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Unsure about Making Tax Digital? We’re here to help.![]()
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From April 2026, self-employed individuals and landlords earning over £50,000 will be required to follow Making Tax Digital (MTD) rules, using approved software to keep records and submit updates.![]()
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At McColes & Co Chartered Accountants, we'll make your transition to Making Tax Digital simple, stress-free and fully compliant. Whether you’re a sole trader, landlord, or small business, our team can guide you through the right software, setup, and ongoing submissions :![]()
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✅ MTD-compliant software setup![]()
✅ Digital record-keeping support![]()
✅ Expert guidance and filing![]()
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🔗 Visit mccoles.co.uk or get in touch with our Baldock team to get started.![]()
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#MakingTaxDigital #MTD #McColes #TaxSupport #SmallBusinessUK #Baldock #HertsBusiness #Letchworth
As a business owner, keeping up to date with your tax obligations can feel overwhelming. At McColes & Co Chartered Accountants, we specialise in clear, practical tax advice tailored to small businesses, helping you save time, reduce stress and stay compliant.![]()
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Whether it’s understanding allowable expenses, planning for VAT, or making sure you don’t miss important deadlines — we’ve got you covered.![]()
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Let us take the hassle out of tax so you can focus on growing your business.![]()
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Book in your free initial consultation with our Baldock team today.![]()
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#SmallBusiness #TaxAdvice #Accountant #Baldock #Letchworth #Royston #CharteredAccountant #HertsBusiness
Just a reminder to keep the High Street clear from 10am on Wed! ![]()
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#baldock #charterfair
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Deadline Alert: Register for Self Assessment by 5th October!![]()
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If you’ve become self-employed or started earning untaxed income (like side hustles, property rental, or freelance work), you must register for Self-Assessment with HMRC by 5th October following the end of the tax year.![]()
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Why register?![]()
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- It lets HMRC know you need to file a tax return.![]()
- You’ll get a Unique Taxpayer Reference (UTR) and access to your online account.![]()
- Missing the deadline could mean penalties or delays in filing.![]()
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Need help registering or filing? Our Baldock team is here to make it stress-free. Contact us today!![]()
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#selfassessment #sidehustle #landlord #mccoles #charteredaccountant #hertsbusiness #letchworth #baldock #accountant
We were interested to see recent research by Ink Digital which revealed that over 39% of us in the UK now have a side hustle - partly in response to the continued high cost of living but also to help achieve a better work-life balance, with more flexible and fulfilling ways of working. ![]()
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So what are the top side hustles out there? Ink Digital has created the Ultimate UK Side Hustle Index 2025 based on a number of factors, including average earnings, experience needed, age suitability, popularity and growth:![]()
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Top Ten UK Side Hustles 2025 (with average monthly earnings where available):![]()
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1. YouTuber (£3900 a month)![]()
2. Airbnb Host (£3500 a month)![]()
3. Uber Driver (£2,600 a month)![]()
4. Deliveroo / UberEats driver (£2,400 a month)![]()
5. Photography (£1,200 a month)![]()
6. Selling digital products ![]()
7. Freelance writing![]()
8. Calligraphy (wedding signage & stationery) - £1400 a month![]()
9. Voiceovers![]()
10. Personal Training (£1800 a month)![]()
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Read more at buff.ly/6iQoPwv![]()
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Don't forget, if your side hustle earns more than £1k a year, you'll need to complete a Self-Assessment tax return. The good news is that we can handle this and any other HMRC admin for you. Book in for a free chat today and find out the many ways in which we can help support and grow your side hustle.![]()
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#McColes #CharteredAccountant #SideHustle #Baldock #HertsBusiness #Accountant #SelfAssessment #BusinessAdvice
Client reviews
Lisa helped us set up our business over ten years ago and has remained our accountant ever since. We can always rely on her and the team for support and advice. Whether you are setting up a new business or looking for help with an existing one, we wholeheartedly recommend McColes & Co.
Elwyn Simmons
Apollo Interiors