Zenith Accounting | Your Trusted Partner in Financial Excellence

Precision Accounting, Sustainable Growth

Meet Aarti Patel- FCCA

Aarti is a Fellow Member of the Association of Chartered Certified Accountants (FCCA) in the UK, with over 15 years of experience in auditing and accounting.

She began her career at a small accounting firm, gaining hands-on experience in a full spectrum of accountancy services, including financial reporting, management accounts, payroll, VAT, corporate and personal taxation, company secretarial work, and due diligence.

She later led the accounting practice at a professional services firm, where she worked with a diverse client base spanning multiple sectors. Her experience includes working with FCA-regulated firms—such as payment service providers, e-money institutions, investment advisory and venture capital firms, and brokers—as well as businesses in leisure, hospitality, manufacturing, and other industries.

This broad exposure has equipped her with deep insight into the unique financial and regulatory needs of various business models. Aarti's wide-ranging expertise and client-centric approach make her a trusted advisor for companies seeking reliable financial guidance and compliance support.

Our Services

We offer a comprehensive range of corporate, accounting, tax, and compliance services to support businesses at every stage of their journey.

Company Formation & Administration

Setting up a company can be complex, but with the right guidance, it doesn't have to be. We manage the entire incorporation process, ensuring your business is structured correctly from the outset.

Beyond formation, we provide ongoing support to keep your company compliant and in good standing year after year.

Bank Account Opening Assistance

Opening a bank account—particularly in a new jurisdiction—can be time-consuming and challenging. We work with a wide network of trusted financial institutions to streamline the process, helping your company establish accounts efficiently and securely.

Directorship Services

Effective governance starts with the right leadership. We provide experienced directors who offer strategic oversight and local expertise. Whether you need individual, corporate, or independent non-executive directors, we can support your board requirements.

Company Secretarial Services

Our company secretarial services ensure your business meets all statutory and regulatory obligations. We handle the administrative essentials, allowing you to focus on running and growing your business.

Provision of a registered office address
Annual compliance filings and confirmation statements
Maintenance of statutory registers
Share issuance and transfer documentation

Accounting & Financial Reporting

We offer flexible accounting solutions, tailored to your business needs—from day-to-day bookkeeping to complex reporting for boards and investors. Our team ensures your financial records are accurate, compliant, and delivered on time.

Bookkeeping and maintenance of financial records
Management accounts (monthly/quarterly)
Board and bank reporting packages
Statutory financial statements (IFRS or UK GAAP)
Year-end audit support and liaison with auditors
Financial planning, forecasting, and budgeting

Tax Compliance & Advisory

Our tax specialists help you navigate ever-evolving tax regulations, ensuring full compliance and optimised tax outcomes. We manage your filing obligations while offering strategic advice for long-term efficiency.

Corporation tax returns and advisory
Personal and partnership tax filings
VAT planning and submission of UK VAT returns
HMRC investigations and representation
Cross-border tax and residency guidance

Payroll Services

We provide fully managed payroll services to ensure your team is paid accurately and on time. Our solution covers all aspects of payroll compliance, including pension contributions and statutory reporting.

Useful Resources

HMRC Calculators

Access HMRC's official tools and calculators for various tax computations.

HMRC tools and calculators - GOV.UK

HMRC Tax Deadlines

Key dates for your tax filing and payment obligations.

Corporation Tax Return (CT600): Due 12 months after the end of your company's accounting period
Corporation Tax Payment: Due 9 months and 1 day after the end of the accounting period

FPS (Full Payment Submission): On or before each payday
EPS (Employer Payment Summary): By the 19th of the following tax month
PAYE Payment: 22nd of the following month if paying electronically
19th of the following month if paying by post
P11D & P11D(b): Submit by 6 July after the end of the tax year
Class 1A NIC Payment (on P11D benefits): 22 July (electronic)
19 July (post)
PSA (PAYE Settlement Agreement) Application: By 5 July after the tax year ends
PSA Payment: 22 October (electronic)
19 October (post)

VAT Return & Payment: Due 1 month and 7 days after the end of each VAT period
Example: If the VAT quarter ends 30 June, your deadline is 7 August

Register for Self Assessment: By 5 October after the tax year ends
Paper Tax Return Deadline: 31 October
Online Tax Return Deadline: 31 January
Tax Payment Deadline: 31 January (balancing payment & first payment on account)
Second Payment on Account: 31 July

Autumn Budget 2025: Expected Tax Rises Ahead

Date: 23 July, 2025

With the Autumn Budget 2025 expected in late October or early November, increasing pressure on the Chancellor is raising the likelihood of new tax measures. Following recent U-turns on welfare reforms and rising public spending, the government's fiscal headroom is shrinking — making further tax rises all but inevitable.

What's Driving the Need for Tax Increases?

Welfare Spending Reversals: Reversing planned cuts to disability and pensioner benefits has created a £5 billion gap.
Tight Budget Margin: Fiscal space is now estimated at under £10 billion.
Expert Warnings: The Institute for Fiscal Studies and the Treasury have both indicated that tax increases may be necessary unless economic conditions improve significantly.

Tax Changes Likely on the Table

1. Income Tax Threshold Freeze

Rather than increasing rates, the government may extend the freeze on tax thresholds to 2030. This approach quietly boosts revenue by pulling more taxpayers into higher brackets — potentially generating £7 billion annually.

2. Capital Gains Tax (CGT) Reforms

Following changes in April 2025 to Business Asset Disposal Relief and carried interest, further CGT reforms are expected by April 2026.

3. Inheritance Tax (IHT) Adjustments

A proposed 20% charge on agricultural estates over £1 million is under review for implementation from April 2026 — a change already drawing strong opposition from farming communities.

4. ISAs and Pension Relief

High earners may see reduced tax-free allowances on ISA contributions and pension savings, as part of a broader review of personal tax reliefs.

5. Stamp Duty & Investment Reliefs

Loopholes such as those for AIM-listed shares are under consultation and may soon be closed.

Recent Tax Increases to Note

In the Autumn Budget 2024, the Chancellor announced £40 billion in tax rises, including:

Increases in employer National Insurance contributions
An increase in the Energy Profits Levy to 38%
Revisions to Inheritance Tax rules
Higher vehicle and landfill duties

Many of these changes are now law, with implementation ongoing.

When Will the Autumn Budget Be Announced?

The Autumn Budget 2025 is expected between 28 October and 4 November. Official confirmation is pending.

Who Will Be Affected?

Families & Low-Income Households: Frozen thresholds and benefit changes may reduce disposable income.
High Earners & Investors: Reduced ISA and pension reliefs, along with CGT reforms, could impact financial planning.
Farmers & Landowners: Proposed IHT changes to agricultural and business property relief continue to face backlash.
Businesses: Further payroll or corporation tax changes may affect hiring and investment decisions.

What to Watch For

Final CGT and carried interest legislation later in 2025
Draft laws on agricultural and business property inheritance tax relief
ISA and pension tax rule updates
Defence budget increases and long-term tax strategies post-2029

How Zenith Accounting Can Help

With significant changes on the horizon, advance tax planning is essential. We are closely monitoring legislative developments and will provide clients with detailed updates and strategic advice ahead of the Autumn Budget.

Nurturing Financial Success: Your Accounting Ecosystem