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.

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.

Ten minutes now saves ten hours in January.That's not just a quote. That's the whole philosophy.The people who dread tax...
29/04/2026

Ten minutes now saves ten hours in January.

That's not just a quote. That's the whole philosophy.

The people who dread tax season aren't doing anything wrong. They're just doing it all at once — at the worst possible time.

What if instead, you gave your finances just ten minutes a month?

Record your income.
File your receipts.
Check your bank.
Set aside your tax.

Done.

That's it. That's the system.

Want the full monthly checklist so you know exactly what to do each month?

Save this post and download the free JMC Tax Compliance 2026 guide.
Link in the first comment.

If you've ever sat at your laptop on the 30th of January with a glass of wine, a lot of receipts, and a mild sense of dr...
27/04/2026

If you've ever sat at your laptop on the 30th of January with a glass of wine, a lot of receipts, and a mild sense of dread —

This post is for you.

You're not alone. Genuinely.

I speak to people every year who are intelligent, capable, hardworking — and absolutely dreading tax season purely because they didn't have a system in place.

Not because they're bad at business. Not because they don't care. Just because nobody ever showed them a simple, consistent routine.

That's the gap I made the HMRC Tax Compliance 2026 checklist for.

It won't do your return for you. But it will mean that by the time January arrives, you actually have everything you need. No panic. No mystery receipts. No wondering if you've missed something.

Just calm, organised finances.

Download it free — the link is in the first comment.

And if you'd like someone in your corner for the year ahead — book a free initial chat with me at jmcaccounts.co.uk. I'd love to help.

24/04/2026

How long do you need to keep your business records?

Quick answer — longer than you think.

For self-employed individuals:

Keep records for at least 5 years after the 31 January submission deadline of the relevant tax year.



For limited companies:

Records must be kept for at least 6 years from the end of the accounting period they relate to.



What counts as records?

— Bank statements

— Sales invoices and receipts

— Expense receipts and mileage logs

— Payroll records (if you have staff)

— VAT records (if VAT registered)

— Any contracts or agreements



Digital or paper — both are acceptable. But digital is safer. Use cloud storage, a bookkeeping app, or simply a well-organised folder system.



HMRC can investigate up to 4 years back in normal cases — and up to 20 years in cases of deliberate non-disclosure.



Keep your records. Organise them. And if you're not sure what applies to you — ask.

Want the full record-keeping essentials guide? Download the free JMC Tax Compliance 2026 checklist — link in the bio.

What actually happens if you miss the 31 January deadline?A lot of people assume nothing happens straight away.They're w...
22/04/2026

What actually happens if you miss the 31 January deadline?

A lot of people assume nothing happens straight away.

They're wrong.

Here's exactly what HMRC does:

Day 1 (1 February) — Automatic £100 penalty. Even if you owe no tax at all.

Day 91 (3 months late) — Additional £10 per day penalty, up to £900.

Month 6 — Either £300 or 5% of the tax due, whichever is higher.

Month 12 — Another £300 or 5%, whichever is higher.

And that's before any interest on unpaid tax, which starts accruing from 31 January at HMRC's current rate.

The thing is — none of this needs to happen.

Getting your records in order doesn't have to be complicated. It just needs a simple system and a little consistency.

If you're self-employed, a landlord, or running a small company and you want to stay on top of things without the stress — I've created a free checklist to help.

It covers monthly tasks, annual deadlines, and record-keeping essentials.

Download it free — https://jmcaccounts.kit.com/hmrc-guide

Or if you'd like some personal support, book a free no-obligation chat with me using jmcaccounts.co.uk/contact

A tax year has 12 months.Here's a simple breakdown of what to do in each one — so nothing catches you off guard.APRIL — ...
20/04/2026

A tax year has 12 months.

Here's a simple breakdown of what to do in each one — so nothing catches you off guard.

APRIL — New tax year begins. Fresh start. Set up your records properly from day one.

MAY — Review last year's tax return. Are there lessons to carry forward? Any expenses you missed?

JUNE — Mid-year check-in. How's your cash flow? Are you on track? Are your records up to date?

JULY — If you have Payments on Account, your second payment to HMRC is due 31 July. Make sure you're ready.

AUGUST — Holiday season. Don't let your records slip. A quick 10-minute catch-up before you switch off.

SEPTEMBER — Q2 review. Reconcile your accounts. Check for unpaid invoices. Get organised before autumn.

OCTOBER — HMRC paper return deadline (if applicable). Start gathering records for your tax return.

NOVEMBER — Book in with your accountant now before the January rush. The earlier, the calmer.

DECEMBER — Do your final year-end check. Missing receipts? Pension contributions to make? Act before 31 December.

JANUARY — Self-assessment deadline: 31 January. Your tax return must be filed and any tax owed must be paid.

FEBRUARY — Review your January. What worked? What was stressful? Put a better system in place for the year ahead.

MARCH — Start preparing for the tax year end on 5 April. Review income, expenses, pension contributions.

Save this post and come back to it throughout the year.

And if you'd like a ready-made system to keep you organised, download the free JMC Tax Compliance 2026 checklist — https://jmcaccounts.kit.com/hmrc-guide

12/04/2026

How long do you need to keep your business records?

Quick answer — longer than you think.

For self-employed individuals:

Keep records for at least 5 years after the 31 January submission deadline of the relevant tax year.


For limited companies:

Records must be kept for at least 6 years from the end of the accounting period they relate to.

What counts as records?

— Bank statements

— Sales invoices and receipts

— Expense receipts and mileage logs

— Payroll records (if you have staff)

— VAT records (if VAT registered)

— Any contracts or agreements



Digital or paper — both are acceptable. But digital is safer. Use cloud storage, a bookkeeping app, or simply a well-organised folder system.



HMRC can investigate up to 4 years back in normal cases — and up to 20 years in cases of deliberate non-disclosure.

Keep your records. Organise them. And if you're not sure what applies to you — ask.

Want the full record-keeping essentials guide? Download the free JMC Tax Compliance 2026 checklist — link in the bio.

"Ten minutes now saves ten hours in January."That's not just a quote. That's the whole philosophy.The people who dread t...
06/04/2026

"Ten minutes now saves ten hours in January."

That's not just a quote. That's the whole philosophy.

The people who dread tax season aren't doing anything wrong. They're just doing it all at once — at the worst possible time.

What if instead, you gave your finances just ten minutes a month?

Record your income.
File your receipts.
Check your bank.
Set aside your tax.

Done.

That's it. That's the system.

Want the full monthly checklist so you know exactly what to do each month?

Save this post and comment HMRC for the free JMC Tax Compliance 2026 guide.

I built JMC Accounts around a simple idea:Your finances should feel calm. Not chaotic.There's a version of running a bus...
03/04/2026

I built JMC Accounts around a simple idea:

Your finances should feel calm. Not chaotic.

There's a version of running a business where tax is just something that happens quietly in the background — where you always know roughly what you owe, where your records are always ready, and where January is just another month.

That's what I call the Zen Accounting Way.

It's not about being perfect. It's not about spending hours on your books. It's about having a system — a simple, consistent rhythm that keeps things in order so nothing builds up and nothing blindsides you.

I've worked with self-employed people, landlords, and small business owners for years. And the ones who sleep well at night aren't necessarily the most organised by nature.

They just have good habits. And often a good accountant beside them.

If you've ever felt anxious about your finances — I want you to know that's normal. And it's also completely solvable.

It starts with small, consistent steps.

It starts with a checklist.

Download the free JMC HMRC Tax Compliance 2026 guide below.
Aligned finances. Peaceful mind.

That's what we do here.

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

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