JMC Accountants & Tax Advisers Ltd

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JMC Accountants & Tax Advisers Ltd We are a small firm that has built up steadily over the past 35 years, not by acquisition but by providing a good service to our clients.

We provide accounting and taxation services to businesses across the UK and take pride in client relations.

🚨 PAYING DIVIDENDS TO YOUR SPOUSE? READ THIS FIRST! πŸ’·If you run a limited company, transferring shares to your spouse co...
13/10/2026

🚨 PAYING DIVIDENDS TO YOUR SPOUSE? READ THIS FIRST! πŸ’·
If you run a limited company, transferring shares to your spouse could help make your family’s tax position more efficient. But it’s not as simple as just putting them on the payroll or paying them dividends.

⚠️ Here are 4 things business owners need to know:

πŸ‘₯ Shares must be genuine. The arrangement needs to give your spouse real shareholder rights, not simply a right to receive income.
🏦 Dividends must be handled correctly. Payments should go to the shareholder’s own bank account and reflect the shares they hold.
πŸ“Š Dividends aren't always the best option. They can only be paid from available profits, and the combined Corporation Tax and personal tax position matters.
πŸ“ Getting the structure wrong can be costly. Share transfers, dividend waivers and different share classes can all have tax implications.

Thinking about paying dividends to your spouse? Get professional advice before making changes.

πŸ“Œ Save this post as a reminder to check your arrangements.

🚨 NEW PAYROLL RULES ARE COMING IN APRIL 2027If your business provides employees with benefits such as:πŸš— Company carsβ›½ Ca...
17/09/2026

🚨 NEW PAYROLL RULES ARE COMING IN APRIL 2027

If your business provides employees with benefits such as:

πŸš— Company cars

β›½ Car or van fuel

🚐 Company vans

πŸ₯ Private medical benefits
..you need to know about this.

From 6 April 2027, these benefits will generally need to be reported and taxed through payroll in real time.

🚨 HMRC SCAM ALERT β€” BE CAREFULA scam claiming to be from HMRC is currently doing the rounds, and it can look surprisingl...
21/08/2026

🚨 HMRC SCAM ALERT β€” BE CAREFUL

A scam claiming to be from HMRC is currently doing the rounds, and it can look surprisingly convincing. πŸ‘€

Look out for messages that:
❌ Pressure you to act immediately
❌ Threaten penalties or legal action
❌ Ask for bank or personal details
❌ Include suspicious links
❌ Offer an unexpected refund or tax rebate

If you're unsure whether a message is genuine, don't respond or click the link. Check directly through your HMRC account or official HMRC contact details instead.

🚨 WHEN is the RIGHT time to become a Ltd company?There’s no magic profit number that automatically means you should inco...
14/08/2026

🚨 WHEN is the RIGHT time to become a Ltd company?

There’s no magic profit number that automatically means you should incorporate.

But there are some clear signs it might be worth considering:
βœ”οΈ Your profits are consistently growing
βœ”οΈ You’re leaving money in the business rather than taking everything out
βœ”οΈ Your business is taking on more risk
βœ”οΈ You’re planning to grow, hire or take on bigger contracts

The right decision depends on your circumstances

πŸ’¬ Thinking about going Ltd? Don't make the switch just because someone told you it's "more tax efficient" β€” get the numbers checked first.

πŸ“… The Tax Deadlines Every Business Owner Should Have SavedMiss a deadline and you could be facing penalties, interest, a...
12/06/2026

πŸ“… The Tax Deadlines Every Business Owner Should Have Saved

Miss a deadline and you could be facing penalties, interest, and a whole lot of unnecessary stress. 😬

Staying ahead of deadlines can save you time, money, and headaches.

βœ… Save this post
βœ… Add the dates to your calendar
βœ… Avoid last-minute panic

Remember: HMRC won't accept "I forgot" as an excuse.

πŸ’Έ Tax-Deductible Expenses That Surprise Business Owners πŸ‘€Most people know about laptops and office supplies...But did yo...
10/06/2026

πŸ’Έ Tax-Deductible Expenses That Surprise Business Owners πŸ‘€

Most people know about laptops and office supplies...

But did you know some of these could also be tax deductible?

βœ… Professional subscriptions
βœ… Work mobile phone
βœ… Home office costs
βœ… Business mileage
βœ… Training & courses (in certain circumstances)

But did you know some of these could also be tax-deductible?K

πŸ€” Ever nod along while your accountant talks... but secretly have no idea what they're saying?You're not alone.Accountin...
06/06/2026

πŸ€” Ever nod along while your accountant talks... but secretly have no idea what they're saying?
You're not alone.

Accounting jargon can make simple concepts sound way more complicated than they need to be.

πŸ“Š Revenue
πŸ’Έ Expenses
πŸ“‹ Liabilities
πŸ“ˆ Profit

These are terms every business owner hears regularly β€” but understanding what they actually mean can help you make better decisions and avoid costly mistakes.

πŸ’¬ What's the most confusing accounting term you've come across?

πŸš—πŸ’· BIG NEWS FOR BUSINESS OWNERS & EMPLOYEESFor the first time since 2011, HMRC has increased the tax-free mileage rate!πŸ“ˆ...
02/06/2026

πŸš—πŸ’· BIG NEWS FOR BUSINESS OWNERS & EMPLOYEES

For the first time since 2011, HMRC has increased the tax-free mileage rate!

πŸ“ˆ From 45p β†’ 55p per mile
πŸ“… Backdated to 6 April 2026
πŸš— Applies to the first 10,000 business miles
βœ… Applies to employees AND the self-employed

That means more tax-free relief for every business mile you drive.

If you've already claimed mileage this tax year, it may be worth checking whether you're entitled to additional relief under the new rates.

Quick Tax Myths β€” BUSTED πŸš«πŸ’·There’s a lot of bad tax advice floating around online… let’s clear a few things up πŸ‘€        ...
29/05/2026

Quick Tax Myths β€” BUSTED πŸš«πŸ’·
There’s a lot of bad tax advice floating around online… let’s clear a few things up πŸ‘€

How should you pay yourself as a Ltd Company Director? πŸ’·Taking money from your company the wrong way can cost you more t...
26/05/2026

How should you pay yourself as a Ltd Company Director? πŸ’·

Taking money from your company the wrong way can cost you more tax than necessary πŸ‘€

Most directors typically pay themselves using a mix of:
πŸ“Œ Salary
πŸ“Œ Dividends

The best setup depends on your:
βœ”οΈ Profit levels
βœ”οΈ Other income
βœ”οΈ Tax band
βœ”οΈ Long-term goals

What works for one director might not work for another β€” which is why planning matters.

Address

76 High Street
Brierley Hill
DY53AW

Opening Hours

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

Telephone

01384 265140

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