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Continuity of service is a key concept in UK employment law. It refers to the length of time an employee has been continuously employed by the same employer and it directly affects their eligibility for key employment rights such as redundancy pay, notice periods, and protection from unfair dismissal.
Running a business comes with plenty of financial responsibilities and just as many questions. Whether you’re a sole trader, limited company, or freelancer, understanding the basics of business accounting is key to staying compliant, efficient, and profitable.
Mistakes in tax payments can happen, and businesses sometimes overpay HMRC. The good news is that reclaiming overpaid tax is possible, provided you follow the correct procedures.
In this guide, we will walk you through some of the steps of preparing for an HMRC tax inspection, what to expect during the audit, and the best practices for ensuring that everything runs smoothly.
As a limited company in the UK, there are various legal and financial obligations you must meet, one of which is determining whether an external audit of your company’s accounts is required.
With more businesses and employees embracing remote work, the topic of work from home expenses has become increasingly relevant. If you’re working from home, it’s important to understand which expenses you can claim and how to go about it.
In this post, we’ve compiled all the key accounting and tax deadlines for July 2025 to help you stay organised and prepared.
We break down what a EORI number is, why it’s important for UK businesses involved in cross-border trade, and how to apply for one quickly and correctly.
As part of a wider effort to improve corporate transparency and reduce economic crime, the UK government is introducing stricter requirements around company formation and reporting. Central to this is the new role of the Authorised Corporate Service Provider (ACSP).
Salary sacrifice schemes are becoming an increasingly popular option for employees and employers in the UK. These schemes allow employees to exchange part of their salary for benefits, usually leading to both tax savings and a boost in overall job satisfaction.
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Accounting Wise is a trading style of Accounting Wise Ltd, a limited company registered in England under company number 09365202. Our registered office is: The Carriages, Station Road, Ware, SG12 9PL UK.
Content is for general information only. Always take advice.
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