South West marine + defence capital — Devonport contractors and offshore renewables meeting MTD. From 6 April 2026 every Plymouth sole trader and landlord earning £50,000+ must submit quarterly to HMRC. We do all of it — setup, software, quarterly filings, year-end. £495 one-time + £150/mo.
CGMA-qualified · 24 years professional finance · Single named accountant
Plymouth's sole-trader economy is dominated by marine and defence: HMNB Devonport contractors, Babcock supply chain, Princess Yachts subcontractors, and a growing offshore-renewables consultant pool tied to the South West floating-wind cluster. Add the Sutton Harbour fishing sector, tourism freelancers around the Hoe and Barbican, and a steady landlord base around PL1–PL4. Plymouth's isolation from other major cities means local sole traders genuinely need a service that understands marine-specific income patterns (mobilisation periods, day rates at sea, MoD security clearance billing structures).
Same prices wherever you are in the UK — no premium for Plymouth sole traders.
We configure everything. You file the submissions yourself.
Start →Full breakdown of what's included: /services/mtd-itsa/
6 April 2026 if your qualifying income exceeds £50,000. The threshold drops to £30,000 from April 2027 and £20,000 from April 2028. Plymouth-based sole traders and landlords are caught identically to the rest of the UK — HMRC applies the same rules.
All four quarterly submissions, the year-end Final Declaration (with year-end adjustments rolled into it), monthly bookkeeping (up to 200 transactions/month), one VAT return per quarter if applicable, and email/Slack support with one-business-day response. Single CGMA-qualified accountant handles your account end-to-end.
Day-rate income is recognised when invoiced (cash basis) or when earned (accruals basis) depending on which method you elect for MTD ITSA. Sole traders under £150K can use cash basis — simpler and matches how mob/demob payments actually arrive. We confirm basis at setup so quarterly submissions match your invoicing reality.
FHL status requires 210 days available, 105 days actually let, and a 31-day max stay. A central Plymouth flat run as a year-round short-let typically does qualify as FHL. The classification matters because FHL income sits as a separate property business under MTD ITSA, with different expense rules (mortgage interest fully deductible, capital allowances available). We confirm classification per property at setup.
MTD ITSA is administered nationally — your physical accountant location doesn't affect the submission process. BlackpeakCFO is 100% remote, ACMA-CGMA-qualified, and gives every Plymouth client the same single-named-professional accountability you'd get from a London boutique at £400+/mo. The £150/mo Plus tier is the gap most Plymouth accountants haven't filled.
Send your details — we reply within one business day, by email. We confirm fit, agree the tier, you're compliant within two weeks.
Send My Details →Or email stuart@blackpeakcfo.com