Are software subscriptions tax deductible for sole traders?
Are software subscriptions tax deductible for sole traders? Explanation of the tax rules, examples, and how digital tools are treated in business accounts.
Accounts & Expenses
Keeping on top of your accounts is a basic part of working for yourself.
This section covers recording expenses, tracking income, preparing invoices, choosing accounting software and keeping the records you need for Self Assessment.
Making Tax Digital is also changing how many sole traders keep records and report their income to HMRC. Our Making Tax Digital guide explains who must follow the rules and what you need to do.
Whether you handle the bookkeeping yourself or use an accountant, understanding the basics will save you time and help you avoid expensive mistakes.
Making Tax Digital
Bookkeeping and records
Invoices and payments
Accounting software and accountants
- Find the best self-employed accounting software
- Accounting software versus spreadsheets
- Do you need an accountant if you’re self-employed?
- Do you still need an accountant if you use Xero or FreeAgent?
- How much should a self-employed accountant cost?
- Compare sole trader accountants
- Can you run your business using only Xero?
- How to switch accountants as a sole trader
Claiming business expenses
- What expenses can you claim as a sole trader?
- How simplified expenses work
- Claiming home office expenses
- Mileage allowance explained
- Travel expenses for sole traders
- Training expenses explained
- Equipment and tool expenses
- Are accounting fees tax deductible?
- Are software subscriptions tax deductible?
What happens if a client doesn’t pay – what are your options?
Unpaid invoices? This guide explains what self-employed people can do when a client won’t pay — from chasing to legal action and recovery options.
Are advertising and marketing expenses tax deductible for sole traders?
Sole traders can claim advertising and marketing expenses against their taxable profits if the costs are wholly and exclusively for business purposes.
Can sole traders claim bank charges and interest as expenses?
Can sole traders claim bank fees, overdraft and loan interest as expenses? What is allowable, what is not, and how to include costs in your tax return.
Accounting for sole traders: a beginner’s guide
If you start a business as a sole trader, you need to set up an accounting system to record your income and expenses, and work out how much tax to pay.
Making Tax Digital (MTD) for Income Tax – guide for the self-employed
With HMRC’s Making Tax Digital (MTD) for Income Tax coming soon, the frequency of filing returns will increase quite dramatically for the self employed.
Compare Sole Trader Accountants – Monthly Fees & Features (2026)
On this page, we have added some links and details of sole trader accountants we have worked with for many years at ByteStart. Compare fees and features.
Accounting deadlines every self-employed person should know
Key tax and accounting deadlines for sole traders, including Self Assessment, MTD, VAT, payments on account, and more – with tips to avoid penalties.
ANNA Money offers free MTD Income Tax filings ahead of deadline
ByteStart partner ANNA Money has announced it will offer free MTD ITSA filings on a permanent basis, with no subscription fees or time limits.
ANNA Money review: free business account with MTD filing tools
ANNA Money is an app-based business account for small companies and sole traders, offering a debit card and built-in Making Tax Digital (MTD) tools.