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.

Accounting Knowledge Centre Hero Image

Latest Accounting Articles, Business Tips and Updates

Accounting Wise - how to register for corporation tax in the UK

How to Register for Corporation Tax in the UK

If you’ve recently set up a limited company in the UK, one of your key responsibilities is registering for Corporation Tax with HMRC. Failure to do so on time can result in fines, so it’s essential to understand the process and deadlines.
100325 - Accounting Wise - retained earnings explained

Retained Earnings Explained

In this guide, we give you a complete retained earnings explanation, how they are calculated, and why they are important for your company’s financial strategy.
how to account for R&D tax credits - accounting wise

How to Account for R&D Tax Credits in Your Limited Company

Research and Development (R&D) tax credits are a valuable incentive for limited companies in the UK that are involved in innovation and technological advancements.
Understanding the Differences Between Accrual and Cash Accounting

Understanding the Differences Between Accrual and Cash Accounting

The two most common methods used for accounting are accrual accounting and cash accounting. Each method has its own advantages and disadvantages, and choosing the right one depends on your business size, the complexity of your transactions, and your financial goals.
The Difference Between Bookkeeping and Accounting - Accounting Wise

The Difference Between Bookkeeping and Accounting

Though these terms are often used interchangeably, they refer to distinct processes that play crucial roles in your financial management strategy.
How to Plan Your Retirement as a UK Business Owner: Retirement for small business owners

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 - accounting wise

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

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.

Featured Articles

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 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.