JMC Accounts Ltd

JMC Accounts Ltd Supporting small businesses with stress-free accounting and tax solutions.
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We specialise in: bookkeeping, tax returns, CIS, VAT, payroll and corporation tax — helping you stay compliant, organised and focused on growing your business. JMC Accounts Services;
Book-keeping, Tax Returns, CIS, small business accounts, self-employed support and advice.

A question every business owner should ask themselves monthly:Is everything recorded?If the answer is no, the problem co...
18/06/2026

A question every business owner should ask themselves monthly:

Is everything recorded?

If the answer is no, the problem compounds.

Unrecorded income.
Lost receipts.
Missing expenses.

Ten minutes today saves ten hours in January.

You can learn more about taxes on my blog. Link in the comments.

Most tax stress isn’t caused by taxes.It’s caused by disorganisation.Receipts everywhere.Invoices missing.No idea what p...
16/06/2026

Most tax stress isn’t caused by taxes.

It’s caused by disorganisation.

Receipts everywhere.
Invoices missing.
No idea what profit looks like.

That’s why the first step to tax compliance is simple:

✔ Record your income
✔ Save your receipts
✔ Review your numbers monthly

Small habits prevent big panic later.

(This principle is the foundation of the HMRC Tax Compliance Checklist I'm building.)

Link in comments to check out my blog.

Most CIS workers are leaving hundreds of pounds with HMRC every year.Not because they're lazy. Because nobody told them ...
08/06/2026

Most CIS workers are leaving hundreds of pounds with HMRC every year.

Not because they're lazy. Because nobody told them what they're actually allowed to claim.

If you're a subcontractor in construction, your contractor deducts 20% from your pay before you see a penny.

That money goes to HMRC as an advance on your tax bill.

Here's the thing — your actual tax bill is almost always less than what's been deducted.

That difference? You can claim it back. And most people either don't bother, or they claim far less than they should.

Here's what you can offset against your income before HMRC works out what you owe:

→ Your van, fuel, and mileage
→ Tools and equipment you bought for work
→ Workwear and PPE
→ Your phone bill (work portion)
→ Public liability insurance
→ Training and certification costs

Every legitimate expense reduces your taxable profit.

A lower profit = a lower tax bill = a bigger refund landing in your account.

I've helped tradespeople recover refunds they didn't even know they had coming — sometimes going back several years.

If you've never had your CIS return properly reviewed, there's a good chance you're owed money.

DM me "REFUND" and I'll take a look at your situation — no obligation, no jargon.

If you're a self-employed construction worker earning over £50,000 — Making Tax Digital is coming for you. Fast.From Apr...
05/06/2026

If you're a self-employed construction worker earning over £50,000 — Making Tax Digital is coming for you. Fast.

From April 2026, HMRC is switching self-employed people onto a new system.

Instead of one annual Self-Assessment return, you'll need to submit digital updates every quarter.

That means paper records, spreadsheets saved on your desktop, and "I'll sort it in January" — none of that will cut it anymore.

Here's what changes:

1. You'll need HMRC-recognised software to keep your records (not just a notepad in your van)
2. You'll submit income and expense updates 4 times a year instead of once
3. A final end-of-year declaration replaces your traditional return

For CIS workers this matters more than most — your income can vary month to month, deductions are coming off at source, and mixing that with quarterly digital reporting needs to be set up properly from day one.

The good news: if you start preparing now, this is manageable.

The bad news for anyone who ignores it: HMRC penalties for non-compliance aren't going away.

If you're not sure whether MTD applies to you, or you want to get the right software in place before the deadline — drop me a message.

I'll give you a straight answer with no confusion.

Busy business. Busy mind. This little space might just save my sanity 😅When work gets heavy… train harder.My new little ...
02/06/2026

Busy business. Busy mind. This little space might just save my sanity 😅

When work gets heavy… train harder.

My new little reset space is finally finished.

Built a gym in my summer house because sometimes the best therapy is movement, music, and silence.

Running a business can take everything out of you.
This is where I put the energy back.

Long days. Busy mind. Heavy workload.

Needed a space to breathe again.

Got a brown envelope from HMRC you've been ignoring?You're not alone — and it's not as bad as you think. But it does nee...
01/06/2026

Got a brown envelope from HMRC you've been ignoring?

You're not alone — and it's not as bad as you think. But it does need dealing with.

Every year, sole traders and CIS subcontractors rack up penalties for late Self-Assessment returns that could have been avoided, or at the very least, reduced significantly.

Here's what most people don't realise:

HMRC will charge you £100 the day your return is late. After 3 months, daily fines kick in. After 6 months, it goes up again. And interest runs on any tax you owe.

But — and this matters — once you file, the penalties are fixed. They stop growing.

