M Zaidi & Co - Chartered Accountants and Registered Auditors

M Zaidi & Co - Chartered Accountants and Registered Auditors M Zaidi & Co. – Chartered Accountants & Registered Auditors with 50+ years of trusted expertise in Central London, South London & Dubai.

From startups to enterprises, we deliver integrity-driven solutions and expert guidance to help your business thrive. M Zaidi & Co. - Chartered Accountants & Registered Auditors

Trusted financial expertise for over 50 years in CentralLondon, South London and Dubai. From ambitious startups to established enterprises, we deliver integrity-driven solutions and expert guidance that help businesses th

rive. With five decades of proven experience, we understand what it takes to build financial success. Our commitment to integrity and efficiency has made us the trusted partner for businesses at every stage of their journey. Your financial success is our commitment.

If your business operates as a Limited Liability Partnership (LLP), a recent UK Supreme Court ruling could have importan...
21/07/2026

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 re...
20/07/2026

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 ...
17/07/2026

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.Mi...
16/07/2026

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

Post for todayImage TextBought Equipment for Your Business?You may not need to wait years to claim tax relief.With Annua...
14/07/2026

Post for today

Image Text

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

Caption

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, investor...
13/07/2026

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

HMRC is introducing tougher measures for tax returns containing reckless untrue statements.The message is simple:If you'...
10/07/2026

HMRC is introducing tougher measures for tax returns containing reckless untrue statements.

The message is simple:

If you're unsure about a figure, don't estimate it or submit it without checking.

The new rules focus on situations where someone files a tax return using information they know may be incorrect—or where they ignore obvious risks instead of verifying the facts.

This could affect:

• Business owners
• Individual taxpayers
• Accountants and tax advisers

The key takeaway?

📌 Keep accurate records.
📌 Verify your figures before filing.
📌 Don't rely on assumptions or incomplete information.

Making an honest mistake is very different from submitting figures without taking reasonable steps to ensure they're correct.

At Zaidi & Co, we help businesses and individuals prepare accurate tax returns backed by reliable records—giving you confidence before anything is submitted to HMRC.

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

Many parents assume that any money saved in their child's name is automatically tax-free.Not always.While children gener...
09/07/2026

Many parents assume that any money saved in their child's name is automatically tax-free.

Not always.

While children generally have their own Personal Allowance and can earn up to £12,570 before paying Income Tax, there's an important HMRC rule that often catches families by surprise.

If a parent gifts money to their child and that money generates more than £100 of interest per year, the interest is usually treated as the parent's income for tax purposes—not the child's.

This rule applies per parent, per child, and it's designed to prevent parents from reducing their own tax liability by transferring savings.

Understanding how savings are taxed can make a real difference when planning for your child's future.

At Zaidi & Co, we help families structure their finances in a tax-efficient way while staying fully compliant with HMRC rules.

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

Major payroll changes are on the horizon, and employers should start preparing now.HMRC has confirmed that mandatory pay...
08/07/2026

Major payroll changes are on the horizon, and employers should start preparing now.

HMRC has confirmed that mandatory payrolling of Benefits in Kind (BiKs) will be introduced in phases, giving businesses time to adapt before the new rules become compulsory.

If you provide employee benefits such as:

🚗 Company cars
🏥 Private medical insurance
🎁 Other taxable employee benefits
..your payroll processes may need updating.

The new requirements will include:

✅ Reporting Benefits in Kind through payroll
✅ Collecting Income Tax in real time instead of through year-end adjustments
✅ Applying Class 1A National Insurance through payroll

Although implementation is being phased in, preparing early can help you avoid reporting errors, payroll disruption, and unnecessary compliance risks.

At Zaidi & Co, we help businesses stay ahead of HMRC changes by reviewing payroll systems, ensuring compliance, and making the transition as smooth as possible.

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

July is one of the busiest compliance months of the year for many UK businesses.Whether you're an employer, contractor, ...
07/07/2026

July is one of the busiest compliance months of the year for many UK businesses.

Whether you're an employer, contractor, or company director, there are several important HMRC deadlines you shouldn't overlook.

Key July 2026 deadlines include:

✅ PAYE Settlement Agreement (PSA) applications and amendments
✅ P11D & P11D(b) submissions for employee benefits
✅ Class 1A National Insurance payment deadlines
✅ CIS monthly returns, including nil returns where applicable
✅ Updates affecting voluntary National Insurance contributions for individuals working abroad

Missing these deadlines could result in:

⚠️ Penalties
⚠️ Interest charges
⚠️ Unnecessary compliance issues

Staying ahead isn't just about avoiding fines—it's about keeping your business running smoothly and giving yourself time to plan.

At Zaidi & Co, we help businesses manage tax and payroll obligations throughout the year, so nothing gets missed when deadlines arrive.

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

Address

241 Mitcham Road
London
SW179JQ

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

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