Buying property to let has become a key sector in the UK property market. Buy-to-let entrepreneurs can vary widely, from people with a modest portfolio of one or two properties that supplements other income, to those pursuing a full-time property letting career through much more substantial holdings.

The boom in the buy-to-let sector has led to increased interest from HM Revenue & Customs, particularly in relation to self assessment tax returns. At the same time, to get the most value from your investment it makes sense to claim all the tax reliefs and allowances available.

We offer tax expertise, enhanced by practical experience in the property letting business, to help you achieve tax compliance while identifying the maximum benefits available.

Our experience and knowledge of the property letting businesses means we can also assist you with:

  • advice on tax-efficient options for property purchases
  • budgeting
  • business planning
  • capital allowances
  • capital gains tax
  • forecasting
  • personal and business tax strategies

Find out more about what Gareth Hughes & Co can do for you please contact us to arrange a free initial meeting.

“Running a business is a demanding task which is why Rupert Bradley, the owner of Coastal Carpets, appreciates the relaxed relationship he enjoys with the Gareth Hughes & Co team.”

Coastal Carpets

“Cambrian Photography in Colwyn Bay is a familiar name with photography professionals and enthusiasts across North Wales. The largest photographic retailer in the region, the family-run business has been looking after the needs of photographers since 1946, developing its range of services over the years to include repairs, equipment hire, framing, photo studio facilities, photography courses and commercial, portrait and wedding photograp

Cambrian Photography

“Optical Tools for Industry is a small firm with a long reach. Over three decades, the firm has built up an impressive reputation in the highly specialist field of manufacturing and designing optical test equipment and now sells its measurement and inspection solutions as far afield as China and the USA. The Ruthin, Denbighshire-based company, which was founded in 1975, was the subject of a management buy-out in 2005, which led to the start of its relationship with Gareth Hughes & Co.”

Optical Tools for Industry

“Defining dyslexia is simple – difficulty in reading, writing and spelling correctly, according to the dictionary – but it is a complex condition that is likely to have a lifelong impact on anyone that it affects. For thousands of children diagnosed with dyslexia, the innovative work of Xavier Educational Software, based in the School of Pyschology at the University of Wales, Bangor, has played an important part in their education.”

Xavier Educational Software

“Everything I want from an accountant”: that’s the verdict on Gareth Hughes & Co from Phil Arundale. Phil is the latest of several generations of his family to supply local shoppers with fruit, vegetables, fresh fish and game at the long-established Colwyn Bay business Arundales. Arundales was founded in 1887 and originally started life selling fish and game, adding fruit and vegetables some 50 years ago. Today Phil and wife Wende have branched out to offer fresh produce boxes, with a focus on seasonal availability, and a delivery service for customer orders.”

Arundale’s

“When you’re running a business, working with people you like and respect makes life much easier. That applies as much to professional advisers as to immediate colleagues. Martin Bastable, who has run Bastable Upholstery Llandudno Limited in Colwyn Bay since 2005, is no exception to that rule. He decided very quickly that Gareth Hughes was someone he could work with successfully – “within the first 30 seconds of meeting him”, he says – and several years later, that first impression has been proved right. Martin says: “He’s effortlessly professional. I couldn’t recommend him highly enough.”.”

Bastable Upholstery
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