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 - Tax Advice for Landlords A Guide to Your Tax -

Tax Advice for Landlords: A Guide to Your Tax

Owning and managing a property portfolio in the UK can be a lucrative investment, but it comes with its own set of tax responsibilities. Whether you’re renting out a single property or managing an entire portfolio, understanding your tax obligations and how to minimise them is crucial to maintaining healthy profit margins.
Accounting Wise - What are Double Taxation Treaties

What are Double Taxation Treaties?

Paying tax once is enough - so what happens when you earn income abroad? Without safeguards in place, you could be taxed twice: once by the UK and again by the country where the income originates. That’s where double taxation treaties come in.
Accounting Wise - a guide to bookkeeping for shopify store owners

A Guide to Bookkeeping for Shopify Store Owners

Running a Shopify store in the UK is an exciting opportunity, but along with sales and growth comes the responsibility of proper bookkeeping. Whether you're just getting started or scaling your online business, understanding bookkeeping for Shopify is essential for staying compliant, profitable, and financially in control.
Accounting Wise - Key Accounting Dates May 2025 - Accounting Wise

Key Accounting Dates May 2025

As a small business owner, staying on top of important tax deadlines is crucial to avoid penalties and ensure your operations run smoothly. May 2025 brings several key tax dates that all UK businesses must be aware of, from Corporation Tax returns to VAT payments and employee tax forms.
Accounting Wise - what is a unique taxpayer reference (UTR)

What Is a Unique Taxpayer Reference (UTR)?

When starting a business or becoming self-employed in the UK, there are plenty of forms and numbers you need to keep track of. One of the most important identifiers you’ll encounter is the Unique Taxpayer Reference (UTR) number.
Accounting Wise - What are the Benefits of Paying Corporation Tax Early

What are the Benefits of Paying Corporation Tax Early?

Discover why UK companies choose to pay corporation tax early. Learn the benefits, HMRC interest rules, and how early payment can support your business.
Accounting Wise - what is national insurance

What is National Insurance?

This National Insurance overview aims to provide a detailed understanding of National Insurance, covering its purpose, the rates at which contributions are calculated, and the impact it has on your entitlement to state benefits and retirement planning.
Accounting Wise - what is tax residency

What Is Tax Residency?

Tax residency is a term that might sound niche - but it plays a major role in determining how much tax you owe, where you owe it, and what you need to report.

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.