In amongst all the talk around Brexit (deal or no deal), GDP, debt repayments, deficits, political posturing etc, team Whyfield has gone through the pain of listening to it all so that we could pluck out the meaningful stuff for you and your business. Here’s what you need to know… Growth 1.2% growth predicted for
Please note: Information about Making Tax Digital (MTD) has now been updated. Click the link for our page on MTD, which is updated regularly with all you need to know: Making Tax Digital – Whyfield Making Tax Digital is the latest move by the Government to make it easier for individuals and business to
Please note: Information about High-Income Child Benefit Charge (HICBC) has now been updated. Click the link to head to our updated blog post on HICBC: High-Income Child Benefit Charge to be collected through PAYE – Whyfield Introduced by HMRC in 2013, the High Income Child Benefit Charge applies to parents earning over £50,000 adjusted income
Based on recent years HMRC will potentially issue at least 1 million late filing penalties. It is important to be ahead of the game in terms of advising clients who have failed to meet the filing obligation and to be able to address disputes with HMRC. Finance Act 2009, Schedule 55 and Schedule 56 reformed
Those of you who have been to London lately or have been targeted by a national campaign by the Association of Accounting Technicians could be forgiven for thinking “Hey, I know her!” when you’ve seen our Managing Director Laura Whyte on a Tube billboard or in your social feed. Laura is a big advocate of
Cornwall Chamber of Commerce sponsored by Cornwall College Business and in partnership with networking group The Hub and Business Cornwall magazine is delighted to announce the winners of Cornwall’s prestigious 30 Under 30 Awards. Sponsored by Cornwall College Business, the awards celebrate Cornwall’s brightest young business talent and those entrepreneurs doing great things in the
That’s a record number of tax returns completed for Whyfield! Thank you to all of our clients for putting their trust in us and to our dedicated team on going the extra mile at the busiest time of the year in accountancy. Interestingly, it was a UK record too… More than 11.5million taxpayers (93.68%) submitted
We’re super proud to announce that two of Whyfield’s finest have been named in Cornwall Chamber of Commerce’s 30 Under 30 list of the county’s next generation of leaders! Jess Crook and Josh Collett have been named in the list announced today by the Chamber and sponsors Cornwall College Business in partnership with The Hub
More good news to start the year… we’ve just been awarded Platinum status by QuickBooks, one of the world’s biggest brands in accounting software. QuickBooks has played a major part in the development of the industry, helping take it from an analogue based discipline through to a modern, digital professional environment. QuickBooks enable us as
Financial resolutions (part 2) In the second part of our New Year’s resolutions (the first was on debt management), I’ll cover some of the broader financial planning tips. As with all New Year’s resolutions, to give yourself the greatest chance of success, trying to do too much is a recipe for disaster. A hill too
We’re hoping you have settled into 2019, with a lack of financial hangover. Whilst there is no clinical evidence of the third Monday in January being the saddest day of the year, the culmination of two weeks battering your body in parties, no future parties to look forward to, cold rainy weather and a load
2019 New Year debt resolutions. 2018, what a year for finance, and turmoil. I’m happy if I never have to type, or hear the ‘B’ word again, the ‘B’ word that is Brexit. Building financial stability for customers can be made easier when you believe governments have some idea where they are going. But what