Are you ready for Making Tax Digital? Take our 2 minute survey below and be in with a chance of winning a hamper worth £100 from our fab client The Cornish Foodbox Company. https://www.surveymonkey.co.uk/r/3T9YDFR
Sage, the old favourite, something that is synonymous with the accountancy profession, is changing to get ready for Making Tax Digital (MTD). Whilst that shouldn’t be surprising, given they are one of the UK’s largest technology companies, you need to be a little bit careful and check whether you’ll be compliant when the new regime
Making Tax Digital is on its way. Next year, if your turnover is over the VAT threshold, you’ll need to submit returns online. In readiness, HMRC has been working with more than 150 software suppliers who have said they’ll provide software for Making Tax Digital for VAT in time for April 2019. If you’ve got a system
Two talented accountants at Truro firm Whyfield are looking forward to the next stage of their careers after passing their final Association of Accounting Technicians (AAT) exams. Jess Crook and Josh Collett have passed the fourth and final level AAT exams last year to become fully qualified accountants. Both have progressed right through the AAT route which enables them to
Truro-based accountancy firm Whyfield are celebrating a significant win with the hugely successful Unlocking Potential mentoring programme. Unlocking Potential has been working with businesses and graduates in Cornwall for over ten years, helping people develop and businesses grow. Their mission is to unlock the potential within each person or business that they work with. Through
Whyfield is very proud to announce we’re the first accountancy firm from the region to join HM Treasury’s Women in Finance Charter which has been released today from Whitehall. It sees us sign up to the Charter along with 66 other organisations including big names from across the world of finance such as J.P. Morgan, Admiral Group, Equifax, Investec Asset Management, and
Cast your minds back to 2015. Hopefully it was a good year for you, with some great memories. For us in the accountancy world, something very significant was announced. Following the budget, the Government decided to lay out it’s vision for a ‘really simple’, ‘easy to use’ transformed digital tax system – Making Tax Digital
Whilst our director Laura Whyte didn’t win ‘Licensed Member of the Year’ at the AAT (Association of Accounting Technicians) Professional Member Awards 2018, Whyfield’s clients will be benefiting from her presence at the AAT’s Annual Conference. Laura, along with fellow director Roxane Neave, attended the two day gathering of top accountancy professionals and industry experts
Everyone loves Airbnb. It’s a wonderful way of seeing the world on a budget and the South West of England is no exception to that. The brand will undoubtedly be big business as we approach this summer season in this part of the world. The sudden growth of Airbnb has taken the world by storm
Accountancy firm Whyfield has continued its rapid expansion with the arrival of two experienced accountancy professionals. Laura Booth and Annabelle Forrest have joined the Truro-based firm to meet continued demand from its growing client list. Whyfield now has a team of 11 after expanding by 50% over the past 12 months thanks to its modern approach enabling clients to have
It has been talked about for years but The Treasury officially announced in the Spring Statement that it has launched a consultation on the VAT threshold. The mere mention of VAT often sparks sensitivity from small businesses in particular who fear the lowering of the threshold from the current £85,000 down to a figure of
HMRC’s Task Forces are working across the UK to target cash businesses – particularly those involved with catering. The potential issues HMRC are looking for include under-declarations of sales, incorrect liability, standard-rated/zero-rated apportionments on eat-in and takeaway foods and the VAT treatment of tips and gratuities. Test Purchases at Cash Businesses As well as carrying out scheduled