Business Details
Your Trusted Chartered Accountants in Truro
Established as Chartered Tax Advisers and Accountants, we provide comprehensive accountancy services tailored to businesses and individuals. Our qualified team specialises in accounts preparation, tax compliance, PAYE, VAT, and strategic tax planning, ensuring clients achieve optimal tax efficiency. With a hands-on approach, we prioritise understanding each client's unique needs to deliver clear, jargon-free advice.Our expertise extends to HMRC investigations, business restructuring, and offshore tax matters, supported by a commitment to compliance and ongoing client education. We serve sole traders, partnerships, and limited companies, offering post-account delivery support to clarify financial insights and future planning.
Services
Accounts Preparation
Tax Compliance
VAT Advisory
Tax Planning
HMRC Investigations
Payroll Services
Bookkeeping
Business Startups
Corporation Tax
Highlights and features
- We combine Chartered Tax Adviser expertise with hands-on client support.
- Our team holds advanced qualifications including CTA and ACCA accreditations.
- We specialise in tax efficiency planning for businesses and individuals.
- Proven track record in resolving HMRC investigations with minimal penalties.
- We prioritise clear, jargon-free communication for all financial matters.
Associations and certifications
- Chartered Tax Advisers
- AAT
Services
Accounts Preparation
We prepare accurate, timely accounts for sole traders, partnerships, and limited companies. Our service includes year-end financial statements and strategic analysis to clarify business performance. Clients receive post-delivery consultations to interpret results and plan future financial strategies.
Tax Planning
Our tax planning reviews identify inefficiencies and implement HMRC-compliant strategies. We advise on reliefs, deferment options, and structural changes to reduce liabilities while avoiding aggressive avoidance schemes that risk penalties.
HMRC Investigations
We represent clients during HMRC enquiries, acting as intermediaries to translate technical jargon. Our proactive compliance approach minimises investigation risks, and we negotiate settlements with proven success in reducing penalties.
Payroll Services
We manage payroll processing for businesses with 1-100 employees, ensuring RTI compliance and accurate payments. Services include statutory pay calculations, pension auto-enrolment, and CIS scheme administration with strict deadline adherence.
Business Startups
We assist new businesses with HMRC registrations, bookkeeping systems, and financial planning. Our support covers market analysis, payroll setup, and access to business finance options to establish strong financial foundations.
People
David Reid
Director
Chartered Tax Adviser with specialist tax planning expertise. Former chef turned accountant, combining service sector experience with mathematical analysis to optimise client tax strategies.
Peter Masters
Director
CTA-qualified director with former mathematics teaching experience. Specialises in corporate tax compliance and strategic advisory for business growth.
Daniel Masters
Accounts Manager
ACCA trainee with dual mathematics and teaching background. Focuses on accounts preparation and compliance for SMEs while pursuing chartered status.
Kerry Endean
Payroll Manager
CIPP-qualified payroll specialist managing full payroll cycles, CIS, and pensions. Former teaching assistant with 10+ years' experience in payroll administration.
Chloe McGrath
Accountant
ACCA trainee with NHS financial background. Provides accounting support to businesses while completing professional qualifications.
Questions
What accounting services do you offer for small businesses?
We provide accounts preparation, tax compliance, VAT returns, payroll, and business advisory services tailored to SMEs in Truro and Cornwall.
Can you assist with HMRC tax investigations?
Yes, our team represents clients during HMRC enquiries, handles correspondence, and negotiates settlements while explaining technical processes in plain language.
Do you offer tax planning for individuals?
We provide personal tax return preparation and strategic tax efficiency planning, including capital gains and property income optimisation.
What payroll services do you provide?
We manage full payroll processing, statutory payments, pension auto-enrolment, and CIS compliance for businesses with 1-100 employees.
How do you support business startups?
We assist with HMRC registrations, bookkeeping systems, market analysis, and financial planning to establish new businesses effectively.
Are you qualified to handle corporate tax matters?
Our CTA-qualified team specialises in corporation tax returns, directors' remuneration planning, and structural tax efficiency for limited companies.
Reviews (3)
Technology Simplified
Jan 27, 2022
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Great guys, great company - very insightful and helpful - fair pricing compared to some other firms we've used. Got quickly into the detail and have helped get company tax / accountancy issues straightened out quickly and what's more the staff take the time to explain, if you ask, why certain decisions are more benificial. Oh and they have customer parking on site too!
Martin Webster
Nov 10, 2020
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Positive:Quality
The best Accountants in Cornwall, Amazing through Lock down and very responsive. Safe and Secure and a friendly family company. From the staff in the office to the Accountants these are first class and can save you allot of money. 100% 5 x Stars you must use P S May & Co. Outstanding
The best Accountants in Cornwall, Amazing through Lock down and very responsive. Safe and Secure and a friendly family company. From the staff in the office to the Accountants these are first class and can save you allot of money. 100% 5 x Stars you must use P S May & Co. Outstanding
David Leach
Nov 30, 2018
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Poor communication skills and rapor. After money and charging outrageous prices. Do not use at all cost
