News

This is a gentle reminder that UK residents (individuals, trustees and personal representatives) disposing of UK residential property resulting in a Capital Gains Tax (CGT) liability have 60 days from completion to deliver a CGT Return to HMRC and pay the arising tax.  This cannot solely be dealt with on the Personal Tax Return and […]

The Patent Box is a tax incentive introduced in 2013 to encourage innovation in the UK. The regime broadly offers qualifying intellectual property (‘IP’) profits to be taxed at a reduced corporation tax rate of 10%. The current rate of corporation tax is 19% but this is increasing from 1 April 2023 to 25% for […]

Newport-based Kilsby Williams has appointed a new Tax Associate as it continues to consolidate its position as one of the country’s leading independent accountancy firms and business advisors. Rob Meredith joins the firm from PKF Francis Clark in Bristol. He grew up in South Wales and trained as a Chartered Tax Advisor in Cardiff before […]

Newport-based tax and accountancy specialists Kilsby Williams, believes that Chancellor Jeremy Hunt’s Autumn Statement is a mixed bag for organisations that benefit from the government’s Research and Development (R&D) tax relief schemes. Kilsby Williams works closely with clients to help them claim R&D tax relief through the government schemes that are designed to incentivise innovation […]

Newport-based tax and accountancy specialists Kilsby Williams has appointed five new members to its tax team. The series of appointments, ranging from graduate to managerial roles, sees the tax team grow to its highest number ever. Cardiff University graduates Colin Evans and Robert Harris join the team as Tax Assistants. The pair will be assisting […]

You would be forgiven for thinking that of all the accountancy disciplines, Payroll would be the least likely to see major changes or be subjected to industry trends. However, at Kilsby Williams, the last few years have been an especially busy time for their payroll team with legislative changes, the pandemic and adjustments in contracts […]