M Zaidi & Co - Chartered Accountants and Registered Auditors

Most people become self-employed for one reason: freedom.

The freedom to choose their clients, manage their own schedule, and build a business on their own terms.

But as your business grows, so do your responsibilities.

Suddenly, you're juggling:

✔️ Bookkeeping and record keeping
✔️ Invoices and payments
✔️ Tax returns and HMRC deadlines
✔️ Allowable expenses and deductions
✔️ Financial planning and compliance

What starts as a side task can quickly become one of the biggest challenges of running your business.

The good news? You don't have to manage it all alone.

At Zaidi & Co, we help self-employed professionals stay organised, compliant, and financially confident. From bookkeeping and tax returns to proactive tax planning and ongoing business support, we take care of the numbers so you can focus on what you do best.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

Making Tax Digital (MTD) is changing the way many landlords report their rental income to HMRC, and keeping up with the new requirements can feel overwhelming.

If you're unsure about quarterly submissions, digital record keeping, or whether the rules apply to you, getting timely advice is more important than ever.

With MTD, leaving questions unanswered could lead to avoidable mistakes, missed deadlines, and unnecessary stress.

At Zaidi & Co, we provide clear, practical guidance to help landlords understand their obligations, stay compliant, and manage their property finances with confidence.

Whether you're preparing for MTD for the first time or simply need expert support, our team is here to help every step of the way.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

If you employ staff, Workplace Pension Auto Enrolment isn't just good practice—it's a legal requirement.

Managing pension responsibilities can quickly become complex, from assessing employee eligibility to calculating contributions and maintaining ongoing compliance. Missing your obligations could result in unnecessary penalties and added administrative pressure.

At Zaidi & Co, we help employers simplify the entire process, allowing you to focus on running your business with confidence.

Our Auto Enrolment Pension Service includes:

✔️ Workplace Pension Setup
✔️ Employee Eligibility Assessments
✔️ Payroll & Pension Integration
✔️ Pension Contribution Management
✔️ Re-enrolment Support
✔️ Ongoing Compliance & Regulatory Guidance

Whether you're enrolling employees for the first time or looking for expert support with your existing pension scheme, our team is here to help ensure everything is managed accurately and on time.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

The UK Government is consulting on proposals that could require most VAT-registered businesses and employers to pay their VAT and PAYE liabilities by Direct Debit.

While no changes have been confirmed, the proposal signals the direction HMRC may take in the future.

If introduced, the new rules could:

✔️ Make VAT and PAYE payments simpler
✔️ Reduce missed payment deadlines
✔️ Improve payment accuracy
✔️ Help businesses avoid interest and penalties

The consultation is also asking businesses for feedback on:

• Why some businesses prefer alternative payment methods
• Whether certain businesses should be exempt
• What penalties should apply for non-compliance

The consultation closes on 16 August 2026, giving businesses an opportunity to have their say before any decisions are made.

Although these proposals are not yet law, staying informed now means you'll be better prepared if HMRC introduces mandatory Direct Debit payments in the future.

At Zaidi & Co, we keep businesses up to date with the latest tax developments, helping you prepare for changes before they take effect.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

If your business operates as a Limited Liability Partnership (LLP), a recent UK Supreme Court ruling could have important tax implications.

The Court has confirmed that only legally enforceable rights set out in an LLP agreement count when deciding whether a member has significant influence over the business.

This means that experience, seniority, or informal decision-making alone will not satisfy the test.

Why is this important?

If an LLP member meets all three salaried member conditions, they may be treated as an employee for Income Tax and National Insurance purposes rather than as self-employed.

The three key tests are:

✔️ Most of the member's income is disguised salary
✔️ They do not have significant legally enforceable influence over the LLP
✔️ Their capital contribution is less than 25% of their disguised salary

This ruling could affect professional practices, investment firms, and many other LLPs, making it a good time to review your LLP agreement and member arrangements.

Book your FREE consultation with Zaidi & Co to ensure your LLP structure remains tax-efficient and compliant.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

22 July is an important HMRC deadline for employers and businesses making electronic payments.

By this date, HMRC must receive payments for:

✔️ PAYE (Pay As You Earn)
✔️ National Insurance Contributions
✔️ Construction Industry Scheme (CIS)
✔️ Class 1A National Insurance on employee benefits

Missing the deadline could result in interest charges and penalties, so it's important to ensure your payments are made in good time.

