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Kilsby Williams appoints directors in new year promotions

Tax and accountancy specialist Kilsby Williams has announced a trio of senior level promotions to start the new year. The Newport-based business, which is the largest independent firm in the region, has promoted three employees to director roles within its tax and business services teams. Lucy Creese and Kaye Morris have been promoted to director […]

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A Littler more income tax for Luke

Teenage darts sensation Luke Littler has taken the sports world by storm recently with his incredible run to the World Darts Championship (WDC) final at Alexandra Palace, his recent win at the Bahrain Darts Masters, and his Premier League Darts debut in Cardiff. It has been a fairytale start to 2024 for the 16 year […]

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Is this the end of the P11D as we know it?

On 16 January 2024, the government announced a series of measures to simplify and modernise the tax system, including proposed changes to the reporting of benefits in kind. Traditionally, taxable benefits or taxable work-related expenses received by an employee in a tax year are reported on form P11D. Popular benefits include company cars and private […]

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2024: Elections, budgets and economic cheer!

Insights from Kilsby Williams’ Tax Director Rob Meredith The holiday season was barely over when election fever started to take hold. There was much excitement when the prime minister took to the streets in early January and teased that his ‘working assumption’ is that a vote will be called in the ‘second half of this […]

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‘Tis the Season for Trivial Benefits

As the holiday season approaches, employers may be considering making gifts to employees and/or having parties. Trivial Benefits A gift that meets the trivial benefits conditions can boost morale and has tax advantages for both the employer and employee as qualifying gifts do not suffer income tax or national insurance and the cost is tax […]

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Pool Vehicles – what are they for tax purposes?

A pool vehicle is a business-owned car or van that is available for use by one or more employees. A pool vehicle must meet the following conditions to be exempt from being categorised as a benefit in kind: The vehicle is made available to, and is used by, more than one employee and evidence of […]

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