We are creative industry accounting experts
The UK’s creative industries are among the most dynamic and influential in the world contributing billions to the UK economy and driving innovation, culture, and export growth. Navigating the financial environment of creative industries requires specialised expertise. The nature of creative work, often project-based, seasonal, and IP-driven means the financial and tax requirements can be complex, requiring specialist accounting knowledge tailored to the industry’s unique structure.
We help creative limited companies and sole traders handle complex financial matters such as complex income streams, project-based work, intellectual property rights, and royalties. Our tailored expertise includes production budgeting, grant and tax credit applications, and royalty tracking.
Our creative industry accounting service
- Your own dedicated chartered accountant with industry specific advice & support
- Financial business support
- Access to our accounting software
- Tax & advisory service
- Accounts & statutory compliance
- Payroll setup & management
- VAT returns setup & management
- Royalty tracking
- Patent box
- R&D tax credits
We provide provide specialist services for businesses and professionals in the creative industry including:
- Film, TV & video
- Media & entertainment services
- Publishing
- Digital content creators & influencers
- Video game developers
- Visual arts
- Music & theatre
Request a call back
Request a call back by completing the form below, or start chatting to our team on WhatsApp.
What challenges does the creative industry face?
Creative professionals and businesses often encounter specific financial and operational challenges, such as:
- Irregular income – Fluctuating revenue streams from gigs, royalties, advances, and commissions make budgeting and tax planning more complex.
- Freelance & project-based work – Many individuals operate as sole traders or through personal service companies (PSCs), raising questions around IR35 and employment status.
- Intellectual property & royalties – Managing rights, contracts, and royalty income requires precise accounting and legal understanding.
- Funding & tax relief – Accessing creative industry grants and specialist tax reliefs (e.g. for film, animation, video games, theatre) involves detailed eligibility criteria and compliance.
- Cross-border income – International collaborations and licensing agreements introduce foreign tax obligations, currency fluctuations, and VAT complexities.
- Digital revenue streams – Influencers, streamers, and content creators must navigate monetisation through multiple platforms, often with limited traditional financial records.
How do we meet these challenges?
Our specialist services for businesses and professional in the creative industry offer tailored solutions to meet these unique challenges and maximise financial returns including:
- Industry-specific tax relief claims – Supporting applications for HMRC-approved creative industry tax reliefs, such as Film Tax Relief (FTR), Video Games Tax Relief (VGTR), and Theatre Tax Relief (TTR) to reduce liabilities and reinvest in new projects.
- Royalty & licensing income management – Tracking, reporting, and advising on royalty income from publishers, labels, distributors, and platforms.
- Freelancer & contractor support – Helping sole traders and PSCs manage expenses, comply with IR35 rules, and optimise their tax position.
- Digital content & influencer accounting – Providing solutions for creators monetising content across YouTube, TikTok, Twitch, and other platforms, including ad revenue, brand deals, and merchandise income.
- Grant & funding advice – Assisting with applications and compliance for public and private sector funding, including Arts Council grants and Innovate UK programmes.
- International tax & VAT guidance – Managing cross-border income and ensuring VAT registration and compliance for businesses trading or performing overseas.
- Financial planning & forecasting – Helping creative professionals plan for irregular income, manage cash flow, and invest strategically in their career or company.