Our services include:

  • Bookkeeping to Trial Balance
  • Final Accounts for Sole Traders
  • Accounts Production for statutory requirements
  • VAT Returns
  • Computerised Accounting
  • Personal Tax
  • Payroll

We specialise in accounts production and self assessment submission for sole traders and Landlords

All businesses are required by law to keep records of their financial transactions. These records must be kept for at least 6 years and be made available to HMRC, upon request. The financial transactions should prove what details have been submitted on business or self-assessment tax returns. If discrepancies are found between the two, or parts of records are missing, insufficient or incomplete, then the business/individual may be subject to fines, penalties and backdated tax bills. If HMRC find false or incorrect information in the tax year inspected, they may also decide to look further back, or in more detail at previous years too.

Based in Gateshead, Beechwood Accounting provides a friendly and professional service, delivering bespoke services tailored to the specific requirements of your Business. Specialising in working with Sole Traders (self employed individuals) we can help your business every step of the way, from Registration, bookkeeping, submitting VAT Returns if required, to preparing your Year End Accounts and then submitting your Self-Assessment Tax Return, accurately and on time to HMRC. We will calculate your Tax and National Insurance liabilities, tell you when you need to pay and work out any payments due on account for the following year. We can also deal with any queries and all correspondence with HM Revenue & Customs on your behalf, giving you peace of mind and freeing your time to run your business.