If you're unsure about your payroll obligations, employment taxes, or upcoming HMRC deadlines, the team at Zaidi & Co is here to help you stay compliant and avoid unnecessary costs.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

A change in government leadership can bring significant changes for small and medium-sized businesses.

From tax policies and employment regulations to business support and investment, new priorities can directly affect how SMEs operate and plan for the future.

Areas to keep an eye on include:
✔️ Business taxation
✔️ Employment law and payroll
✔️ Funding and investment initiatives
✔️ Planning and regulatory reforms
✔️ Measures to support business growth

While policy changes may create new opportunities, they can also introduce new compliance requirements and financial challenges.

For SMEs, staying informed and adapting early is key to making the most of any changes.

At Zaidi & Co, we help businesses navigate changing regulations, optimise tax planning, and make confident financial decisions in an evolving business landscape.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

If you make Payments on Account under Self Assessment, your second payment for the 2025/26 tax year is due by 31 July.

Missing the deadline could result in:
✔️ Interest on overdue amounts
✔️ Potential penalties
✔️ Unnecessary financial stress

Planning ahead can help you manage your cash flow and avoid last-minute surprises.

Not sure how much you need to pay or whether Payments on Account apply to you? Professional advice can make the process much simpler.

At Zaidi & Co, we provide clear, practical tax advice to help individuals and businesses stay compliant and meet every HMRC deadline with confidence.

📞 0208 767 2300
📧 [email protected]
🌐 www.zaidiandco.co.uk

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Bought Equipment for Your Business?

You may not need to wait years to claim tax relief.

With Annual Investment Allowance (AIA), many businesses can claim 100% tax relief on qualifying plant and machinery in the year it’s purchased.

Eligible items can include:
✔ Computers & laptops
✔ Office furniture
✔ Business machinery
✔ Vans (subject to rules)
✔ Tools & equipment

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Many business owners assume that the cost of equipment has to be claimed over several years.

In many cases, that’s not true.

If your business purchases qualifying plant and machinery, you may be able to claim 100% tax relief through the Annual Investment Allowance (AIA) in the same accounting period, rather than spreading the deduction over time.

Common qualifying purchases include:
• Computers and IT equipment
• Office desks, chairs and furniture
• Manufacturing or workshop machinery
• Business tools and equipment
• Certain commercial vehicles such as vans (subject to the relevant tax rules)

Planning these purchases before your accounting year-end can have a significant impact on your taxable profits.

Not every asset qualifies, and the rules vary depending on the type of expenditure, so it’s worth reviewing your investment plans before making major purchases.

Need advice on claiming capital allowances correctly? The team at Zaidi & Co can help you maximise the relief available while staying fully compliant.

📞 +44 20 8767 2300
📧 [email protected]
🌐 zaidiandco.co.uk

The Finance Act 2026 has introduced several important tax changes that could affect business owners, landlords, investors, and company directors.

Here are four changes you shouldn't ignore:

❄️ Income Tax Thresholds Remain Frozen Until 2031
As incomes rise but tax bands stay the same, more people could gradually move into higher tax brackets.

📈 Dividend Tax Rates Have Increased
The basic rate has increased by 2%, meaning many shareholders and company directors may pay more tax on dividend income.

🏦 Inheritance Tax & Pensions
Unused pension pots will generally become part of your estate for Inheritance Tax purposes under the new rules, making estate planning more important than ever.

🏭 Capital Allowances Updated
The main writing-down allowance has reduced to 14%, while a new 40% First-Year Allowance has been introduced for qualifying expenditure, creating new planning opportunities for businesses.

These aren't just legislative updates—they could influence how you invest, withdraw profits, plan your estate, and manage your business over the coming years.

At Zaidi & Co, we help individuals and businesses understand what these changes mean in practice and build tax strategies that adapt as the rules evolve.

📞 Call: +44 20 8767 2300
📧 Email: [email protected]
🌐 Website: zaidiandco.co.uk