Accounting Wise Knowledge Centre

Latest Hot Topics, Updates and Resources from Accounting Wise

Whether you’re a small business owner, freelancer, or simply looking to manage your personal finances more efficiently, our expert insights are designed to help you navigate the complexities of accounting with ease.

From tax tips and financial planning advice to the latest industry trends and software solutions, Accounting Wise is here to help.

Stay informed, stay compliant, and take control of your finances with confidence.

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Latest Accounting Articles, Business Tips and Updates

Accounting Wise - How to Register as Self-Employed in the UK

How to Register as Self-Employed in the UK

Thinking of becoming self-employed in the UK? This step-by-step guide explains exactly when and how to register with HMRC, what information you’ll need, the deadlines to watch, and the common mistakes new sole traders should avoid. Learn how Self Assessment, National Insurance, allowable expenses, and UTR registration all work - plus why getting early support from an accountant can make the process smoother and fully compliant.
Accounting Wise - Why Hiring a Remote Bookkeeper Makes Sense for UK Businesses

Why Hiring a Remote Bookkeeper Makes Sense for UK Businesses

Remote bookkeeping gives UK businesses faster, more accurate, and more cost-effective financial management through secure cloud tools and expert support. This guide explains how remote bookkeepers work, why they’re more efficient than traditional methods, and how to choose the right provider for your business.
Accounting Wise - your quick guide to essential sole trader expenses

Quick Guide to Sole Trader Expenses

Claiming the right expenses as a sole trader can significantly reduce your tax bill, but only if you understand what HMRC allows. This quick guide breaks down the rules, highlights common allowable costs, and shows you how to stay compliant while maximising your tax efficiency.
Accounting Wise - restaurant bookkeeping tips for hospitality businesses

Restaurant Bookkeeping – Essential Tips for Food and Hospitality Businesses

Restaurant and hospitality bookkeeping isn’t just about staying organised - it’s the backbone of a profitable food business. With tight margins, complex VAT rules, fast-moving stock, and constant daily transactions, pubs, cafés, and restaurants need clear, accurate financial systems to stay compliant and protect their bottom line.
Accounting Wise - Autumn budget 2025 - what it means for your business

Autumn Budget 2025 and what it means for your business?

The Autumn Budget 2025 could bring meaningful changes for SMEs, freelancers, and company directors. While we don’t know all the details until 26 November, preparing your business now is the best defence against unexpected costs.
Accounting Wise - creating a budget for your limited company

How to Create a Realistic Budget for Your Limited Company

Creating a realistic budget is one of the smartest steps a UK director can take to strengthen cash flow, control costs, and plan confidently for growth. This guide walks you through the essential budgeting process - from analysing past performance to forecasting revenue, managing expenses, planning for tax, and building a financial buffer that keeps your limited company resilient and future-ready.
Accounting Wise - key accounting dates December 2025

Key Accounting Dates December 2025

Staying ahead of your accounting and tax deadlines is one of the simplest ways to keep your business compliant and avoid any unwelcome surprises from HMRC. December might be dominated by year-end prep and the festive rush, but there are still several important dates that UK business owners, freelancers, and employers need to keep firmly on their radar.
Accounting Wise - what are cis returns

What are CIS Returns – A Guide for UK Contractors

Understanding CIS Returns is essential for staying compliant as a UK contractor. This guide breaks down how CIS works, who must file, key deadlines, common mistakes, and how subcontractors reclaim tax. Perfect for contractors who want a stress-free, penalty-free approach to CIS compliance.

Featured Articles

Accounting Wise - Autumn budget 2025 - what it means for your business

Autumn Budget 2025 and what it means for your business?

The Autumn Budget 2025 could bring meaningful changes for SMEs, freelancers, and company directors. While we don’t know all the details until 26 November, preparing your business now is the best defence against unexpected costs.
Accounting Wise - Companies House ID Verification Changes

Companies House ID Verification Changes

Companies House has been rolling out voluntary identity verification for company directors, Persons with Significant Control (PSCs), and individuals submitting filings on behalf of a company. This forms part of a wider set of reforms introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCTA).
Accounting Wise - Navigating April 2025 UK Tax Changes

Navigating April 2025 Tax Changes

As we edge closer to the conclusion of the 2024/25 tax year on 5 April 2025, it’s the perfect time to explore the key tax changes set to take effect this year.