See our news stories below

P11D time of year

As we approach the end of the tax year, it is time for employers to start thinking about preparing the annual P11D forms which report taxable benefits provided to employees. Many employers offer their staff a reward package that includes benefits-in-kind, such as company cars, private medical insurance and other items such as gift vouchers. […]

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Mitigating the impact of the increase in National Insurance Contributions (NIC)

From 6 April 2022 to 5 April 2023, NIC will increase by 1.25% to fund social care and help the NHS recover after the pandemic. Currently employees pay 12% NIC on earnings between £9,568 and £50,270 (£9,880 from April 2022) and 2% on income over that level.  Employers suffer 13.8% on income over £9,100.  This […]

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ERF application deadline approaches

With the deadline for the Economic Resilience Fund (ERF) application fast approaching, Kilsby Williams is encouraging businesses to act fast so as not to miss out. The ERF is a Welsh Government fund of £120 million that businesses in Wales can access if they were impacted by the alert level two measures put in place […]

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Kilsby Williams joins the fight in cybercrime

Leading independent accountancy firm Kilsby Williams’ Managing Partner Simon Tee has joined the board of the Cyber Resilience Centre for Wales (WCRC). The WCRC is part of a network of centres established across the country providing a highly accessible and respected cyber resource, in an unregulated market, for simple yet effective cyber security guidance and […]

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New Partner steps up at Kilsby Williams

Leading independent accountancy firm, Kilsby Williams, has promoted Jonathan Harrhy to partner. Jonathan joined Kilsby Williams in 2007 and since then has established a wide portfolio of clients. As an associate in the business services department, Jonathan was responsible for carrying out audit, business valuations and financial due diligence on behalf of clients. In his […]

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Don’t miss tax deadlines

If you miss the deadline for filing your self-assessment tax return (31 January for online filing) you will be charged a £100 penalty. If the return is filed more than three months late, an additional £10 per day is charged and, after six months, another penalty is incurred (the higher of £300 or 5% of […]

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