Looking to become a Sole Trader?


      Beneficial Accounting Services takes care of all the accounting and taxation needs of sole traders for a competitive fee. Most people when starting a business are not to sure wether to be a sole trader or limited company.


       There are advantages and disadvantages to both.

We endeavour to clearly assess you business and continously advise you on the best option for  your business needs as it grows or changes.




  Sole Trader Adavanatges

  • Easy to set up and relatively little paperwork, other than an annual self-assessment tax return.
  • Greater privacy than incorporated businesses, whose details can be found via .
  • You have more flexibility and control, so it may be easier to fit your work around other commitments and responsibilities.
  • Your work can be more varied, as you may be working on several different projects for different clients at any one time.
  • You can explore your creative and entrepreneurial side as you build your own business.
  • You can deduct certain costs - travel and some utilities bills, for example - from your income when you’re calculating your tax liability.
  • You may have the potential to earn more money, as day rates for self-employed consultants and freelancers tend to be much higher than salaries.


Reasons to choose Beneficial Accounting Services


    Sole Traders tend to be small business and need as much help as possible from their accountant. We offer sole traders unlimited help and advice throughout the year all uincluded in the one off fee.


   We regularly contact our clients for reviews and updates. This is also an opportunity for then to seek out any advise and air out their concerns regarding the tax framework set by hmrc.


      We also offer recommendations to imrpove your business.These recommendations include tax efficiency suggestions, advice on how to better keep recods or suggestions of an insurance company that would be able to give you a better quote.


 We would fight your corner and ensure HMRC receive only the money they are due and not a penny more.


Our Packages include

  • Completion and submission or your self assesment
  • Regular Assesment of tax efficiency.
  • Representation in the event of an HMRC investigation
  • Business guides and resources
  • Unlimited hepl and advice via phone or email.



    To book an appointment, do not hesitate to CONTACT US

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