Home For AAT student members AQ 2016 Advanced Diploma in Accounting Final Accounts Preparation
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

Submission of sole trader Tax return

Shar-leyShar-ley Settling In NicelyRegistered Posts: 28
Hi I’m doing a tax return for a sole trader (a friend) and just wondered if I need to produce a profit and loss account balance sheet etc or whether the tax return is sufficient?



  • MarieNoelleMarieNoelle Trusted Regular Hampshire/Surrey borderModerator, MAAT, AAT Licensed Accountant Posts: 1,432
    Although a P&L and a reconciliation to the taxable profits may be useful for the client - I always get the client to agree with these before preparing the tax return.
  • Shar-leyShar-ley Settling In Nicely Registered Posts: 28
    That’s fab thank you for your help both! :)
Sign In or Register to comment.