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 - How to Track and Manage Expenses for Your Sole Trader Business

How to Track and Manage Expenses for Your Sole Trader Business

Everything you need to know about tracking sole trader expenses from setting up systems and tools to common pitfalls to avoid.
Accounting Wise - how to reinvest in partnership business for growth

How to Reinvest in your Partnership Business for Growth

Running a partnership business in the UK offers flexibility, shared responsibilities, and the ability to pool resources and skills. But once your partnership begins generating profits, one of the most critical decisions you and your partners face is what to do with those profits.
Accounting Wise - Dividends and Salaries for Maximum Limited Company Tax Savings

How to Structure Dividends and Salaries for Limited Company Tax Savings

Running your own limited company in the UK offers you more flexibility and control than being self-employed. But with that flexibility comes responsibility particularly when it comes to deciding how you pay yourself.
Accounting Wise - How to Structure Profit Shares in a UK Limited Liability Partnership

How to Structure Profit Shares in a UK Limited Liability Partnership

Unlike a limited company, where profits are usually distributed as dividends in proportion to shareholdings, an LLP allows its members (sometimes called partners) to decide for themselves how profits should be divided.
Accounting Wise - How to Track Your Time and Boost Productivity as a Freelancer

How to Track Your Time and Boost Productivity as a Freelancer

Freelancing offers freedom, flexibility, and the chance to be your own boss. But with that independence comes a challenge: keeping track of your time. Without a manager watching the clock or a traditional 9-5 routine, it’s all too easy to lose hours.
Accounting Wise - How to Manage Cash Flow Effectively in Your Electrician Business

How to Manage Cash Flow Effectively in Your Electrician Business

Running an electrician business in the UK is rewarding but financially demanding. Even with a diary full of jobs, many electricians face the same challenge: cash flow problems.
Accounting Wise - how to choose the right e-commerce platform

How to Choose the Right E-commerce Platform for Your Business

In today’s digital-first world, selling online is essential for growth. But with so many platforms available from Shopify and WooCommerce to BigCommerce and Squarespace choosing the right e-commerce platform can feel overwhelming.
Accounting Wise - what is plastic packaging tax (PPT)

What is Plastic Packaging Tax (PPT)?

Plastic is everywhere in modern life from food packaging and drink bottles to e-commerce deliveries. But with growing concern about plastic waste and its environmental impact, the UK government has introduced the Plastic Packaging Tax (PPT) to encourage businesses to use more sustainable alternatives.

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.