Performers & Media Production Professionals
Presenters | Musicians | Actors | Singers | Performers
Producers | Directors | Cast & Crew | Technicians
Like-minded accountants who understand your business and enjoy helping talented people along their journey
Abbingdon Knight are Chartered Accountants who provide tailored tax and accountancy services to individuals working in the performance, media and entertainment industries. Our aim is to both increase your income and claim all potential tax allowances. Additionally, we are able to provide advice on financial management and structuring.
As experts in the financial affairs of performers and media production professionals we understand your business and how to maximise the financial rewards it can bring to you.
Why choose Abbingdon Knight?
- You can talk freely with us as we are not the stereotypical boring accountant.
- We provide financial expertise specific to your profession, our understanding of your industry makes us a clear choice.
- We assist you with minimising your taxes and making financial decisions.
- We provide advice on the unusual and extensive expense allowances within your industry and how to make appropriate claims in order to reduce tax payable.
- Where appropriate, Abbingdon Knight can help to ensure you receive all royalties due to you, and can assist you in negotiating better rates of pay and conditions.
- By working alongside both contacts and fellow professionals we have a database of useful industry information and can facilitate introductions to enhance your ability to do more business.
- We work both with agents helping them provide a complete service to the talent they represent and with media companies by helping them decide the tax status of the personnel they work with.
- We are particularly adept and experienced at assisting non-resident entertainers and clients working internationally.
- We are members of the influential ‘Institute of Chartered Accountants Entertainment and Media special interest group’ meaning we are at the forefront of the latest developments relating to both the legal and financial aspects of your industry.
- Over the past five years our partners have developed initiatives to give practical financial advice to individuals and companies based in the media and entertainment sector.
With our clear focus and industry specialisation, we are often the accountant of choice for performers and the individuals involved in the production of their art.
Concentrate on your performance and let someone else take care of your finances
Sometimes working on a varied mixture of projects over time, it is often necessary for those working in the performance and media industries, to be self-employed. Whilst on first impression this may seem daunting, ensuring you obtain qualified and skilled advice can work to your financial advantage, in addition to giving you the flexibility to move between jobs easily. As a self-employed freelance individual there are a host of legal and financial obligations which must be met and matters which need to be dealt with. We take care of these for you, taking into consideration the specific and specialist benefits you may be entitled to, making your life easier and your income potentially higher. Because of this you can rest assured red-tape is taken care of leaving you to pursue your chosen work and develop your creativity to the max.
Professions in the performance and media sectors can be notoriously unpredictable, and individuals may find their income can dramatically vary over different periods of time. By employing good financial management techniques and putting appropriate strategies in place you can make sure you are best prepared to ‘weather any storms’ which may come your way.
We are proud to find we understand and can assist individuals in these creative and exciting professions with our friendly, proactive and forward thinking and practical approach.
At Abbingdon Knight we like to develop long running client/accountant relationships ensuring you always have a “go-to” person to provide ongoing help and assistance.
A flexible service to suit you
We aim to promptly and efficiently complete your accounts and to give easy to understand explanations and advice. With all of our entertainment and media clients being so varied, and each having different aspirations and long term goals, we offer you flexibility in all aspects of our service provision. Choose from either our basic accountancy and tax package or our complete financial management service. We offer comprehensive introductory sessions assisting you to make informed decisions relating to your ambitions and lifestyle choices.
Accountancy and Tax package:
- Guide to income, expenses and record keeping
- Advice on different trading structures, taking into consideration their tax advantages and potential pitfalls
- Tax registration
- Considering the type of tax allowable expenses specific to you and ensuring these are claimed
- Preparation and submission of accounts
- Processing of self-assessment returns
- Mortgage and loan references
- Dealing with HM Revenue & Customs
- Professional Expenses Insurance
- Service from a convenient West End of London location.
Complete financial management package:
This is aimed at assisting you identify and establish financial direction and providing practical ways to structure finances in order to achieve end goals.
- The Accountancy and Tax package (as above)
- Strategic, directional financial advice based on individual objectives and aims, e.g. acquisition of property, budgeting and seeking financial support for productions
- Help establishing financial stability, to allow security during periods of reduced income
- Considering ways to increase income
- Pensions advice
- Business development and growth assistance, if appropriate.
Your kind of people
If you think we could be your kind of people and would like to work with us please contact either Michael or Theresa of the Media & Entertainment industry team with whom you will be able to discuss your situation in full confidence.
Let us surprise you with our refreshing approach. We will not disappoint.