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.
Helping you navigate tax rules and reporting obligations, so you can focus on running your business with peace of mind
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.
Making sure your money and details are safe is so important. We know it can be scary knowing that the scams from fraudsters look more and more genuine each time. So, to make things easier and take some of the worry away, we’ve broken down how to check if your correspondence from HMRC is genuine.
As we move into Self Assessment season, HMRC is reminding everyone to stay alert to scam emails, texts, and calls claiming to be from them.
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.
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 face a fine of up to £300.
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 VAT on gifts.
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.
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.
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 through your online account or the HMRC app.
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.
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 grounded, strategic approach to supporting the small and medium–sized businesses that power our economy, especially here in Cornwall.
In February 2026, we’re putting our own spin on the Tour de France with a unique in-office cycling challenge, all to support an incredible cause.
You’re probably seeing A LOT of P&L chatter at the moment, on socials and in the headlines, and that’s because big changes are coming for small businesses.