Business Details
8 Years
experience
Expert Accountants in Truro, Cornwall
Tolvern is a Chartered Tax Advisers and Accountants firm based in Truro, Cornwall, dedicated to providing comprehensive accountancy services tailored to businesses and individuals. With a team of qualified professionals, we specialise in accounts preparation, tax compliance, corporation tax, VAT, payroll, and business start-up support. Our approach focuses on understanding clients' unique needs to deliver jargon-free, tax-efficient solutions while maintaining full compliance with HMRC regulations. We prioritise building long-term relationships, offering ongoing advisory services to help clients navigate complex financial landscapes.Our expertise extends to tax planning, HMRC investigations, and payroll management, ensuring businesses remain compliant and financially optimised. The team combines academic excellence with practical experience across diverse sectors, including education, healthcare, and hospitality. We are committed to continuous professional development, with staff pursuing advanced qualifications like CTA and ACCA. Our services are designed to alleviate administrative burdens, allowing clients to focus on core business activities while benefiting from expert guidance and strategic financial planning.
Services
Accounts Preparation
Tax Compliance
Payroll Management
VAT Advisory
Business Startups
HMRC Investigations
Tax Planning
Bookkeeping
Corporation Tax
Details
- Year established: 2018
Highlights and features
- We offer over 20 years of combined tax advisory experience in Cornwall.
- Our team holds Chartered Tax Adviser and ACCA qualifications for expert compliance.
- We provide jargon-free, tailored financial solutions for businesses and individuals.
- Our proactive approach minimises HMRC investigation risks through strict compliance.
- We combine academic excellence with sector-specific experience in education and healthcare.
Associations and certifications
- Chartered Tax Adviser
- Association of Taxation Technicians (ATT)
- Association of Accounting Technicians (AAT)
- Chartered Institute of Payroll Practitioners (CIPP)
What people say
Expert tax advice
Personalised service
Proactive compliance
Sector-specific knowledge
Services
Accounts Preparation
We prepare accurate, timely accounts for sole traders, partnerships, and limited companies. Our service includes year-end reporting, financial statement analysis, and client consultations to explain results. We ensure compliance with accounting standards and provide strategic insights to support business growth through detailed financial reviews.
Tax Compliance
Our tax compliance service covers personal and corporate tax returns, VAT submissions, and PAYE processing. We ensure all filings meet HMRC deadlines and regulations while identifying efficiency opportunities. The team provides clear explanations of tax obligations and maintains meticulous records to prevent compliance issues.
Payroll Management
We manage payroll processing for businesses with 1-100 employees, including CIS compliance, auto-enrolment pensions, and statutory payments. Our service ensures accurate, timely payments while handling HMRC reporting requirements. We simplify complex payroll legislation to reduce administrative burdens for business owners.
Tax Planning
Our tax planning service identifies legitimate efficiency opportunities through business structure reviews and timing strategies. We advise on government schemes and tax deferments while avoiding aggressive avoidance tactics. The approach balances compliance with financial optimisation to enhance long-term business sustainability.
HMRC Investigations
We represent clients during HMRC investigations, acting as intermediaries to explain complex processes. Our service includes preparing documentation, attending meetings, and negotiating settlements. We focus on resolving issues quickly with minimal penalties while maintaining compliance standards to prevent future investigations.
People
David Reid
Director
Director with tax expertise, previously partnered with Peter May. Holds CPA, MAAT, and ATT qualifications. Combines mathematics degree with hospitality experience to support local businesses. Pursuing CTA qualification for continued professional development.
Peter Masters
Director
CTA-qualified director with mathematics teaching background. Joined Tolvern in 2016 after teaching A-Level Mathematics. Holds CPA and MAAT qualifications. Specialises in corporate tax strategy and compliance for Cornish businesses.
Daniel Masters
Accounts Manager
ACCAs student with AAT qualification. Former mathematics lecturer at Truro & Penwith College. Provides accountancy services while pursuing chartered status. Combines teaching experience with practical financial management expertise.
Kerry Endean
Payroll Manager
CIPP-qualified payroll specialist with experience in education and administration. Manages payroll, CIS, and pensions for diverse clients. Pursuing level 5 CIPP qualification to enhance payroll expertise and industry progression.
Chloe McGrath
Accountant
MAAT-qualified accountant transitioning from NHS management accounting. ACCA student providing accountancy services. Combines healthcare sector experience with financial expertise to support varied business clients.
Questions
What accounting services do you offer for local businesses?
We provide accounts preparation, tax compliance, payroll management, VAT advisory, and business start-up support tailored to Cornish businesses.
How do you help businesses with tax efficiency?
We review business structures, identify tax reliefs, advise on timing strategies, and ensure compliance while avoiding aggressive tax avoidance schemes.
Can you assist with HMRC investigations?
Yes, we represent clients during HMRC investigations, handle documentation, attend meetings, and negotiate settlements with minimal penalties.
What payroll services do you provide?
We manage payroll processing, CIS compliance, auto-enrolment pensions, and statutory payments for businesses with 1-100 employees.
Do you support new business start-ups?
Yes, we assist with HMRC registration, bookkeeping methods, market analysis, and payroll procedures for new businesses in Cornwall.
How do you ensure compliance with tax regulations?
Our team maintains strict compliance through continuous professional development, accurate reporting, and proactive communication with HMRC.
