In amongst the general accounting services to businesses and individuals we’ve become a bit of a hit in the entertainment industry.
Over the years we’ve expanded this area of our business building up a reputation for managing the often complex needs of musicians, performers, producers, writers and people involved in the entertainment industry.
MUSIC & MEDIA ACCOUNTANTS
The entertainment industry stretches from the music world, through the theatre to television and film. The nature of services performed and the income generated are many and varied. Apart from the income generated directly related to live performances the potential exists to earn a substantial amount of income from other sources such as TV appearances (including commercials), product endorsements, royalties from record sales and merchandising.
Care must therefore be taken in accumulating information for accounting and taxation purposes to ensure that all data is accurately captured. Working with a specialist media accountant who has an understanding and experience in this industry puts you and your business at a great advantage.
Our services include:
- Pre-tour Planning
- Tour Accounting
- Company Formation
- Minimising Withholding Taxes
CLOUD ACCOUNTING
FOR CLIENTS ON THE MOVE
The musicians, performers, producers, touring bands, camera operatives and others working in the worlds of music, theatre and film that make up half of Indigo’s client base are in perpetual motion. They move from one location or venue to another and often work in different time zones from the practice team.
Teresa says, “Clients on the road enjoy having the flexibility of being able to enter data into KashFlow and access their business records from anywhere with an internet connection. It’s a big plus.”
“With Snap I can upload receipts in real time, be it a train ticket or a large business purchase and it all magically appears in the same place where it’s offset against my sales and has the VAT itemised ready for my VAT return. No more shoe box to trawl through the day before the deadline!”
NICO SABATINI (GUITARIST FOR THE WEST END SHOW “HAMILTON”)
WHAT OUR CLIENTS SAY
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I have been with Indigo for past 14 years. It is a small organisation and as such it is refreshing to receive a personalised service from someone who obviously understands our industry. It was also reassuring to know that with a "packaged" fee base I could pick up the phone with a general query and get a quick response without incurring additional charges. I would thoroughly recommend Indigo to everyone!
Lead singer with Bill Wyman's Rhythm Kings -
A few years ago, I joined, along with some music buddies of mine and together we formed Old Dogs New Trax Publishing. We launched a website which features songs by the four of us. Some individually written and some in partnership. We count ourselves very lucky to have the operation underpinned by the reliable support of Indigo Tax. Spearheaded by the more than able and capable Teresa Noon, we know we are all safe in the hands of this remarkably diligent lady and are all agreed we couldn’t ask to be a client of a more efficient accountancy practice.
Singer Songwriter (Barry Manilow, Elvis Presley) -
Thanks so much for all your help and advice. Jill and I are very appreciative and we are both very happy that we have you, Sonia and the rest of the Indigo team looking after us now.
Bass player in Take That
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