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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
Every business reaches a point where growth slows, challenges feel overwhelming, or the next step just isn’t clear. If you’re unsure what to do next, you’re not alone — and you don’t have to face it on your own.![]()
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At McColes & Co Chartered Accountants, we specialise in helping business owners step back, assess their position and build a clear, practical roadmap forward. Whether it’s refining your strategy, improving financial performance or exploring new opportunities, our expert team provides the guidance and support you need to regain momentum.![]()
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Your business has potential. We’ll help you unlock it.![]()
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Book in for a free business consultation today.![]()
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#BusinessSupport #StrategicAdvice #McColes #Baldock #Accountant #CharteredAccountant #HertsBusiness #Letchworth #Royston
Another great event in Baldock this weekend - Balstock Music Festival 👏![]()
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#Baldock #Balstock
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The Autumn Budget will take place on 26th November 2025, but what changes can small business owners expect? No one knows for sure, but current speculation predicts:![]()
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1. Business Rates Adjustments![]()
The current Retail, Hospitality & Leisure (RHL) relief—covering 75% of rates—is set to drop to 40%, capped at £110,000, escalating costs for many smaller operators.![]()
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2. VAT Reforms & Threshold Speculation![]()
No change to the headline VAT rate (20%) is expected, but the VAT registration threshold may be adjusted.![]()
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3. New or "Stealth" Business-Focused Levies![]()
With major taxes (income tax, VAT, National Insurance) off-limits per manifesto pledges, the Chancellor may introduce:![]()
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- National Insurance on landlords’ rental income![]()
- Reforms to Capital Gains Tax (CGT), Inheritance Tax (IHT) and pension tax reliefs![]()
- New targeted levies—e.g., on high-value property transfers or wealth—commonly referred to as "stealth taxes."![]()
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4. Productivity & Investment Focus![]()
The Chancellor has emphasised that boosting productivity will be at the heart of the Budget - through new infrastructure investments and reforms that smooth planning and reduce red tape.![]()
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Whatever changes are introduced, we'll be keeping you updated.![]()
If you need any expert advice for your business, get in touch to book a FREE initial consultation with our Baldock team.![]()
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#McColes #Baldock #smallbusinessadvice #AutumnBudget #AutumnStatement #accountant #CharteredAccountant
VAT can feel like a minefield for small businesses.![]()
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That’s why we're here to make it simple:![]()
✅ Help with VAT registration![]()
✅ Filing returns on time![]()
✅ Staying compliant with HMRC![]()
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Less stress. More time to grow your business.![]()
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Message us today and let us take the hassle out of VAT.![]()
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#SmallBusiness #VAT #McColes #Accountant #CharteredAccountant #Baldock #hertsbusiness
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