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.
Get the key takeaways from the 2025 Spring Budget, including changes to the national minimum wage, tax enforcement, welfare adjustments, and defence spending.
With Employer National Insurance changes coming in April 2025, businesses must prepare for increased costs. Our free forecasting tool helps you budget by mapping out total staff expenses, including NI and pensions, so you can plan with confidence.
With rising employment costs, including minimum wage and NI increases, businesses face financial challenges. Stephens Scown’s employment law experts outline key workforce adjustments, legal risks, and best practices to help you navigate these changes.
Big changes are coming to Statutory Sick Pay (SSP). Employees will soon get sick pay from day one, and low earners will also qualify for support. We break down what the new rules mean and how they impact employers.
Take control of your finances with these practical tips to help you manage your money more effectively, whether you’re tackling debt, trying to improve your credit score, planning fore retirement, or just wanting to gain more control of your money.
We’ve received an fake email requesting review of a document from ‘Government Gateway’
We would also advise you don’t forward the email as this risks the link being clicked by others, and never open any attachments unless you are sure they are legitimate.
From April 2025, the Capital Gains Tax (CGT) rate for Business Asset Disposal Relief (BADR) is increasing, meaning business owners could face higher tax bills when selling their companies.
With rates rising to 14% in 2025 and 18% in 2026, planning ahead is important. Learn how these changes impact you and what steps you can take to minimise your tax liability before the hike kicks in.
Debt can easily creep up on us unnoticed. But, the good news is, it can be managed and overcome with the right approach.
We hear from Peter McGahan, of Worldwide Financial Planning, as he shares his practical tips to tackle debt.
We’ve received an email asking for a signature from “us” at Whyfield, on a Tax Return Engagement Letter.
This email is not from us.
We’ve been sent a very convincing email from an account pretending to be HMRC, and we’ve been made aware that others have received the same email.
From April 2025, small employers can reclaim 108.5% of statutory pay costs, including maternity and paternity leave. Find out who’s eligible and how to claim.
If you pay into a pension scheme and qualify for additional tax relief, you can now apply online through HMRC without filing a full tax return. Find out what you’ll need and how to get started.