What is Double Entry Bookkeeping

Double entry bookkeeping is the foundation of proper business accounting. This guide explains how debits and credits work, why double entry matters in the UK, and how it helps you produce accurate accounts, spot errors early, and stay compliant with HMRC requirements.

How To Choose the Right Accountant

Choosing the right accountant can transform your business. This guide walks you through what to look for, the questions to ask, typical UK pricing, and how to avoid costly mistakes so you can confidently select the best accounting partner for your needs.

2026 Finance Tips & Trends to Watch Out For

Discover the key finance trends shaping 2026 - from digital tax and AI automation to cash flow resilience, fintech growth and green finance. A practical, expert-led guide for UK businesses preparing for the year ahead.

2026 Business Resolutions: Smarter Goals for a Stronger Year Ahead

From cash flow and compliance to pricing, digital systems, sustainability, and long-term planning, these practical resolutions will help UK business owners build resilience, reduce risk, and increase profitability in the year ahead.

What is the CWF1 Form?

The CWF1 form is your first step in registering as self-employed with HMRC. This post explains what it is, when you need to submit it, how to complete it online, and the key responsibilities that follow.

How to Handle and Distribute Profits in a Limited Company

Understanding how to manage and distribute profits in a limited company is essential for directors who want to stay compliant and tax-efficient. This guide explains how profits are calculated, the rules for paying dividends, the role of salaries and pensions, and how reinvesting or retaining profits can support long-term business growth.

What is Corporation Tax?

If you run a limited company in the UK, you’ll need to pay Corporation Tax. It’s one of the most important business taxes, yet many new directors find it confusing. So, what exactly is Corporation Tax? How is it calculated, who pays it, and what do you include in a company tax return?

Important January 2026 Accounting Dates and Deadlines

Stay compliant with all key January 2026 UK tax deadlines, including Self Assessment, PAYE, VAT, Corporation Tax, CIS, IR35 and more. A clear, expert guide for businesses, employers and the self-employed.

How to Calculate and Maximise a Limited Company’s Return on Investment

For every pound your limited company spends, you should be able to see what you’re getting back. That’s where your return on investment (ROI) becomes invaluable. In this post, we break down how to calculate limited company ROI, why it matters for UK directors, and the practical steps you can take to maximise the returns your business generates.

What is a Limited Company?

Thinking of starting a limited company in the UK? This post breaks down what it is, how it works, and why it’s a popular choice - plus how our sister company Formations Wise can help you set up quickly and compliantly.
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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.

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