McColes & Co Chartered Accountants

McColes & Co Chartered Accountants Chartered Accountants
(1)

If your 31st July Payment on Account is due and you're worried about paying it in full, don't ignore it.HMRC's Time to P...
13/07/2026

If your 31st July Payment on Account is due and you're worried about paying it in full, don't ignore it.

HMRC's Time to Pay service may allow you to spread the cost through affordable monthly instalments, helping you avoid further financial pressure.

It's important to act before the payment deadline, as leaving it too late could result in interest and penalties.

If you're unsure of your options or need advice, the team at McColes & Co can help you understand what's available and keep you on track.

Get in touch today for friendly, professional advice from our Baldock team.

A reminder for Self Assessment taxpayers: your second payment on account is due by 31 July.This applies if HMRC has aske...
06/07/2026

A reminder for Self Assessment taxpayers: your second payment on account is due by 31 July.

This applies if HMRC has asked you to make payments on account towards your next tax bill.

If you are worried about meeting the payment deadline, do not panic. You may be able to spread the cost by setting up a Time to Pay instalment plan via GOV.UK before the deadline.

Acting early can help reduce the risk of penalties and late-payment interest, so it's important not to leave it until the last minute.

If you need any support with Self-Assessment, our Baldock team is here to help - get in touch today.

From 25 June to 1 September 2026, a temporary 5% VAT rate will apply to certain family-focused supplies, including some ...
29/06/2026

From 25 June to 1 September 2026, a temporary 5% VAT rate will apply to certain family-focused supplies, including some children’s meals, children’s tickets for cinemas, theatres, concerts, exhibitions and shows, and admission to qualifying attractions.

If your business is participating, now is the time to:

✅ Check which sales qualify
✅ Update tills, booking systems and pricing
✅ Make sure children’s meals/tickets are clearly marketed and priced
✅ Review bundles, add-ons and upgrades separately
✅ Keep clear VAT records and adjust prepayments where needed

Not every sale will qualify, so it is important to apply the rules carefully.

Need help understanding how the temporary VAT change affects your business? Speak to our Baldock team today.

Small Business Saturday UK is celebrating the Nation's Favourite Businesses for 2026 - shining a spotlight on the small ...
22/06/2026

Small Business Saturday UK is celebrating the Nation's Favourite Businesses for 2026 - shining a spotlight on the small businesses that make a real difference in their communities.

Successful businesses receive national recognition, PR opportunities, social media exposure and invitations to prestigious events. Applications close on 30th June.

Every nomination helps highlight the importance of trusted local businesses and the role they play in supporting their communities.

Enter at: https://buff.ly/vu2vdUX

Starting a business is exciting, but it can also feel overwhelming. From choosing the right business structure to regist...
15/06/2026

Starting a business is exciting, but it can also feel overwhelming. From choosing the right business structure to registering with HMRC, setting up bookkeeping systems and understanding your tax responsibilities, there's a lot to consider.

That's where we can help.

At McColes & Co, we work with start-ups and growing businesses, providing practical, jargon-free advice to help you get off to the best possible start. Whether you're launching a side hustle, becoming self-employed, or setting up a limited company, we'll guide you every step of the way.

✅ Business structure advice
✅ Company formation support
✅ Tax and VAT guidance
✅ Bookkeeping and payroll setup
✅ Ongoing business advice and support

Book your FREE initial consultation and let's turn your business idea into a successful reality.

Is your business standing still while costs keep rising?Many business owners find themselves caught up in the day-to-day...
08/06/2026

Is your business standing still while costs keep rising?

Many business owners find themselves caught up in the day-to-day running of their business, leaving little time to focus on growth, profitability and long-term planning.

If your turnover has plateaued, cash flow feels tight, or you're simply not seeing the rewards you expected from all your hard work, it may be time to take a fresh look at your business finances.

Sometimes, small changes can make a significant difference:
✅ Improving cash flow management
✅ Reviewing pricing and profitability
✅ Planning for tax liabilities
✅ Setting realistic growth targets
✅ Making better use of financial data

At McColes & Co, we work with business owners to help them understand the numbers behind their business and identify opportunities for improvement.

A fresh perspective could be exactly what's needed to help your business move forward. Book a FREE initial consultation today.

If you use your personal car for business travel, this is a change worth knowing about!For the first time in 15 years, t...
01/06/2026

If you use your personal car for business travel, this is a change worth knowing about!

For the first time in 15 years, the Government has increased the Approved Mileage Allowance Payments by 10p per mile.

📅 From 6 April 2026:
✅ 55p per mile for the first 10,000 business miles
✅ 25p per mile thereafter

Even better, the change is being backdated - so if you've been claiming mileage at 45p per mile, now is a good time to review your claims and arrangements.

This could mean additional tax relief or reimbursements for many employees and directors of limited companies.

If you'd like to understand how this affects you or your business, get in touch.

Running a small business is demanding enough without the stress of payroll deadlines, pension submissions, tax codes, an...
26/05/2026

Running a small business is demanding enough without the stress of payroll deadlines, pension submissions, tax codes, and HMRC reporting.

At McColes & Co, we help small business owners take the pressure off payroll so they can focus on growing their business.

✅ Weekly & monthly payroll
✅ Payslips & pension submissions
✅ HMRC compliance & RTI reporting
✅ Support with new employees and workplace pensions
✅ Friendly advice when you need it

Whether you employ 1 person or 50, reliable payroll support can save time, reduce errors and give you peace of mind.

If payroll is becoming a headache, we’re here to help. Book in for a chat with our Baldock team.

Self Assessment might feel miles away… but the earlier you prepare, the less stressful January becomes.If you’re self-em...
18/05/2026

Self Assessment might feel miles away… but the earlier you prepare, the less stressful January becomes.

If you’re self-employed, a landlord, or have additional income, now’s the perfect time to:
✅ Organise expenses
✅ Check your records
✅ Plan ahead for your tax bill

You can also check if you're owed a tax refund.

A little preparation now can save a lot of panic later.

Need help making sense of it all? Our Baldock team is here to help.

Did you know you can sign up for FREE online CPD-certified bootcamps from local organisation Wenta?From E-commerce for b...
11/05/2026

Did you know you can sign up for FREE online CPD-certified bootcamps from local organisation Wenta?

From E-commerce for beginners to content creation, there's a course for everyone.

And best of all, they're totally FREE.

If you can't make the live webinar you can even receive a recording and watch it in your own time.

View all the courses on offer at https://wenta.co.uk/training-events

And if you need any advice on getting your business set up, our Baldock team is here to help.

Address

1st Floor, 28 Whitehorse Street
Baldock
SG76QQ

Opening Hours

Monday 8am - 4:30pm
Tuesday 8am - 4:30pm
Wednesday 8am - 4:30pm
Thursday 8am - 4:30pm
Friday 8am - 4:30pm

Telephone

+441462547700

Website

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