I run a holiday let in St Ives — do I qualify for furnished holiday letting tax treatment?

FHL status depends on meeting specific HMRC criteria around availability and occupancy days. We can review your position and advise on whether you qualify and what reliefs are available.

I'm an artist or creative professional in St Ives — can you handle my accounts?

Yes, we work with creative professionals regularly, including managing mixed income from sales, commissions, teaching and grants.

Can you advise on the VAT position for my St Ives accommodation business?

Yes — VAT for accommodation and hospitality has several specific rules, including the temporary reduced rate history and the tour operators’ margin scheme. We advise on the right VAT position for your business.

Accountants in St Ives, Cornwall

St Ives has one of the most distinctive business economies in Cornwall — heavily tourism-focused, with a strong creative sector, a large number of holiday-let properties and a thriving hospitality industry. Mounts Bay Accountants, based in nearby Newlyn, provides accounting and tax services tailored to the specific needs of St Ives businesses and self-employed individuals.

The seasonal nature of much of the St Ives economy means cash flow management and tax timing matter more here than in most places. We work with accommodation providers, restaurants, galleries, artists, tradespeople and professional services businesses across the town, helping them make the most of available tax reliefs and keep their compliance up to date.

Holiday-let owners in particular benefit from specialist accounting advice — the furnished holiday lettings (FHL) regime has specific rules around qualifying periods, Capital Gains Tax reliefs and VAT, and getting these wrong is costly. We make sure our St Ives property clients are claiming every legitimate relief available to them.

All our services are offered on fixed fees, and we work primarily by phone and email — so location is no barrier to getting good, locally-informed advice.

Our Newlyn office is approximately 8 miles from St Ives. Most work with our St Ives clients is handled remotely, with in-person meetings available when needed.

I run a holiday let in St Ives — do I qualify for furnished holiday letting tax treatment?
FHL status depends on meeting specific HMRC criteria around availability and occupancy days. We can review your position and advise on whether you qualify and what reliefs are available.
I'm an artist or creative professional in St Ives — can you handle my accounts?
Yes, we work with creative professionals regularly, including managing mixed income from sales, commissions, teaching and grants.
Can you advise on the VAT position for my St Ives accommodation business?
Yes — VAT for accommodation and hospitality has several specific rules, including the temporary reduced rate history and the tour operators’ margin scheme. We advise on the right VAT position for your business.