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 - quick Guide to Pensions for the Self-Employed

Quick Guide to Pensions for the Self-Employed

A clear, practical quick guide to pensions for the self-employed, covering the best pension options, tax relief, contribution strategies and how to build a secure retirement plan when you work for yourself.
Accounting Wise - What is the CWF1 Form

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.
Accounting Wise - handle and distribute profits in a limited company

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.
Accounting Wise - What is Corporation Tax

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?
Accounting Wise - Important UK Accounting Deadlines January 2026

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.
Accounting Wise - The Best Accounting Software for Contractors in the UK

The Best Accounting Software for Contractors in the UK

A clear guide to the best accounting software for UK contractors, comparing Xero, QuickBooks, FreeAgent, Zoho Books, Sage and The Balance App to help you choose the right tool for your business.
Accounting Wise - calculating your limited company’s ROI

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.
Accounting Wise - what is a limited company

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.

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.