Year End Accounts Checklist UK

The end of the financial year is a critical time for any small business owner in the UK. It's when you need to ensure all your financial records are in order, your accounts are up to date, and you’re ready to submit your tax returns.

A UK Business Guide to Withholding Tax Limits

If your business operates across borders, you are likely to encounter the concept of withholding tax. This is a tax that is deducted at source – meaning it is taken out of certain types of payments before the recipient receives the funds.

What is PILON? A Guide to Payment in Lieu of Notice

PILON is a common feature in UK employment law and can appear in both standard contracts and negotiated settlement agreements. It’s important for both employers and employees to understand how it works, because it affects contractual rights, final pay calculations, and even tax treatment.

What is Debt Financing for Small Businesses

In the UK, debt financing for small business is one of the most common and accessible ways to raise capital. From traditional bank loans to alternative online lenders, government-backed schemes, and trade credit, debt financing provides a crucial lifeline for businesses that need funds without giving up ownership.

Tax, eBay Stores and the HMRC

Running an eBay store in the UK can be a profitable side hustle or a full-time business. But while listing, selling, and shipping products may be your main focus, understanding your tax responsibilities is just as important.

How to Create Accurate Contractor Cost Estimates

Accurate estimates are more than a pricing exercise they’re the foundation of sustainable business. They protect your margins, win client confidence, and help you manage cash flow effectively.

How to Track and Manage Expenses for Your Sole Trader Business

Everything you need to know about tracking sole trader expenses from setting up systems and tools to common pitfalls to avoid.

How to Reinvest in your Partnership Business for Growth

Running a partnership business in the UK offers flexibility, shared responsibilities, and the ability to pool resources and skills. But once your partnership begins generating profits, one of the most critical decisions you and your partners face is what to do with those profits.

How to Structure Profit Shares in a UK Limited Liability Partnership

Unlike a limited company, where profits are usually distributed as dividends in proportion to shareholdings, an LLP allows its members (sometimes called partners) to decide for themselves how profits should be divided.

How to Manage Cash Flow Effectively in Your Electrician Business

Running an electrician business in the UK is rewarding but financially demanding. Even with a diary full of jobs, many electricians face the same challenge: cash flow problems.
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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.