What are the 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

PML Accountants

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Port Talbot
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.

15/06/2026

Thinking About Growing Your Business?

If you’re looking to make changes within your business, improve profitability, or plan for growth, understanding your numbers is essential.

Our management reporting services provide clear, easy-to-understand insights into how your business is performing, helping you make informed decisions with confidence.
Management reports can help you:

🔸Understand where your profits are coming from
🔹Monitor cash flow and business performance
🔸Identify areas for improvement
🔹Track growth and business goals
🔸Make informed decisions about scaling your business

Rather than simply looking at year end figures, management reporting gives you regular financial insight throughout the year, helping you stay proactive instead of reactive.
❗Whether you’re planning to grow, recruit, invest, or simply gain a clearer picture of your business finances, we can help provide the information you need to move forward confidently❗

07/06/2026

⚠️Don't Get Caught Out By Payments on Account ⚠️

If you’re self employed, July can often bring an unexpected tax bill due to HMRC’s “Payments on Account” system.

Your second Payment on Account for the 2025/26 tax year is due by 31st July 2026. These advance payments are made towards your next tax bill and can catch many business owners off guard if they haven’t planned ahead.

A good tip is to start setting money aside regularly now, rather than waiting until the deadline approaches.

Planning ahead can help:

🔹Avoid cash flow pressure
🔸Reduce financial stress
🔹Prevent late payment penalties and interest
🔸Make budgeting throughout the year much easier

If you’re unsure how much you may need to pay or whether Payments on Account apply to you, we can help you estimate upcoming liabilities and plan ahead effectively.

01/06/2026

🔸IMPORTANT JUNE & JULY DATES🔸

7th June 2026 - VAT return and payment deadline for businesses with a quarter ending 30th April 2026.

19th June 2026 - PAYE submissions and payments due for the previous tax month.

22nd June 2026 - Electronic PAYE payment deadline to HMRC.

Corporation Tax Companies with a year end of 31st August 2025 may have Corporation Tax due this month. Corporation Tax is usually payable nine months and one day after the end of your accounting period.

Looking ahead to July...

6th July 2026 Deadline for submitting:
- P11D forms
- P11D(b) forms
- Reporting employee benefits and expenses for the 2025/26 tax year

19th July 2026 - Deadline for postal payment of Class 1A National Insurance contributions.

22nd July 2026 - Electronic payment deadline for Class 1A National Insurance contributions.

31st July 2026 - Second Payment on Account due for Self Assessment taxpayers for the 2025/26 tax year.

29/05/2026

📢 We have exciting news!

We’re thrilled to announce our new partnership with Reducer a leading Connected Purchasing app designed to help businesses make smarter purchasing decisions.

Reducer connects with your Xero account and analyses your spend history to identify potential savings and supplier opportunities, helping you reduce costs with minimal effort.

🔸 Completely free to use
🔹 Personal support from a dedicated Client Partnership Manager
🔸 Simple, hassle free process

If you’re interested in this free service and would like to find out more, please contact us, we’d be happy to help!

https://reducer.co.uk/businesses?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-8GtzuC4eoct6mL6sngFvdsiTe0DGxlnUhHE_wr3lWgnyL-RnKR_p4GMi9F2FnYuROJ063a

25/05/2026

💡 Has your company year end recently passed?

Now is the best time to get things moving...

Sending your records to us early means we can:
✔ Prepare your accounts sooner
✔ Calculate your Corporation Tax well in advance
✔ Give you plenty of time to plan and set money aside

👉 Remember, Corporation Tax is due 9 months and 1 day after your year end — but leaving things late can lead to unnecessary pressure.

18/05/2026

Business rates have changed in Wales...have you checked your new bill?

From April 2026, business rates have been revalued, which means your property’s rateable value may have changed.

✔ Some businesses may benefit from lower bills
⚠️ Others may see increases based on updated valuations

To help with this, transitional relief is in place, meaning any increases are phased in over time rather than applied all at once.

It’s important to:

🔸Review your latest bill
🔹Check your new rateable value
🔸Understand how it affects your costs going forward

If you’re unsure what the changes mean for your business, we’re happy to take a look and talk it through with you.

11/05/2026

💸 Paying tax late is getting more expensive

HMRC currently charges daily interest on overdue tax, meaning the longer a payment is delayed, the more it will cost.

On top of this, late payment penalties can also apply if amounts remain unpaid.

This can quickly turn a manageable bill into a much larger one.

With changes like Making Tax Digital introducing more frequent submissions, it’s more important than ever to:

✔ Know what you owe
✔ Plan ahead
✔ Set funds aside in advance

If you’re unsure what’s coming up or need help planning, feel free to get in touch.

06/05/2026

⚠️ Sole traders – 5 things to do before August 2026!

First deadline: 7 August 2026.
If MTD applies to you, here’s what to focus on:

1️⃣ Choose the right software
2️⃣ Keep your records up to date
3️⃣ Go fully digital from April 2026
4️⃣ Get used to quarterly deadlines
5️⃣ Don’t leave it too late to get advice

Getting prepared early makes the transition much easier.

01/05/2026

📅 Important Dates for May

Don’t get caught out this month...

1st May 2026 – Corporation Tax payment deadline for companies with year end of 31st July 2025
7th May – VAT return and payment deadline
19th May – PAYE due (postal)
22nd May – PAYE due (electronic)
31st May – P60s must be issued to employees

Staying ahead of deadlines helps avoid penalties and unnecessary stress.

👉 Need help keeping on track? Get in touch.

13/04/2026

📌 Payroll and Statutory Pay Updates

The new tax year brings important updates for payroll 👇

Employers should make sure their systems are up to date with:

• Updated tax thresholds
• National Minimum Wage increases
• Statutory Sick Pay changes
• Family related statutory pay updates

Getting this right early helps avoid errors, penalties, and payroll issues later in the year.

📩 If you need support reviewing your payroll, we’re here to help.

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

Website

http://www.pmlaccountants.co.uk/

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