Daniel Greenaway, Author at Accounting Wise

About Daniel Greenaway

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But we are proud to say that Daniel Greenaway contributed 117 entries already.

Entries by Daniel Greenaway

Key Accounting Dates September 2025

21st August 2025/in Business, Running a business, Tax/by Daniel Greenaway

September brings a variety of Corporation Tax, VAT, PAYE, NIC, and Construction Industry Scheme (CIS) deadlines plus updated advisory fuel rates and the due date for the Economic Crime Levy.

Small Profits Threshold Explained

18th August 2025/in Running a business, Self Employed, Tax/by Daniel Greenaway

In this detailed post, we’ll explore exactly what the Small Profits Threshold is, how it’s calculated, the rates for 2025, who it applies to, and how it fits into broader self-employment tax planning.

What is Voluntary National Insurance?

16th August 2025/in Freelancers, Running a business, Self Employed, Tax/by Daniel Greenaway

If you’ve spent time working in the UK, you’ve probably paid National Insurance (NI) a key contribution that helps fund state benefits like the State Pension. But what happens if there are gaps in your NI record?

How to Use Digital Tools to Manage Your Small Business Finances

14th August 2025/in Business, Making Tax Digital, Running a business, Software/by Daniel Greenaway

How to use digital tools to manage your small business finances more efficiently. Whether you’re just starting out or looking to upgrade your current systems, you’ll find practical advice, real-world examples, and trusted resources to help you save time, reduce stress, and improve your bottom line.

How to Calculate and Maximise Your Profit Margins as a Sole Trader

13th August 2025/in Freelancers, Running a business, Self Employed/by Daniel Greenaway

In this post, we’ll break down how to calculate and maximise your profit margins as a sole trader, step-by-step. We’ll cover the different types of profit margins, why they matter, and the actionable strategies you can use to increase them.

Essential Business Tools for your Plumbing Business

11th August 2025/in Business, Self Employed, Software/by Daniel Greenaway

In this post, we’ll explore the essential business tools for plumbing business owners, with a focus on administrative, accounting, and management solutions. We’ll also include expert tips from an accounting perspective to help you improve efficiency, compliance, and profitability.

What Is Class 4 NIC?

6th August 2025/in Freelancers, Running a business, Self Employed, Tax/by Daniel Greenaway

If you’re self-employed in the UK, understanding your National Insurance obligations is vital for staying compliant and avoiding unexpected tax bills. One key component is Class 4 National Insurance Contributions (NICs). But what exactly is Class 4 NIC, how is it calculated, and when do you need to pay it?

How to Handle Corporation Tax for a Partnership or LLP

4th August 2025/in Business, Running a business, Tax/by Daniel Greenaway

In this post, we look at the essentials of how to handle corporation tax for a partnership or LLP in the UK, including the latest updates for the 2025/26 tax year. Whether you’re starting out or looking to ensure compliance, here’s what you need to know.

Borrowing Money from Your Limited Company

3rd August 2025/in Business, Limited Company, Running a business/by Daniel Greenaway

Running a limited company in the UK offers a range of financial and tax planning opportunities, but borrowing money from your own company isn’t as straightforward as transferring funds from one account to another. As a director, you need to understand the tax implications, legal rules, and reporting requirements that apply.

Can a Sole Trader Employ Staff in the UK?

31st July 2025/in Running a business, Self Employed/by Daniel Greenaway

While sole traders often operate alone, there’s no legal barrier preventing them from building a team. Whether you run a small café, offer plumbing services, or freelance in digital marketing, you may find yourself needing an extra pair of hands as your business grows.

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About Daniel Greenaway

Entries by Daniel Greenaway

Key Accounting Dates September 2025

Small Profits Threshold Explained

What is Voluntary National Insurance?

How to Use Digital Tools to Manage Your Small Business Finances

How to Calculate and Maximise Your Profit Margins as a Sole Trader

Essential Business Tools for your Plumbing Business

What Is Class 4 NIC?

How to Handle Corporation Tax for a Partnership or LLP

Borrowing Money from Your Limited Company

Can a Sole Trader Employ Staff in the UK?

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