PML Accountants

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.

📢 We have exciting news!We’re thrilled to announce our new partnership with Reducer a leading Connected Purchasing app d...
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

💡 Has your company year end recently passed?Now is the best time to get things moving...Sending your records to us early...
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.

Business rates have changed in Wales...have you checked your new bill?From April 2026, business rates have been revalued...
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.

💸 Paying tax late is getting more expensiveHMRC currently charges daily interest on overdue tax, meaning the longer a pa...
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.

⚠️ Sole traders – 5 things to do before August 2026!First deadline: 7 August 2026.If MTD applies to you, here’s what to ...
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.

📅 Important Dates for MayDon’t get caught out this month...1st May 2026 – Corporation Tax payment deadline for companies...
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.

📌 Payroll and Statutory Pay UpdatesThe new tax year brings important updates for payroll 👇Employers should make sure the...
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.

🔔 MTD for Income Tax starts TODAY!From 6th April 2026, sole traders and landlords earning over £50,000 are now required ...
06/04/2026

🔔 MTD for Income Tax starts TODAY!

From 6th April 2026, sole traders and landlords earning over £50,000 are now required to:

✔ Keep digital records
✔ Submit quarterly updates
✔ Move away from year end “catch up”

This isn’t just a system change, it’s a complete shift in how you manage your finances.

We offer tailored packages to help you stay compliant and stress free.

📩 Contact us today to get started.

📌 Final Day of the Tax Year – What it meansToday (5 April) marks the end of the 2025/26 tax year.This is your final oppo...
05/04/2026

📌 Final Day of the Tax Year – What it means

Today (5 April) marks the end of the 2025/26 tax year.

This is your final opportunity to:
✔ Use up any remaining allowances
✔ Make pension contributions for this tax year
✔ Ensure all income and expenses are recorded correctly

From tomorrow, everything resets, including your allowances and reporting for the new tax year.

Getting things right today can make a real difference to your overall tax position.

If you’re unsure where you stand, we’re here to help.

📩 Get in touch.

📅 April and May 2026 Important Dates🔹5th April 2026 - End of the 2025/26 tax year🔹6th April 2026 - Start of the 2026/27 ...
01/04/2026

📅 April and May 2026 Important Dates

🔹5th April 2026 - End of the 2025/26 tax year
🔹6th April 2026 - Start of the 2026/27 tax year
🔹6th April 2026 - New National Minimum Wage rates
🔹6th April 2026 - Updated tax thresholds come into effect
🔹7th April 2026 -VAT Return & payment due for quarter ending 28 Feb 2026
🔹19th April 2026 -PAYE, NIC and CIS payment due (postal)
🔹19th April 2026 - Final RTI submission deadline for the 2025/26 tax year
🔹22nd April 2026 - PAYE, NIC and CIS payment due (electronic)
🔹30th April 2026 - Corporation Tax payment due for companies with a 31st July 2025 year-end

📅 May 2026 Important Dates

🔸7 May 2026 - VAT Return & payment due for quarter ending 31 March 2026
🔸19th May 2026 - PAYE, NIC and CIS payment due (postal)
🔸22 May 2026 - PAYE, NIC and CIS payment due (electronic)
🔸31 May 2026 - Deadline for employers to issue P60s to employees for the 2025/26 tax year
🔸31 May 2026 - Corporation Tax payment due for companies with a 31st August 2025 year-end

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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