The worst thing you can do is nothing.

If you're behind, here's the move:

→ Don't panic — late returns are fixable
→ Gather your income records (bank statements, CIS vouchers)
→ Get your expenses together — this often reduces what you owe dramatically
→ File as soon as possible to stop the daily fines
→ If there's a genuine reason for the delay, a reasonable excuse appeal can sometimes remove penalties

I regularly help clients who are one, two, even three years behind get fully up to date — calmly, without the stress.

If that sounds like your situation, DM me "LATE" and let's get it sorted.

Your accountant should be saving you money — not just filing your paperwork.If all you're getting is a tax return submit...
30/05/2026

Your accountant should be saving you money — not just filing your paperwork.

If all you're getting is a tax return submitted once a year, you might be paying for less than you think.

Here's what working with the right accountant should look like for a self-employed tradesperson:

→ A full review of your income and expenses — not just the obvious ones
→ Advice on what you can and can't claim, specific to your trade
→ Your CIS deductions properly accounted for so you get every penny back that's owed
→ Plain English explanations — no jargon, no confusion
→ Fast turnaround, especially on refunds
→ Proactive communication about things like Making Tax Digital before they catch you off guard

Tax isn't just a once-a-year problem. The decisions you make during the year — what tools you buy, how you use your vehicle, how you structure your invoicing — all affect your tax bill.

A good accountant helps you make those decisions better.

I work specifically with self-employed individuals and CIS subcontractors across Suffolk and Norfolk.

If you're not confident your current accountant is doing all of the above — or if you've been going it alone — let's have a conversation.

DM me "ACCOUNTANT" and I'll tell you exactly what I'd do for your situation.

I'm going to say it: the 31 January deadline is closer than it feels.I know it might feel far away. But here's what happ...
08/05/2026

I'm going to say it: the 31 January deadline is closer than it feels.

I know it might feel far away. But here's what happens every single year without fail:

October: "I'll start getting organised next week."
November: "I'll do it over Christmas."
December: "I'll do it in the new year."
January 28th: pure panic.

The good news? You have time right now to make this year completely different.

Here's your action list for today:

1. Book a time slot with your accountant — before December, when everyone rushes.
2. Start gathering your income records for the year.
3. Check you have all your expense receipts in one place.
4. Know your approximate tax bill so January's payment doesn't shock you.
5. Download the free JMC Tax Compliance checklist and run through the annual section now.

Future you will be very, very grateful.

The link to the free checklist is below.

And if you'd like personalised help before the January rush — book a free chat at jmcaccounts.co.uk now, while there's still time to do things calmly.

Do you know a freelancer, landlord, or small business owner who dreads tax time?Tag them here.Because the JMC HMRC Tax C...
06/05/2026

Do you know a freelancer, landlord, or small business owner who dreads tax time?

Tag them here.

Because the JMC HMRC Tax Compliance 2026 checklist is completely free — and it's exactly the kind of thing that turns tax season from a source of dread into something you're quietly in control of.

It covers:
— Monthly tasks to stay organised all year
— Annual deadlines and what to do before and after year end
— Record-keeping essentials in plain English
— Self-check questions to make sure nothing slips through

It was created by a real accountant, for real people running real businesses and lives.

No fluff. No jargon. No catch.

Tag someone in the comments who could do with this.
Or share this post directly to your page or a business group.

Every share helps someone avoid a stressful year.

And that's a pretty good reason to hit that button

https://jmcaccounts.kit.com/hmrc-guide

CIS — the three letters that confuse a lot of people in construction.So let me break it down simply.CIS stands for Const...
01/05/2026

CIS — the three letters that confuse a lot of people in construction.

So let me break it down simply.

CIS stands for Construction Industry Scheme.

It's an HMRC scheme that applies to contractors and subcontractors working in the construction industry.

Here's how it works:

If you're a SUBCONTRACTOR — your contractor deducts either 20% or 30% from your payments and sends it straight to HMRC on your behalf. This counts as tax paid in advance.

If you're a CONTRACTOR — you're responsible for registering, verifying your subcontractors, making the right deductions, and submitting monthly CIS returns to HMRC.

What many people miss:
If you've had CIS deductions taken, you may well be owed a refund when you do your self-assessment — especially if you've had a quieter year or incurred significant expenses.

What to do:
— Keep a record of all CIS deduction statements from your contractor
— Include them correctly in your self-assessment
— Consider whether you're registered in the right way

Not sure if CIS applies to you or whether you're handling it correctly?

Drop me a message or book a free initial chat at jmcaccounts.co.uk.
I work with contractors and subcontractors regularly — this is a common area where getting it right saves real money.

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Norwich
NR70AQ

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