Our clients have many roles within the TV and Film industry, both in front of and behind the camera – and we’re familiar with all of them. From actors to producers, directors, and writers to lighting and sound engineers and camera operatives. Whatever your project, whether home or abroad, we’ll look after your finances so you can focus on the job in hand.
If you’re an actor, you’re likely to be paid from different sources (e.g. theatre work, commercials, demonstrations and appearance fees). If you work behind the scenes, you might have income from one-off events through to long-term contracts or, in the case of writers, from articles, storylines, scripts etc. A few people working in TV and film might qualify for ‘Reserved Trading income Status’ (previously Reserved Schedule D Status). Whatever your income, we’ll ensure that everything is correctly accounted for.
All of our expert accountants are completely dependable and will ensure that you always only pay the tax you need to – whilst avoiding an investigation by the HMRC. This also applies to performances abroad: we’ll minimise the tax you pay in another country or help you to avoid paying it at all.
We’ll manage your financial affairs and advise you on how to deal with fluctuating income so that it’s easier to smooth out the highs and lows of working in the TV and film industries. We can’t make you rich but we CAN help you to keep as much money as possible from all your hard work. Which always provides a happy ending.
We’ll deal with complex situations: for instance, if you’re an actor who works both in the UK and abroad on multiple contracts.
We’ll check whether your income is trading income (so you could claim more expenses), and ensure that you pay any tax twice a year via Self Assessment.
We’re specialists in helping people to navigate the minefield of setting up their own limited company.
Whatever your situation, we’ll explain clearly the range of tax-deductible expenses that you can claim (and those you can’t).
With Axia, your own dedicated tax accountant will optimise your tax affairs, giving you complete peace of mind.
If you work in different countries, we can minimise the tax you pay, using the UK’s Double Taxation Agreement.
When you show your gross income, don’t deduct your agent’s commission and VAT.
We can make a separate claim for the commission and VAT costs.
If you opt for ‘simplified expenses’ under the new cash basis, you won’t be able to set off any losses against other income and this could limit your expense claims.