Keep updated with Whyfield news
and the latest industry insights...
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Directors Must Verify Their ID from 2025: A Guide to the New Companies House Rules
From 18th November 2025, you will need to verify your identity with Companies House before you can set up, own or manage a Limited Company in the UK.
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How HMRC’s new crypto reporting rules could affect you
From 1st January 2026, HMRC will start receiving detailed information about UK crypto holders from platforms and service providers. And, if you don’t tell them about your activity, you could...
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Giving business gifts? Don’t forget the rules
From Christmas hampers to client thank yous, HMRC sets strict rules, including the £50 limit. Learn when you can reclaim VAT, the cashflow benefits, and how to claim back past...
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Debunking TikTok tax myths
There are now more than 12,000 TikTok videos out there giving tax and accounting “advice”, and it's important to know that not all of it is helpful or even true.
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Fake email from HMRC asking you to confirm MTD gateway credentials
We have recently been sent an email from an account pretending to be HMRC, asking to confirm MTD gateway credentials that need to be actioned within 48 hours.
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35 million UK workers will now be able to access their taxes more easily than ever before
As part of a big push to encourage more people to use their digital tax accounts, HMRC are planning to roll out a wider range of services you can access...
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Thinking of cancelling VAT registration? What small business owners need to know
The economic environment is currently throwing more uncertainty at business owners, and we are seeing more enquiries regarding VAT deregistration, especially those providing services to the public.
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How the latest government SME strategy impacts small and medium-sized businesses
We recently saw the launch of the UK government's long-term plan for SMEs, while it doesn’t promise anything dramatic, what it does offer is a welcome sense of realism, a...
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The latest on P&L filing changes for small business
There's been plenty of talk about P&L (Profit and Loss) filing lately, but the government has now delayed the major changes for small businesses beyond 2027.
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Is countryside work better than city work?
This week, we’ve had the pleasure of welcoming Emmie to Whyfield HQ for some hands-on experience within our marketing department, and with the wider team. As part of her time...
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Whyfield at Cornwall Business Fair 2025🌟
On Wednesday, 16th July, a few of the team headed down to Truro school for the Cornwall Chamber of Commerce Business Fair for a day of connecting. Laura, our MD,...
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Diving into why M&S’s latest sandwich may be taxed as a sweet!
You may have spotted the viral strawberry and crème sandwich from M&S doing the rounds on social media or in-store. Inspired by the popular Japanese ‘sando’, it certainly caught people's...