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 - what is the standard auto-enrolment pension contribution in the UK

What Is the Standard Auto-enrolment Pension Contribution in the UK?

Saving for retirement is a critical part of financial planning, and in the UK, workplace pensions make it easier for employees to build a nest egg. Thanks to the government’s auto-enrolment scheme, both employees and employers contribute to a pension pot. But what are the standard contribution rates, and how do they work?
Accounting Wise - Top Tools for Freelancers in the UK (2025 Edition)

Top Tools for Freelancers in the UK (2025 Edition)

The right digital tools can make your freelancer life easier, your business more efficient, and your clients happier. In this guide, we highlight the top tools for freelancers in the UK covering everything from time tracking to tax returns.
Accounting Wise - how to calculate your hourly rate as a freelancer in the UK

How to Calculate Your Hourly Rate as a Freelancer in the UK

Whether you’re just starting out or looking to adjust your current pricing, understanding how to calculate your hourly rate as a freelancer is a critical step in building a sustainable and successful freelance business. Setting the right rate ensures you earn enough to cover your costs, reflect your skills and experience, and plan for the future.
Accounting Wise - Calculating Break-even Points

How to Calculate Your Break-Even Point and Why It Matters

Understanding how to calculate your break-even point is one of the most important steps in running a profitable business. Whether you're launching a new product, reviewing your pricing strategy, or seeking funding, knowing the moment your business starts to cover its costs is essential.
Accounting Wise - What is Corporation Tax

What is Corporation Tax and How Does It Affect Your UK Business?

If you run a limited company in the UK, you’ve likely encountered Corporation Tax - one of your business’s most important financial obligations. But what exactly is it, how much do you need to pay, and what are the consequences of getting it wrong?
Accounting Wise - Key Accounting Dates - June 2025

Key Accounting Dates June 2025

Staying on top of your accounting deadlines is essential for keeping your business compliant and avoiding penalties. Whether you're managing Corporation Tax, PAYE, VAT, or CIS obligations, June 2025 brings a number of key dates that UK businesses need to be aware of.
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.

Featured Articles

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.
What does the 2024 budget mean for your small business - accounting wise

What does the 2024 UK budget mean for your business?

What does this Budget mean for businesses? Let’s break down the key announcements to see how they could affect your company.