
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.

The Importance of Small Business Budgeting: How to Create a Budget that Works
In this post, we'll explore why budgeting is crucial for small businesses, provide a step-by-step process for creating an effective budget, and discuss tools and best practices for maintaining financial discipline.

How to Plan Your Retirement as a UK Business Owner
Planning for retirement as a UK business owner? Learn about small business retirement plans, tax-saving options, and how to secure your financial future today.

Key Accounting Dates for UK Businesses in March 2025
In this guide, we'll outline the key accounting dates for UK businesses in March 2025, helping you plan ahead and keep your finances in order.

How to Set Up a PAYE Scheme for Your UK Business
In this guide, we’ll take you through the step-by-step process of setting up a PAYE scheme for your business, ensuring you meet your legal obligations while managing payroll efficiently.

8 Benefits of Business Insurance: Protecting Your Business Assets
In this article, we’ll explore the top benefits of business insurance and why it’s an essential investment for businesses of all sizes.

Understanding the Difference Between Net and Gross Profit: Why It Matters for Your Business
Two key metrics that often cause confusion are gross profit and net profit. In this guide, we’ll break down the differences between the two, how to calculate them, and why they matter for your business.

What is Business Equity?
Understanding business equity is key to making informed financial decisions and ensuring the long-term success of your company. At Accounting Wise, we break down this essential concept to help you navigate the world of business finance.

Small Business Cash Flow: Tips to Improve and Manage Your Finances
Learn how to manage small business cash flow effectively. Discover strategies to improve cash flow, avoid shortages, and keep your business thriving.

Key Accounting Dates for UK Businesses in February 2025
Staying on top of key accounting dates is crucial for any business in the UK. Missing deadlines can result in penalties, interest, or unnecessary stress. In February 2025, several important tax and filing deadlines are fast approaching