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Is your business outgrowing your capacity? | Retained Business Support & Bookkeeping built around you and your business | Multi-Award Finalist | Let’s work together⚡️👇

11/06/2026

Two weeks today we’ll be heading down to the Welsh Final at Tramshed Cardiff as a finalist in the B2B category and I’m genuinely still in disbelief that we’ve been shortlisted out of thousands of applicants.

If you’d told me a few years ago that a side hustle would turn into a small agency with an incredible team of associates and awards finals then…well, you know the drill. Crazy.

I won’t pretend I’m not nervous. I absolutely am. As someone who spends most of their life behind a desktop, being released into the wild for an actual event is a whole thing in itself. But, mostly I’m just really bloody proud of how far we’ve come.

If you’re going to be there, come and say hi 👋 I’ll be the one looking like a rabbit in headlights trying my best to look normal - probably closely followed by my husband, who has listened to me talk about this business for years and absolutely deserves a night out for his patience alone.

Good luck everyone!

05/06/2026

Nobody starts a side hustle thinking “I can’t wait to deal with HMRC”, but knowing the rules early saves a headache later.

The bit most people don’t realise is that you can actually earn up to £1,000 from your side hustle in a tax year without needing to declare anything at all. It’s called the Trading Allowance, and it covers everything from Etsy sales to the odd bit of freelance work.

Once you go over that £1,000 though, HMRC want to know about it. You need to register for Self Assessment, declare your income, and pay any tax and National Insurance due.

A couple of things worth knowing 👇

If you’re employed and already pay tax through PAYE, it’s easy to assume your side hustle sits separately, but it doesn’t work like that.

HMRC gives everyone a Personal Allowance (currently £12,570) before any tax is due. Your employer uses that allowance up against your salary, and taxes you accordingly through your payslip. When you add side hustle income on top, HMRC looks at everything together and works out whether you’ve paid the right amount of tax overall.

If your side hustle profit pushes your total income into a higher tax band, you’ll owe the difference, and that gets collected through your Self Assessment tax return rather than your payslip.

HMRC are also getting much better at spotting undeclared income, with platforms like eBay, Vinted, Etsy and Airbnb now sharing data with them directly. So the “it’s only small amounts” approach isn’t really worth the risk anymore.

The good news is that allowable expenses (things like software, mileage, equipment and advertising) can be claimed against any taxable income, which makes keeping good records from the start really worthwhile.

Not sure where you stand? We can help you figure it out. Drop us a message ✨

04/06/2026

I don’t need help.

I don’t need help.

I don’t need help.

I can do this myself.

This isn’t too much for one person.

I just need to manage my time better.

I need to try harder.

Maybe if I just get up an hour earlier.

I’ll catch up at the weekend.

Sorry kids, just give me a minute

I just need to get through this week.

Maybe this new app everyone is talking about will help.

How does everyone else cope?

I thought it would get easier than this.

Maybe I could just…

God, is it really 10pm?

I’d love to come but I’ve got to get this done.

I’m failing.

How is this so hard?

Something’s got to give.

…I think I need help.

What if you stopped waiting until you were drowning?

Most of the business owners we work with came to us at that last line. We wish they’d come to us at the first one.

Needing support isn’t a sign you’re not cut out for this. It’s a sign you’re building something real - and real businesses need real people behind them.

If this resonates, we’re here when you’re ready.

Retained VA support starts from £350 a month - and it might just be the best decision you make for your business this year. We’ve got you.

03/06/2026

Expenses are one of those areas where lots of business owners either play it too safe or go too far.

The rule HMRC cares about is simple: expenses should be WHOLLY and EXCLUSIVELY for the business. So, if you bought it, subscribed to it, or paid for it and the business genuinely needed it - it’s generally allowable.

However, there are some things that may have a personal element to them. This doesn’t automatically mean you can’t claim the expense, but, it does mean you need to tread carefully. For example - a mobile phone you use for both personal and business calls. In cases like these, you can very often apportion the cost and claim the business portion - but you need to be able to show your workings.

HMRC aren’t looking to catch you out for honest mistakes, but they do expect you to be able to justify what you’ve claimed and why.

Under-claiming is just as much of an issue. At tax return time, one of the things we see often is genuine business expenses that have been leaving a personal account unnoticed all year. For example - insurance policies set up before a business account existed. Subscriptions like Canva or Microsoft 365 that go out on a personal direct debit and then get forgotten about at year end.

These are costs you’re entitled to claim, so they should be included as legitimate expenses.

