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 Non-Resident Landlord (NRL) Scheme

What is Non-Resident Landlord (NRL) Scheme

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.
Accounting Wise - UK Business Guide to Withholding Tax Limits

A UK Business Guide to Withholding Tax Limits

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.
Accounting Wise - what is PILON a guide to payment in lieu of notice

What is PILON? A Guide to Payment in Lieu of Notice

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.
Accounting Wise - Debt Financing for Small Businesses Overview

What is Debt Financing for Small Businesses

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.
Accounting Wise - tax, ebay stores and the HMRC

Tax, eBay Stores and the HMRC

Running an eBay store in the UK can be a profitable side hustle or a full-time business. But while listing, selling, and shipping products may be your main focus, understanding your tax responsibilities is just as important.
Accounting Wise - key accounting dates for October 2025

Key Accounting Dates for October 2025

October is a busy month for UK businesses when it comes to tax and compliance. From Corporation Tax payments and returns to Self Assessment notifications, PAYE, CIS, and even Plastic Packaging Tax, there are several key deadlines that business owners need to keep firmly on their radar.
Accounting Wise - How to File Landlord Self-Assessment in the UK

How to File Landlord Self-Assessment in the UK

For many landlords, especially first-timers, the idea of filing a Self-Assessment can be daunting. The rules around allowable expenses, property income bands, tax relief, and deadlines can feel overwhelming.
Accounting Wise - How to Create Accurate Contractor Cost Estimates

How to Create Accurate Contractor Cost Estimates

Accurate estimates are more than a pricing exercise they’re the foundation of sustainable business. They protect your margins, win client confidence, and help you manage cash flow effectively.

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.