PML Accountants

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PML Accountants Accountants and Business Advisors. Helping your business, help you! The financial health of you and your business needs to be carefully managed.

Whether you need help with your personal self-assessment or have wider needs for financial and accounting advice for your new or established business, at PML Accountants you have an accountancy practice you can rely upon. We are at ther forefront of cloud technology and partners of Xero and Dext.

📅 October 2026 – Important Dates 📅A few key dates to keep in mind this month!🔹 19th October – CIS monthly returns due an...
13/10/2026

📅 October 2026 – Important Dates 📅

A few key dates to keep in mind this month!

🔹 19th October – CIS monthly returns due and postal PAYE/NIC payments.

🔸 22nd October – Electronic PAYE, National Insurance and CIS payments due.

🔹 28th October – Autumn Budget 2026 announcement. We'll be keeping an eye on any changes affecting businesses and taxpayers!

🔸 31st October – Deadline for paper Self Assessment tax returns for 2025/26.

🔹 31st October – Annual accounts filing deadline for limited companies with a 31st January 2026 year end.

Looking ahead...

🔸 7th November – Making Tax Digital (MTD) for Income Tax quarterly update deadline for the period ending 5th October 2026

💡 Reminder: The online Self Assessment deadline is 31st January 2027.

Need help with your tax obligations? Get in touch with PML Accountants.

28/09/2026

The best smelling meeting we've every had! Safe to say, we couldn't come away empty handed...
Exciting things happening at That Coco Company

We’ve finally made it to Instagram!At PML Accountants, we’re here to make accountancy feel a little less boring.Expect p...
25/09/2026

We’ve finally made it to Instagram!
At PML Accountants, we’re here to make accountancy feel a little less boring.

Expect practical business tips, helpful updates and a glimpse behind the scenes at PML.
Give us a follow!!

https://www.instagram.com/pmlaccountants/?hl=en

Top Tip – Can You Claim for Meals & Drinks? Not every meal or drink paid for through the business is automatically a tax...
07/09/2026

Top Tip – Can You Claim for Meals & Drinks?

Not every meal or drink paid for through the business is automatically a tax-deductible expense.

If you're travelling for work and the journey qualifies as business travel, reasonable food and drink costs may normally be claimed as part of your subsistence expenses.

However, taking a client or customer out for lunch or drinks is generally classed as business entertaining and isn't tax deductible, even if you're discussing business.

And remember... paying with the company card doesn't automatically make something a business expense!

Keep your receipts and make a quick note of who the expense was for and the business reason ...it can make your bookkeeping much easier later.

📅Important September Accountancy Dates 📅🔹7th September – VAT return and payment deadline for businesses with a VAT perio...
01/09/2026

📅Important September Accountancy Dates 📅

🔹7th September – VAT return and payment deadline for businesses with a VAT period ending 31st July 2026, where the standard online deadline applies.

🔸19th September – CIS monthly return deadline for the tax month ending 5th September.

🔹22nd September – Deadline for electronic payment of PAYE and National Insurance for the tax month ending 5th September.

🔸30th September – Companies House filing deadline for many private limited companies with a 31st December 2025 year end.

Company Director? Have You Verified Your Identity?Companies House has introduced mandatory identity verification for com...
28/08/2026

Company Director? Have You Verified Your Identity?

Companies House has introduced mandatory identity verification for company directors and People with Significant Control (PSCs).

If you're an existing company director, you'll generally need to:

✔ Verify your identity
✔ Receive your Companies House personal code
✔ Provide the code when your company's next confirmation statement is filed

If you're also a Person with Significant Control (PSC), there are separate requirements and deadlines to be aware of.

Don't leave it until your confirmation statement is due.

At PML Accountants, we can help you understand the new Companies House requirements and what action you need to take.

https://www.gov.uk/guidance/verify-your-identity-for-companies-house

Top Tip! Using Your Personal Car for Business? If eligible to use simplified mileage expenses, you can claim 45p per mil...
24/08/2026

Top Tip!
Using Your Personal Car for Business?

If eligible to use simplified mileage expenses, you can claim 45p per mile for the first 10,000 business miles and 25p thereafter rather than calculating actual running costs.

Got a side hustle? Don't forget about the tax.Whether you're making extra money from:📸 Photography🎂 Baking🐕 Dog walking📱...
19/08/2026

Got a side hustle? Don't forget about the tax.

Whether you're making extra money from:

📸 Photography
🎂 Baking
🐕 Dog walking
📱 Content creation
📦 Selling handmade products
🚗 Delivery work
💻 Freelancing

HMRC has recently reminded people earning additional income to check whether they need to report it.

If your gross trading income is more than £1,000 in a tax year, you may need to register for Self Assessment and tell HMRC.

And remember...the £1,000 threshold applies to your combined relevant trading income, not £1,000 for each side hustle.

For those who started earning additional income during 2025/26 and need to enter Self Assessment, the registration deadline is 5th October 2026.

Not sure where you stand?

Get in touch with PML Accountants and we'll help you understand your tax obligations.

https://www.gov.uk/government/news/say-i-do-to-getting-your-side-hustle-tax-right?utm_source=chatgpt.com

Making Tax Digital, Over 436,000 Submit First Quarterly Update!More than 436,000 sole traders and landlords have success...
16/08/2026

Making Tax Digital, Over 436,000 Submit First Quarterly Update!

More than 436,000 sole traders and landlords have successfully submitted their first Making Tax Digital (MTD) for Income Tax quarterly update for the 2026/27 tax year.

The first quarterly update was due by 7th August 2026, and HMRC has confirmed that from September 2026 it will begin signing up customers who should be using MTD but have not yet registered themselves.

If this applies to you, we recommend getting your records and software in order now rather than waiting to hear from HMRC!

At PML Accountants, we're here to support your business every step of the way. Our services include:🔸 Bookkeeping🔹 Payro...
09/08/2026

At PML Accountants, we're here to support your business every step of the way. Our services include:

🔸 Bookkeeping
🔹 Payroll
🔸 VAT Returns
🔹 Making Tax Digital (MTD)
🔸 Management Accounts
🔹 Year End Accounts
🔸 Tax Planning
🔹 Business Advice

Using advanced AI powered accounting software alongside our experienced team, we help improve accuracy, streamline processes, minimise errors, and give you more time to focus on running your business.

Find out more about our services at www.pmlaccountants.co.uk

Ready to take the stress out of your finances? Get in touch with us!

Address

Unit 8 Water Street Business Centre, Water Street
Port Talbot
SA126LF

Opening Hours

Monday 9am - 1pm
2pm - 5pm
Tuesday 9am - 1pm
2pm - 5pm
Wednesday 9am - 1pm
2pm - 5pm
Thursday 9am - 1pm
2pm - 5pm
Friday 9am - 4pm

Telephone

+441639870087

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