See our news stories below

How to strengthen your balance sheet

Reasons to strengthen your company’s balance sheet Your balance sheet is one of many documents that are filed and made public via Companies House. As such it provides the outside world with a summary of your company’s financial position, including assets and liabilities, at a fixed moment in time. It’s there, generally on display for […]

Read More

HMRC to increase action against potential fraud

It has been reported recently that the government will invest over £100m to combat the estimated £3.5 billion fraudulent claims of Covid-19 support packages. This will involve a team of more than 1,000 HMRC staff. Clearly, there is an intention to investigate fully all areas of concern. However, currently big business investigations are already taking […]

Read More

Kilsby Williams appointed as auditors and tax advisors for national retail chain

South East Wales’ largest independent accountancy firm, Kilsby Williams, has been appointed to audit national retail chain Poundstretcher, as well as advise on tax matters. Established in 1981, Poundstretcher is a well-known high-street brand with over 370 stores across the United Kingdom, including 26 in Wales. In its fortieth year, the discount store chain has […]

Read More

How super is the super-deduction?

One of the headline grabbers in the recent Budget was the announcement of a super-deduction for expenditure on plant and machinery by companies. Based on the draft legislation, companies which incur expenditure on new plant and machinery (including commercial vehicles) from 1 April 2021 to 31 March 2023 should be able to claim a deduction […]

Read More

VAT tips, grant updates and more

Following the Chancellor’s recent Budget announcement, we have collated important dates, practical VAT tips, helpful reminders and grant information for your business to consider: VAT, Compensation and Early Termination Fees In 2020, HMRC revised their guidance and ruled that income received from early contract termination, cancellation fees, liquidated damages and compensation would be regarded as […]

Read More

Budget 2021

This Summary covers the key tax changes announced in the Chancellor’s speech and includes tables of the main rates and allowances. Included in our guide to the Spring Budget 2021, you will find a calendar of the tax year with important deadline dates shown. We have outlined the significant points of interest below. However, we would recommend downloading […]

Read More

Subscribe to our Newsletter