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

What is a Confirmation Statement and Why Does Your Business Need It?

Whether you’re a new business owner or managing an established company, understanding the Confirmation Statement and its significance can help you avoid penalties and ensure your business stays on the right side of the law.
setting up a limited company with accounting wise

How to set up a limited company – we make it easy

We show you how to set up a limited company. Define your brand, own everything you do, and run your business in the most tax-efficient way.
Can clothing be claimed on expenses? Accounting Wise

Can Clothes Be Claimed for as a Business Expense?

Tax and expenses can be confusing at the best of times, especially when working out what counts as an allowable business expense!
Dividend Taxes Explained

UK Dividend Tax Explained: Step-By-Step Guide

Dividends are payments made to company shareholders from the profits of a company after Corporation Tax has been accounted for.
how to set up a personal tax account

How to Set Up Your Personal Tax Account With HMRC

In this comprehensive guide, we will walk you through the process of how to set up a personal tax account, ensuring that you have all the necessary information at your fingertips to manage your taxes with ease and confidence.
Do I Have to Do a Self Assessment Tax Return - accounting wise

Do I have to complete a Self Assessment tax return?

Amongst all of the legal documentation that your business needs to operate successfully and within the law, a self assessment is one of the most important.
What is a government gateway ID and where to find it - accounting wise

What is a government gateway ID and where to find it

We’ve delve into the ins and outs of a government gateway ID so you have all the information covered if you ever need to set one up or what to do in the event that you lose it.
how to register as a sole trader - Accounting Wise

How to Register as a Sole Trader

One of the first decisions to make when registering as a sole trader is choosing between the pros and cons of different business structures. If you’ve decided to become a sole trader, that’s already progress!

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.