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 - capital gains for landlords selling properties

Capital Gains Tax When Selling Rental Properties Guide for UK Landlords

In this post, we’ll explain everything you need to know about Capital Gains Tax when selling rental properties in the UK, from how it’s calculated to the latest rates for 2025, key exemptions, and proven strategies to legally reduce your liability.
Inheritance Tax Planning for UK Business Owners

Inheritance Tax Planning for UK Business Owners

As a business owner in the UK, one of your top priorities should be ensuring the future of your business, particularly when it comes to passing it down to the next generation or other beneficiaries.
Accounting Wise - the importance of worklife balance for the self employed

How to Balance Work and Personal Life as a Self-Employed Professional

Being your own boss sounds like the ultimate dream. Freedom. Flexibility. Control over your income and your time. But as many in the UK self-employed community will tell you, there’s a flip side: the constant juggling act between business and personal life.
Accounting Wise - key UK accounting dates for September 2025 -NEW

Key Accounting Dates September 2025

September brings a variety of Corporation Tax, VAT, PAYE, NIC, and Construction Industry Scheme (CIS) deadlines plus updated advisory fuel rates and the due date for the Economic Crime Levy.
Accounting Wise - what is the small profits threshold

Small Profits Threshold Explained

In this detailed post, we’ll explore exactly what the Small Profits Threshold is, how it’s calculated, the rates for 2025, who it applies to, and how it fits into broader self-employment tax planning.
Accounting Wise - what is voluntary national insurance

What is Voluntary National Insurance?

If you’ve spent time working in the UK, you’ve probably paid National Insurance (NI) a key contribution that helps fund state benefits like the State Pension. But what happens if there are gaps in your NI record?
Accounting Wise - How to Use Digital Tools to Manage Your Small Business Finances

How to Use Digital Tools to Manage Your Small Business Finances

How to use digital tools to manage your small business finances more efficiently. Whether you’re just starting out or looking to upgrade your current systems, you’ll find practical advice, real-world examples, and trusted resources to help you save time, reduce stress, and improve your bottom line.
How to Calculate and Maximise Your Profit Margins as a Sole Trader

How to Calculate and Maximise Your Profit Margins as a Sole Trader

In this post, we’ll break down how to calculate and maximise your profit margins as a sole trader, step-by-step. We’ll cover the different types of profit margins, why they matter, and the actionable strategies you can use to increase them.

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.