Tax Tips and Potential Traps
Grants for innovation – watch out for the impact on Research & Development tax relief claims When starting a new innovative project, it is tempting to apply for any grant that is available to you to help fund your project. However, if your project is likely to qualify for Research and Development (“R&D”) tax relief, in […]
HMRC to increase action against potential fraud
It has been reported recently that the government will invest over £100m to combat the estimated £3.5 billion fraudulent claims of Covid-19 support packages. This will involve a team of more than 1,000 HMRC staff. Clearly, there is an intention to investigate fully all areas of concern. However, currently big business investigations are already taking […]
Kilsby Williams appointed as auditors and tax advisors for national retail chain
South East Wales’ largest independent accountancy firm, Kilsby Williams, has been appointed to audit national retail chain Poundstretcher, as well as advise on tax matters. Established in 1981, Poundstretcher is a well-known high-street brand with over 370 stores across the United Kingdom, including 26 in Wales. In its fortieth year, the discount store chain has […]