Make the Honey Cake:
- Preheat oven to 350 degrees. Â Butter and lightly flour three 8″ round pans.
- In medium bowl, whisk together the flour, baking powder and salt. Â Set aside.
- In small bowl, mix together the buttermilk, honey and vanilla. Â Set aside.
- In bowl of stand mixer fitted with the paddle attachment, beat the butter and sugar on medium speed 4 minutes until fluffy.
- Add eggs, one at a time, beating well after each addition and scraping down sides of bowl as needed.
- Gradually add the dry and wet ingredients, alternating, starting and ending with dry ingredients. Â Mix until just combined, being careful not to over mix.
- Divide batter evenly between the three 8″ round pans.
- Bake for 30-35 minutes, until toothpick inserted into center comes out clean.
- Let cool in pans for 10 to 15 minutes, then remove to wire rack to finish cooling.
Make the Honey Cream Cheese Frosting:
- In bowl of stand mixer fitted with the paddle attachment, beat butter and cream cheese until combined.
- Gradually add confectioners’ sugar and continue to mix, scraping down sides of bowl as needed.
- Add honey and mix until smooth.
Make the Honey Butterscotch Glaze:
- Combine sugar and honey in a medium pan over medium heat. Â Stir until the sugar dissolves and you have a liquid.
- Continue to cook without stirring, swirling pan occasionally. Â Mixture will bubble and start to darken in color.
- Once mixture is butterscotch brown, stir using a wooden spoon and remove from heat.
- Carefully pour in the cream and stir until combined.
- Add butter and stir until smooth. Â Add salt and stir once more.
- Let sauce cool completely before using on the cake! Â This can be made in advance and stored in the refrigerator. Â Allow glaze to come to room temperature before using so that it pours easily.
Assemble the Cake:
- Place one layer of cake onto serving plate or cake stand and top with about one cup of honey cream cheese frosting. Â Repeat with second cake layer, more frosting and then last layer of cake.
- Crumb coat and frost cake with remaining frosting. Refrigerate for 20 minutes or until frosting is set.
- Drizzle butterscotch glaze over the top with small drips overflowing the edge. Refrigerate for 20 minutes or until glaze is set.  Sprinkle top with gold sanding sugar, if desired.