The General Election – more than just words

A Downing Street sign on a brick wall.

After all the predictions and hype, Rishi Sunak stood in the rain in Downing Street and asked us to decide our future on 4 July. There have been many words spoken and written since then and, as the tit-for-tat campaigns plough on, the polls continue to indicate that we will wake up on 5 July […]

Buying to Let? Company or no company?

An office with blue, grey and white chairs, tables and stools.

One of the biggest considerations is whether a limited company should be set up as a vehicle for your investment. Many self-proclaimed “property gurus” today claim a company should always be set up before investing, but this is not the best route for many. Whilst a company has the potential to provide significant tax savings […]

Furnished Holiday Let tax regime abolished

A beach view. There are coloured holiday cottages in the background.

When the FHL rules are abolished on 6 April 2025 all properties previously qualifying as FHLs will convert to being taxed as long-term residential let properties. Below is a list of tax benefits available to individual owners of FHL properties and the corresponding tax treatment of long-term residential let properties: FHL Long-term Residential Letting   […]

Kilsby Williams enhances leadership team

A group of men and women in business attire, some sitting and some standing

Lucy Creese, Stuart Evans, Dafydd Ford, Rob Meredith and Kaye Morris are being promoted from within the firm’s fast-growing commercial Tax, Growth and Transactions departments; while Huw Sheppard from the Audit and Accountancy and Payroll teams completes the leadership group. This is an incredibly exciting time for our business which will ensure we can continue […]

Tax Residence and Domicile: a brief look into the future.

An aerial view of London featuring Tower Bridge and the Shard.

As things stand, individuals who are both UK domiciled and UK tax resident are subject to UK income tax on their worldwide income and capital gains (subject to mitigations and reliefs designed to avoid double taxation). If someone is UK tax resident but ‘non-dom’ however, they can choose for non-UK income and gains to be […]