It’s no secret that actors often face unique financial challenges due to unstable income and complex contracts. An artist’s life involves juggling multiple income streams. It comes with complicated contract terms, and trying to make sense of an ever-changing tax landscape. Your financial situation differs from that of a typical 9-to-5 employee. Finding accountants who […]
As an accountant who works with many creative professionals, I’m constantly surprised by how many talented freelance writers don’t fully grasp the financial implications of their intellectual property. Your words aren’t just your creative output – they’re valuable business assets that can generate income for decades. Yet many freelance writers inadvertently leave money on the
Freelance Writers: Copyright, Royalties & Rights Management for Journalists & Authors Read More »
Does hiring specialist accountants for media companies like yours make sense? Most media companies pay far more tax than they need to. We often see creative businesses struggling with cash management – one of the biggest causes of business failure in the creative industries. As a media company owner, you’re facing financial challenges that standard
Why Hiring Specialist Accountants for Media Makes Financial Sense Read More »
Can accountants for musicians can save you more money? Navigating taxes and finances as a UK musician can feel like tuning a guitar in the dark—frustrating, time-consuming, and prone to errors. With income flowing from gigs, streams, merch sales, and royalties, paired with ever-changing tax rules, it’s easy to feel overwhelmed. But just as a
We often get asked: how much do photographers earn a year? Many photographers tell us they’re unsure what income to expect when starting their business. Let’s look at the real figures. Most professional photographers earn between £20,000 to £40,000 yearly, but these numbers don’t show the full picture. Setting up a photography business needs careful
Making the right choice between setting up a limited company vs sole trader can have significant implications for creative professionals. This decision impacts how much tax you pay, your personal liability if things go wrong and even how clients could perceive your business. For photographers, actors, musicians, filmmakers and other creative professionals, understanding the pros
What is accounting for freelancers? At Green & Peter, we work with many freelancers in creative industries who tell us their monthly income feels unpredictable. Sound familiar? Most creative professionals struggle to manage fluctuating earnings whilst building their business. Getting your accounts right means more than just tracking income and expenses. Our experience shows that
The Creatives’ Guide to Building Financial Security: Accounting for Freelancers Read More »
Tax planning is one small part of what accountants for media companies get involved in. There’s a range of government help for the creative industry, so let’s dig into what’s available to help you increase your bottom line. What are creative industry tax reliefs? Creative industry tax reliefs are a set of eight Corporation Tax
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Being an actor isn’t all premieres and award ceremonies. The day-to-day grind can be overwhelming and when you’ve got to manage your bookkeeping and accounting as well, it can cause stress. But there’s a simple answer – give Green & Peter, accountants for actors, a call today and let us handle your bookkeeping and tax
Why Green & Peter are the best accountants for actors in London Read More »
Do you know what business expenses you can and can’t deduct from your tax bill? We get lots of questions about this so here’s an overview of the sorts of expenses that are tax deductible for creative businesses. Sometimes how you’ve set up your business will determine what you can claim, so read on to
Which business expenses are deductible for UK creative businesses? Read More »