Daniel Greenaway, Author at Accounting Wise Online Accountants providing modern Accounting Services Thu, 06 Nov 2025 09:49:51 +0000 en-GB hourly 1 https://wordpress.org/?v=6.8.1 https://a-wise.co.uk/wp-content/uploads/2025/02/cropped-Favicon-Large-32x32.png Daniel Greenaway, Author at Accounting Wise 32 32 CIS vs PAYE: Understanding the Difference https://a-wise.co.uk/cis-vs-paye-understanding-the-difference/ Thu, 06 Nov 2025 09:47:06 +0000 https://a-wise.co.uk/?p=25827 CIS and PAYE are two key tax systems in the UK construction industry, but they apply to very different types of workers. This post explains how each works, who they affect, and what contractors and subcontractors must do to stay HMRC compliant - helping you avoid penalties and ensure correct payments every time.

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Hiring a Remote Bookkeeper: What You Need to Know https://a-wise.co.uk/hiring-a-remote-bookkeeper-what-you-need-to-know/ Fri, 31 Oct 2025 07:57:19 +0000 https://a-wise.co.uk/?p=25650 As UK businesses continue shifting toward flexible, digital-first operations, traditional office-based bookkeeping is quickly being replaced by remote, cloud-based solutions. This change isn’t just about convenience — it’s about smarter, more efficient financial management.

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AI Bookkeeping – How Artificial Intelligence is Changing Small Business Finance https://a-wise.co.uk/ai-bookkeeping-how-artificial-intelligence-is-changing-small-business-finance/ Wed, 29 Oct 2025 07:49:47 +0000 https://a-wise.co.uk/?p=25644 Discover how AI bookkeeping and automated bookkeeping are reshaping small business finance. Learn the benefits, limitations, and where accountants still add value.

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How to Claim Employment Allowance: A Step-by-Step Guide https://a-wise.co.uk/how-to-claim-employment-allowance/ Sat, 25 Oct 2025 07:57:26 +0000 https://a-wise.co.uk/?p=21922 If you run a small business or charity, claiming Employment Allowance can significantly lower your employment costs. Here’s everything you need to know to claim it successfully.

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Key Accounting Dates November 2025 https://a-wise.co.uk/key-accounting-dates-november-2025/ Thu, 23 Oct 2025 13:00:00 +0000 https://a-wise.co.uk/?p=25755 Staying on top of your accounting and tax deadlines is essential for keeping your business compliant and avoiding unnecessary HMRC penalties. November may not be the busiest month of the financial year, but there are still several key dates that every UK business owner, freelancer, and employer should have on their calendar.

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The Benefits of Having a Virtual Accountant vs. Traditional Accountancy Services https://a-wise.co.uk/the-benefits-of-having-a-virtual-accountant-vs-traditional-accountancy-services/ Thu, 23 Oct 2025 07:14:39 +0000 https://a-wise.co.uk/?p=22998 As more UK businesses embrace digital operations, the way they handle their finances is evolving too. Traditional accountancy - with face-to-face meetings, piles of paperwork, and fixed office hours - is rapidly being replaced by virtual accountants offering a flexible, digital-first approach.

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What Documents Do You Need for Self Assessment? https://a-wise.co.uk/what-documents-do-you-need-for-self-assessment/ Wed, 22 Oct 2025 07:50:25 +0000 https://a-wise.co.uk/?p=25640 For many people, completing a Self Assessment tax return can feel daunting - especially if it’s your first time. One of the most common stumbling blocks is simply knowing which documents you need to gather before you start.

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Understanding the Statutory Sick Pay (SSP) Rules for Employers in the UK https://a-wise.co.uk/understanding-the-statutory-sick-pay-ssp-rules-for-employers-in-the-uk/ Tue, 21 Oct 2025 07:39:30 +0000 https://a-wise.co.uk/?p=22856 As an employer in the UK, you're legally required to provide Statutory Sick Pay (SSP) to eligible employees who are off work due to illness. But with qualifying conditions, payment thresholds, and HMRC reporting obligations, it’s crucial to understand the SSP rules for employers to ensure compliance and fair treatment of your staff.

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Self-Assessment Guide for Freelancers https://a-wise.co.uk/self-assessment-guide-for-freelancers/ Fri, 17 Oct 2025 08:30:44 +0000 https://a-wise.co.uk/?p=22995 If you're a freelancer in the UK, understanding and managing your self assessment tax obligations is essential. Whether you're just starting out or have been self-employed for years, getting your tax return right means avoiding penalties, maximising allowable expenses, and staying in control of your income.

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What is a Personal Service Company? https://a-wise.co.uk/what-is-a-personal-service-company/ Wed, 15 Oct 2025 07:32:28 +0000 https://a-wise.co.uk/?p=24013 In this post, we unpack exactly what a personal service company is, where it fits within the IR35/off‑payroll working rules, how recent and upcoming changes affect you, and the practical steps to stay compliant while running a sustainable business.

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