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 - Spreadsheet Errors. Real Costs

Small Spreadsheet Errors Can Lead to Big Accounting Mistakes

Discover how small spreadsheet errors can turn into costly accounting mistakes, and why moving to accounting software or working with an accountant can give your business more accurate, reliable financial records.
Accounting Wise - key UK accounting dates October 2026

Key UK Accounting Dates October 2026

October brings a packed UK tax calendar, from Self Assessment registration to Corporation Tax, VAT, PAYE, CIS and PAYE Settlement Agreement deadlines. Here's everything you need to know for October 2026.
Accounting Wise - identifying and dealing with HMRC scam letters

Identifying and Dealing with HMRC Scam Letters

HMRC scam letters are getting harder to spot, and genuine tax correspondence can carry the same urgency as a fraudulent one. This article looks at the warning signs to look for, how to verify a letter independently through GOV.UK, and what to do if you think you or your business has been targeted.
Accounting Wise - is freelance the same as being self-employed

Is freelance the same as being Self-Employed

Freelancer and self-employed are often used as if they mean the same thing, but HMRC treats them differently. This article explains what separates the two, when you need to register for Self Assessment, and how Making Tax Digital now affects higher-earning sole traders.
Accounting Wise - self assessment records - what to keep and for how long

Self Assessment Records – What to Keep and for How Long

A practical guide to Self Assessment record keeping for sole traders and landlords, covering which records HMRC expects, retention periods, digital records and Making Tax Digital for Income Tax.
Accounting Wise - how to provide proof of income when you’re self-employed

How to Provide Proof of Income When You’re Self-Employed

When you are self-employed there is no employer to confirm what you earn, so lenders and landlords expect tax and financial records instead. This post goes over what might count as proof of income, how to get an SA302 from HMRC, what mortgage lenders look for and how good bookkeeping makes it all easier.
Accounting Wise - how to calculate holiday pay in the UK

How to Calculate Holiday Pay

Calculating holiday pay correctly is a key payroll responsibility, and it becomes more complex with overtime, commission, irregular hours or part-year work. This post goes over how to work out holiday pay for different types of worker, alongside the 12.07% accrual method, rolled-up holiday pay, final pay and more
Accounting Wise - Important Accounting Dates September 2026

Important Accounting Dates September 2026

Your month-at-a-glance guide to some of the key accounting and tax deadline falling in September 2026, from quarterly VAT returns and monthly payroll payments to corporation tax and the Economic Crime Levy, with practical advice for staying compliant.

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.