Accountant in Torquay
Tax & Accounting for Torquay Businesses
Torquay TQ1-TQ2 is the principal town of the English Riviera in Devon, with a large tourism, hospitality, leisure and seasonal economy, hotels, guest houses, restaurants, cafes, the harbour and visitor attractions, alongside a town-centre retail base. The town has a substantial self-employed and small-business community, a significant holiday-let, guest-house and buy-to-let landlord market, and strongly seasonal trading patterns that need careful cash-flow management.
That gives Torquay a particular accounting profile. The tourism, hospitality and leisure businesses need seasonal hospitality bookkeeping with the right VAT and tronc treatment. The self-employed and contractors need the right structure. Family businesses, many in hospitality, need proper structures. And the holiday-let, guest-house and buy-to-let landlord community needs Furnished Holiday Let and Section 24 advice. We work with Torquay clients entirely online, with fixed monthly fees.
💡 As an HMRC-registered agent we deal directly with HMRC on your behalf, so you never have to spend hours on hold or navigate their website yourself.
Real Client Story
How we sorted a Torquay guest house's tax for £7,900 saving
Client K runs a guest house and holiday apartments in Torquay, with strongly seasonal income peaking over the summer season. The business was run as a sole trader, the holiday-let treatment hadn't been reviewed since the Furnished Holiday Let rules changed, the seasonal cash flow caused tax-payment stress, and there was no structure for the spouse who worked full-time in the business.
We reviewed everything in light of the abolition of the Furnished Holiday Let regime from April 2025, the lettings now fall under the standard property rules, so we re-based the treatment, captured all the legitimate running costs, modelled whether incorporating the business made sense, brought the spouse into a proper structure, and set up a cash-flow plan to smooth the seasonal tax payments.
Total outcome: annual tax saving of £7,900 through correct post-FHL treatment, full capture of running costs, proper spousal involvement, and a seasonal cash-flow plan that removed the tax-payment stress.