Kilsby Williams continues to grow with new appointments

Tax and accountancy specialist Kilsby Williams has strengthened its business services and tax teams as the Newport-based firm continues to grow. Ken Vargis has been appointed as a manager in Kilsby Williams’ business services team. An assurance professional, Ken will be applying his significant auditing expertise to support the firm’s varied client portfolio. Ken said: […]

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Spring Budget 2024: Something to shout about?

Insights from Kilsby Williams’ Tax Director Rob Meredith The key announcements in the Chancellor’s Spring Budget were widely trailed and most of what was set out in the newspapers in the run up to Budget Day was ticked off by the Chancellor as the speech extended well past an hour. There was a lot in […]

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R&D – Seismic change is on the way

The R&D tax relief landscape is undergoing seismic change as a result of the Government’s ongoing attempts to tackle fraud and abuse in the sector.  This started with the changes to the rates effective from 1 April 2023, continued with the introduction of the mandatory Additional Information Form (AIF) from 8 August 2023, and will […]

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Food for thought

Supplies of food used for human consumption are generally zero-rated for VAT. However, there are some exceptions, such as confectionery, which are standard-rated. Cakes are zero-rated but determining whether a product is a cake has never been straightforward and has just become even more complicated. In the recent Duelfuel Nutrition case, the First Tier Tribunal […]

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Undeclared dividends targeted by HMRC

HMRC are now turning their gaze to Company Directors where they suspect dividends have been drawn but not declared. Their focus is on investigating company reserves where profits have been made but the reserves are depleted, suggesting a dividend may have been taken.  A challenge is then made giving the owners an opportunity to declare […]

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Inheritance Tax planning – a guide to smart giving

In the complex landscape of planning for your family’s future, it’s essential to explore opportunities that not only preserve your wealth but also ensure a seamless transition for your loved ones. One critical aspect is Inheritance Tax (IHT) planning, where strategic decisions can significantly impact the legacy you leave behind. Below are some options and […]

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