Media, Film & Creative Industries

The creative sector – including music, film, theatre, the fine arts, and publishing – is one of the largest contributors to the UK economy.  That means it is generating significant income through direct sales, royalties, downloads, concerts and more, all of which requires expert insight into the financial management of income and expenses.

Just Accountants work with qualified creative industry accountants who have the specialist expertise in media to understand everything from the complexities of withholding tax for touring megabands, to setting up the right type of business to handle the advance on an author’s first book.  While the principles may be the same for any business, it is the detail that matters and an in-depth knowledge and understanding of the creative industry is vital to make the most of the multiple income sources and tax breaks that go with it.

The host of frequently asked questions from the creative industries include:

• Who looks after the rights and exploitation of my work?
• How to I monitor royalties or downloads?
• How do I structure advance payments?
• What are the tax breaks available for buying equipment?
• How do I reclaim tax if I’m touring abroad?
• Should I be VAT registered?

At Just Accountants, our panel includes specialist media accountants who can help you answer all of these questions and more, ensuring that individuals and organisations maximise their earning potential and minimise their tax bill.  Most importantly, our media, film and movie accountants remove the stress of accounts management and leave you to do what you do best…be creative!

For more information on our creative industry accounting and to discuss your requirements with one of our experts please Contact Us today.