Which sole traders would benefit from using Numio?

Some sole traders have more than 'basic' tax needs and can benefit from using a full accounting service like Numio.

Examples of more than 'basic' tax needs include:

  • You're trading as a company (i.e. limited liability company), partnership, or trust
  • You employ people (as employees or contractors), or plan to in the future
  • You have stock, 'work in progress', or other inventory that you need to track
  • You have a family trust, a rental property, or other investments that have taxable income
  • You have overseas income or investments that have taxable income
  • You have more than one business, or multiple income streams

Otherwise, if you're a sole trader we recommend checking out our friends at Hnry.

Last updated:
01 December 2025