The Autumn Budget 2025: the key announcements
This meant that the pundits were discussing the contents of the Budget before it had been delivered, which was unprecedented. Combined with the increasingly common leaks to media in the weeks leading up to the Budget, many of the main measures were well known in advance. However, the Treasury document that was only released at […]
Changes being made to accounting standards from 2026
The Financial Reporting Council (FRC) has published a significant update to FRS 102, which will apply to accounting periods beginning on or after 1 January 2026. These changes form part of the FRC’s periodic review of UK GAAP and are driven by a desire to bring UK standards closer to international norms—particularly IFRS 16 (Leases) […]
Kilsby Williams marks milestone graduate interest
The independent firm offers graduate trainee programmes providing an opportunity to earn a competitive starting salary in the sector while gaining practical experience with expert mentors and studying towards professional qualifications, such as the AAT and progressing to ACA. The firm has also designed apprenticeships with school leavers in mind, offering an alternative route into […]
Kilsby Williams strengthens tax team with latest appointments
Joining the team as tax managers are Aron Barnes and Sarah Diggle. Aron, a Chartered Tax Adviser who has worked for both ‘Big Four’ and local independent firms, specialises in personal tax matters, working closely with high-net-worth individuals and owner-managed businesses. Sarah is a tax professional with over 25 years’ experience in personal tax compliance, […]
Tax meets tech: how AI is reshaping the future of finance
Tax meets technology Artificial Intelligence (AI) is no longer something you hear about in tech news or science fiction. It’s becoming a central part of how public services, including tax, work in the UK. HMRC, the UK’s tax authority, has been quietly using AI for several years to spot fraud, improve accuracy, and increase efficiency. […]
Rental partnerships in the UK: what they are, the path to incorporation, and the taxes/costs to expect
Owning and letting property together does not automatically create a partnership. HMRC views most joint landlords as co-owners; you only have a partnership if there’s genuine business organisation akin to a trade (e.g., multiple properties, systems, records, active management, possibly additional services). A rental partnership should have: Written partnership agreement; partnership bank account; branding/website; employees/contractors; […]
Crypto assets – strict new reporting requirements from HMRC
Investors will have to provide their name, date of birth, home address, country of residence, and national insurance numbers (tax identification numbers if they are not residents of the UK). Service providers will then collect details of any transactions, including the type of crypto assets being exchanged and the number of units. Your crypto asset […]
Advisory fuel rates
What are Advisory Fuel Rates? The Advisory Fuel Rates (AFR) are set out by HMRC as guidance for the reimbursement of fuel on company cars, not employees’ own cars. The reimbursement rates are used where employees are to be reimbursed costs associated with business travel, or where an employee is required to reimburse the employer […]
Kilsby Williams celebrates exciting team promotions
Four professionals in the tax team have marked significant milestones in their careers with promotions reflecting their dedication and expertise. David Pescod and Lauren Pigeon have risen to become Senior Tax Managers, while Jamie Cannings and Jennifer James have been promoted within the department and taken on more responsibilities within their manager roles. Rob Meredith, […]
Firm puts heart into fundraising efforts
The charity’s mission includes teaching valuable CPR and first aid skills, and ensuring communities have access to defibrillators and are trained in how to use them. Calon Hearts also provides free heart screenings for people aged between 16 and 25 to detect life-threatening heart conditions that often go undetected. The firm’s dedication to the cause […]