News

2020 has been a year like no other. All businesses have worked tirelessly to navigate the relentless storms that COVID-19 has created. It is unclear how demand will recover and cash will be tight for many clients for the next 6-8 months or more. It is therefore essential to ensure cash reserves are conserved and […]

The Treasury has announced that the temporary extension of the £1 million cap for the Annual Investment Allowance (AIA), which was originally due to revert to £200,000 on 1 January 2021, will now be extended until 1 January 2022. The Government has recognised that uncertainty arising from Covid and Brexit mean that, in many cases, […]

Already utilise or considering a company car? We explain why low or zero emission cars could be very tax efficient: Normally, we do not recommend company cars because the P11D benefit can give rise to substantial tax charges for the employee and the company. However, the position for very low emission cars is different. For […]

Kilsby & Williams are currently celebrating National Payroll Week, which recognises the importance of payroll within a business and the necessity to stay up to date with increasingly complex legislation.

A Newport-based accountancy firm has seen a steep rise in enquiries about the Making Tax Digital process despite there only being weeks left until the HMRC deadline.

A Newport-based accountancy firm has fought off tough competition to oversee the accounts of one of South Wales’s biggest construction projects