This author has not written his bio yet.
But we are proud to say that Daniel Greenaway contributed 122 entries already.
As more UK businesses embrace digital operations, the way they handle their finances is evolving too. Traditional accountancy – with face-to-face meetings, piles of paperwork, and fixed office hours – is rapidly being replaced by virtual accountants offering a flexible, digital-first approach.
For many people, completing a Self Assessment tax return can feel daunting – especially if it’s your first time. One of the most common stumbling blocks is simply knowing which documents you need to gather before you start.
As an employer in the UK, you’re legally required to provide Statutory Sick Pay (SSP) to eligible employees who are off work due to illness. But with qualifying conditions, payment thresholds, and HMRC reporting obligations, it’s crucial to understand the SSP rules for employers to ensure compliance and fair treatment of your staff.
If you’re a freelancer in the UK, understanding and managing your self assessment tax obligations is essential. Whether you’re just starting out or have been self-employed for years, getting your tax return right means avoiding penalties, maximising allowable expenses, and staying in control of your income.
In this post, we unpack exactly what a personal service company is, where it fits within the IR35/off‑payroll working rules, how recent and upcoming changes affect you, and the practical steps to stay compliant while running a sustainable business.
The end of the financial year is a critical time for any small business owner in the UK. It’s when you need to ensure all your financial records are in order, your accounts are up to date, and you’re ready to submit your tax returns.
If you own property in the UK but live overseas, you’re not exempt from UK tax rules. Any rental income you receive from UK property may still be subject to UK tax and this is where HMRC’s Non-Resident Landlord (NRL) Scheme comes in.
If your business operates across borders, you are likely to encounter the concept of withholding tax. This is a tax that is deducted at source – meaning it is taken out of certain types of payments before the recipient receives the funds.
PILON is a common feature in UK employment law and can appear in both standard contracts and negotiated settlement agreements. It’s important for both employers and employees to understand how it works, because it affects contractual rights, final pay calculations, and even tax treatment.
In the UK, debt financing for small business is one of the most common and accessible ways to raise capital. From traditional bank loans to alternative online lenders, government-backed schemes, and trade credit, debt financing provides a crucial lifeline for businesses that need funds without giving up ownership.
Free company formation with our Pre-Built or Bespoke Accounting packages!
All official documents provided
Online Hub to manage your company
London Registered office Address
Your own incorporated limited company
Get started with the right accounting solution for your business
Interested in Accounting Wise?
Accounting Wise is a trading style of Accounting Wise Ltd, a limited company registered in England under company number 09365202. Our registered office is: The Carriages, Station Road, Ware, SG12 9PL UK.
Content is for general information only. Always take advice.
This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.
OKWe may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.
We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Google reCaptcha Settings:
Vimeo and Youtube video embeds:
You can read about our cookies and privacy settings in detail on our Privacy Policy Page.
Privacy Policy