Every business has a statutory obligation to produce annual accounts for the appropriate authorities.
We are Whyfield. A trusted accountancy partner, experts in cloud accounting and business support, focused on helping your businesses and lives to flourish.
How we can support you?
Every business has a statutory obligation to produce annual accounts for the appropriate authorities.
Streamlined and comprehensive bookkeeping which presents you with business insight and control.
We offer dedicated training packages to help you get the most out of cloud accounting software.
More than just accountants, we help turn great ideas into start-ups and help established businesses to perform better.
Whyfield is very much a modern firm of accountants based in Truro. Our team are highly accredited and highly regarded by our clients throughout Cornwall, Devon and across the UK.
We’re totally in tune with digital accounting. Established in 2014, we have embraced cloud accounting with open arms and have successfully transformed the way hundreds of businesses approach their accounting.
Having made the switch over to new cloud-based systems, our clients now benefit from systems such as Xero, Quickbooks, Freeagent and Sage. Now, they can see how their business is performing in an instant. In an age when we can run a bath or book a table from our smartphones, why meet with your accountant once a year and wait around for your accounts?
As experienced business advisors, we help turn ideas into thriving start-ups and work with established local businesses to deliver the plans of directors and shareholders.
Since 6th April Employers’ National Insurance has increased from 13.8% to 15%. We want to make sure that you are aware of the Employment Allowance and if you are able to claim it, specifically sole director businesses.
The marriage allowance is worth £252 a year for those that are eligible, and can even be backdated for up to 4 years if the conditions are met during that time which amounts to over £1,000 for those four years!
If you manage or work within a digital platform you may need to collect and check information about sellers on the platform and pass this on to HMRC.
Fingers or skewers? How do you eat your marshmallows?
Believe it or not, this seemingly silly question is now central to a £500,000 VAT dispute that’s gone all the way to the Court of Appeal.
We have been made aware that one of our clients has been sent a very convincing letter in the post. We want to make everyone aware of this and how to identify if a letter is genuine or part of a scam.
If you are due a tax refund for your self-assessment, you might receive a text from HMRC letting you know how it’s processing. The message will confirm your refund is being processed and when to expect it.
Had a visit from someone who claims to be HMRC? Don’t worry, you can double-check that they are who they state they are. Here’s how…
From summer 2025, the High-Income Child Benefit Charge (HICBC) can be collected through PAYE, meaning fewer people will need to file a Self-Assessment just for this. If you’re earning over £60,000 and receiving Child Benefit, this update could save you a bit of admin (and a few grey hairs)…
Registered companies are being encouraged to stay on top of their confirmation statement filing responsibilities, as late filing penalties were set to come into effect this year.
As we are now a few days into the new tax year, we thought it would be the perfect opportunity to remind you of what is ‘allowable’ when working out your taxable profits for the year.
Making Tax Digital is moving beyond VAT to cover Income Tax from April 2026. Find out what it means for you and when you’ll need to take action.
If you have the funds available, you could top up your pension, fill in any gaps in your National Insurance record, or maximise your ISA savings – all smart moves that could help boost your financial future.