financial forecasts for the coming year
  • Financial information systems
  • Regular management accounts compared to budget
  • Financial accounts preparation
  • Tax planning and tax saving service
  • Tax compliance service
  • Tax efficient salary and benefit packages
  • HMRC tax investigations and investigation protection services
  • Advising on the correct tax payments and repayments due
  • Raising finance for your business and financial restructuring
  • Asset finance
  • Credit control and working capital management
  • 57 Ways to Grow Your Business
  • Profit and performance improvement to create a winning company
  • Pricing review, profit margins and competitor analysis
  • Benchmarking report on the performance of your business
  • Cost reduction service
  • Marketing strategy and marketing plans
  • Increasing your sales
  • Systems and procedures including organisational restructuring
  • IT and computer services
  • Training and skill development
  • Protection for you and your business
  • Savings and investments
  • Pensions
  • Mergers and acquisitions
  • Retirement planning
  • Succession planning
  • Grooming your business for sale
  • Wills, inheritance tax and estate planning

For further information on how Lamont Pridmore can help your business, please contact us.

Latest from our Blog

2 Sep
2026
Crypto investors have paid £1.38 billion in tax: Do you know what you need to pay?

HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.

1 Sep
2026
What does the end of the Great British Summer Savings scheme mean for businesses?

It is no longer just the grass that is brown as the changing seasons are being reflected on the leaves of the UK’s deciduous …

Read more…

27 Aug
2026
You don’t own the business, but do you still owe the tax? HMRC ‘failure to notify’ penalties following a share disposal

If you are a shareholder in a company you have little involvement in, you might not realise a share disposal can trigger Capital …

Read more…

26 Aug
2026
Pokémon cards and cryptocurrency: Understanding Capital Gains Tax when selling assets for a profit

Capital Gains Tax (CGT) receipts were up 17.6 per cent in July compared to July 2025, highlighting the growing importance of understanding …

Read more…

25 Aug
2026
Tips for tipping – Does automation spoil business relationships?

Automation is often viewed by business owners as an effective way to improve profitability by cutting back on tedium so that more …

Read more…

20 Aug
2026
Sole trader vs limited company for side hustles – Which is the most tax-efficient?

With many individuals starting a ‘side hustle’ to supplement their salary, setting up as a sole trader or limited company …

Read more…

19 Aug
2026
HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake

The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning …

Read more…

18 Aug
2026
Can your business afford the team you need to deliver growth?

To say that the UK economy is a bit of a mixed bag at the moment is something of an understatement, as the disparity between different …

Read more…

13 Aug
2026
Why is keeping business and personal finances separate so important?

Where personal spending and business spending overlap, financial tracking can unnecessarily become a headache.

12 Aug
2026
The dangers of using AI for tax advice

AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.