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Accounting Services

We cover all aspects of accountancy for our clients ensuring compliance with all legislation. Our involvement in our clients’ businesses ranges from dealing with all day to day accounting matters to the compilation and filing of accounts. Our flexibility allows us to support clients in all areas, no matter what stage the business is in development or the individual is in terms of their career.

Music

  • Working alongside both lawyers and management, ensuring the appropriate business structures are put in place for recording and publishing.
  • Aiding with the maintenance, preparation and finalisation of all accounting and tax records to ensure full compliance as required.
  • Liaising with booking agents, overseas promoters and tour management and advising upon the structure of tour performance contracts, from a commercial and taxation point of view.
  • Advising upon overseas withholding tax issues for both UK and non UK artists.
  • Taking the necessary steps with the Inland Revenue to mitigate UK taxes on UK performance with the Foreign Entertainers Unit (FEU) of HM Revenue and Customs on behalf of overseas artists.
  • Assisting in the preparation of tour budgets as and when required, along with the preparation of final tour accounts, in order to secure tour support from record labels.
  • Advising and processing registration with all collection societies, for both recording and publishing.
  • Dealing with all major record and publishing labels, lawyers, booking agents, production companies and neighbouring rights agents, allowing us to be able to advise extensively in all matters commercial and financial.

Entertainers

Working closely with agents on the following:

  • Reviewing and advising on business structure
  • Reviewing contracts from both a commercial and a tax perspective
  • Providing support and information to ensure the timely collection of monies due
  • Ensuring compliance with regard to National Insurance, IR 35, PAYE and VAT regulations
  • Provision of cash flow forecasts, cash reports together with accounts preparation, VAT returns, tax returns and all other compliance matters that one would expect from a firm of accountants.
  • Assisting in securing finance for both business and personal requirements.

TV, Media, Advertising and Branding

In terms of our corporate clients, we can provide a full financial service in relation to the day to day accounting or provide support to internal financial teams in the compilation and submission of annual accounts and returns.

  • We advise on the appropriate accounting systems and aid with their implementation to enable the production of financial reports on a project by project basis.
  • Analyse results and reviewing variances with directors.
  • Preparation of reports on an adhoc basis to assist fundraising or to fulfil contractual obligations.

In terms of our non-corporate clients, we can aid with the preparation of financial statements, tax returns, vat returns and payroll in compliance with industry regulations and national legislation. We can provide advice on structuring your business to mitigate taxes in tandem with your personal circumstances. We are qualified and experienced to advice on all financial matters, business or otherwise.

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