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 File Landlord Self-Assessment in the UK

For many landlords, especially first-timers, the idea of filing a Self-Assessment can be daunting. The rules around allowable expenses, property income bands, tax relief, and deadlines can feel overwhelming.

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 Track Your Time and Boost Productivity as a Freelancer

Freelancing offers freedom, flexibility, and the chance to be your own boss. But with that independence comes a challenge: keeping track of your time. Without a manager watching the clock or a traditional 9-5 routine, it’s all too easy to lose hours.

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.

How to Balance Work and Personal Life as a Self-Employed Professional

Being your own boss sounds like the ultimate dream. Freedom. Flexibility. Control over your income and your time. But as many in the UK self-employed community will tell you, there’s a flip side: the constant juggling act between business and personal life.

Small Profits Threshold Explained

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?

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 Calculate and Maximise Your Profit Margins as a Sole Trader

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

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.
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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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