Top tip: if you’ve got business subscriptions or insurance coming out of a personal account, switch those direct debits to your business account as soon as you can. It keeps everything clean, makes sure you’re capturing the whole picture, and means you’re not paying more tax than you need to.

Got a question about what you can and can’t claim? Pop us a message 💬

02/06/2026

Outsourcing feels like a big decision until you actually do it. Then you wonder why you waited so long. 👀

DMs are open if you’re ready to be like Nicole.

(PS - She’s been on her sofa since 7pm like 🧘‍♀️)

01/06/2026

Somewhere between this sunset and this morning, May happened.

It was an incredibly busy month - I turned 40, went on holiday, half term happened, the heat wave happened and it was Hay Festival 😮‍💨

But, it’s Monday today, it’s the 1st of the month, the kids are back to school AND it’s the first day of UK Small Business Week. The universe is serving fresh start vibes. So, I’ve decided that June is my reset month. More time on the business, more practicing what I preach, time to slow it down a notch.

If you want to support a small business this week, you don’t have to spend a penny:

✨Like their posts
✨Leave a review
✨Recommend them to someone
✨Share their content
✨Tag them in something

It costs nothing and it means everything.

Happy Small Business Week. 🖤

Send us a message if you’ve been putting off getting support - today feels like a good day to stop doing that.

26/05/2026

Your revenue is growing - but your admin is growing faster.

Your phone doesn’t stop. Your laptop never closes. You’re fielding calls, delivering work, and somehow also trying your best to be a bookkeeper, a PA, a HR department, and a customer services rep - all before you’ve had a chance to drink your coffee while it’s still hot.

You didn’t sign up for chasing invoices at 10pm. You didn’t plan to spend your Sunday recreating a spreadsheet you accidentally deleted. You definitely didn’t start a business so you could become your own worst-paid employee.

But here you are.

Take Claire. She runs a thriving consultancy - great clients, strong referrals, genuinely good at what she does. But by the time she came to us, the cracks were starting to show. Invoices were going out late because there was never a right moment to sit down and do them. A client she’d genuinely wanted to work with had emailed twice and never heard back - and had gone elsewhere by the time she saw it. Renewal conversations with existing clients were slipping, not because she didn’t value them, but because there simply weren’t enough hours to be proactive. She was so deep in the day-to-day that she hadn’t looked at her own numbers in months and had no real idea whether the business was as healthy as it felt. She was just quietly running on empty. Six weeks after handing it over to us, her books were up to date, her response times were down to hours, and 4 converted enquiries alone brought in £4,800 in new business. All from simply having someone in her corner.

Most business owners think this is just part of it - the unglamorous tax you pay for growth. It isn’t. It’s a sign that your business has outgrown what one person can reasonably manage alone, and that’s actually something worth celebrating.

That’s where we come in.

Sound familiar? Let’s talk.

22/05/2026

When our clients win, we win. ✨

Life gets busy, records pile up, and suddenly the thought of tackling months of backdated bookkeeping feels like a mountain. Sound familiar?

A huge shoutout to our brilliant Sarah, who sat down with a client yesterday and turned that mountain into a molehill - 85% caught up in just two hours.

Sarah has been nothing short of brilliant since she came on board - bringing the kind of quiet dedication and warmth that clients clearly notice 🖤

This is what good support actually looks like - impactful results, real peace of mind, and someone genuinely in your corner.

If that’s what’s been missing in your business, you know where we are - no judgement from us.

21/05/2026

🚨 Mileage rate update🚨

If you use your own car for work, this affects you.

Rachel Reeves has just confirmed the tax-free mileage rate is increasing to 55p per mile for your first 10,000 business miles - up from 45p, where it had been frozen since 2011. That’s a 10p rise, backdated to 6 April 2026.

Here’s what the new rates look like:

🚗 55p per mile - first 10,000 business miles
🚗 25p per mile - everything after that

⚡️If you’re employed:

Your employer can pay you up to 55p per mile tax-free. If they pay you less, you can claim tax relief on the difference through Mileage Allowance Relief (MAR). You don’t get the gap back in cash, but you do get tax relief on it, which adds up.

⚡️If you’re self-employed:

You claim the approved mileage rate directly as a business expense on your Self Assessment. No separate relief to worry about.

⚡️If you’re a limited company director:

Your company can reimburse you at up to 55p per mile tax-free for business journeys in your personal vehicle.

This has been frozen at 45p since 2011 - so if you’ve never looked at what you’re actually being reimbursed, now is a really good time to check.

Got questions? Drop us a message. 👇

Address

HR35EG

Website

http://www.wyeadministration.co.uk/, https://calendly.com/sam-wyeadministration/

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