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.

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.

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.

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.

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.

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.

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.

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.

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?

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.
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Accounting Wise is a trading style of Accounting Wise Ltd, a limited company registered in England under company number 09365202. Our registered office is: The Carriages, Station Road, Ware, SG12 9PL UK.

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