Accounting for the Film & Art Sector

The film and art industries are driven by creativity but require rigorous financial management to thrive. Whether you’re a filmmaker, artist, gallery owner, or production company, our specialized accounting services for the film and art sector ensure you can focus on your craft while we handle the financial complexities.

Key Services for the Film & Art Sector

Film Tax Relief (FTR) & Creative Industry Tax Reliefs

The UK offers generous tax relief schemes for the creative industries, including Film Tax Relief (FTR) and High-end Television Tax Relief (HTR). We help film and TV production companies navigate the application process, ensuring you maximize your eligibility and reduce your production costs.

Tax Planning for Artists & Creatives

Artists, photographers, and creative professionals face unique tax challenges. We provide tailored tax planning services to ensure you’re taking full advantage of allowable expenses, including materials, studio rent, travel, and equipment, while minimizing your tax liabilities.

Intellectual Property (IP) Management & Royalties

For artists, filmmakers, and creative professionals, intellectual property can be a significant source of income. We help you manage the financial aspects of IP, including royalty income, licensing agreements, and ensuring proper tax treatment of earnings from your creative work.

Project Budgeting & Financial Control

For filmmakers and production companies, effective project budgeting is critical to keeping productions on time and within budget. We provide detailed financial planning and project-based accounting services, helping you monitor production costs, track expenses, and maintain financial control throughout the project lifecycle.

VAT & Cross-Border Taxation

The film and art industries often involve international collaborations, exhibitions, or sales. We provide expert VAT advice for artists selling internationally and ensure compliance with cross-border tax regulations, helping you manage tax obligations both in the UK and abroad.

Freelancer & Contractor Accounting

Many creatives work as freelancers or independent contractors, which comes with unique tax and accounting needs. We offer bespoke accounting services for freelancers, including expense management, invoicing, VAT registration, and personal tax returns, ensuring you keep more of what you earn.

Film Production Accounting

Film production accounting requires specialized knowledge of the industry’s cash flow dynamics, from pre-production budgeting to post-production audits. We manage everything from payroll for cast and crew to financial reporting for investors, ensuring your production runs smoothly and stays compliant.

Art Sales & Gallery Accounting

For gallery owners, art dealers, and artists, managing the sale of artworks involves complex accounting considerations, including VAT on art sales, consignment agreements, and commissions. We provide tailored accounting solutions to manage the financial aspects of art sales, ensuring compliance and profitability.

Why Choose Us for Film & Art Sector Accounting?

Industry Expertise

We have in-depth experience working with filmmakers, artists, galleries, and creative professionals, understanding the financial and regulatory challenges unique to the film and art sectors.

Maximizing Tax Reliefs

We specialize in securing creative industry tax reliefs, ensuring you benefit from all available schemes such as Film Tax Relief, Animation Tax Relief, and Artists’ Resale Rights (ARR).

Tailored Solutions

Whether you’re an independent artist or running a production company, we offer personalized accounting services designed to meet your specific needs.

Global Reach

With expertise in cross-border taxation and international financial regulations, we can assist creatives who operate in multiple countries or collaborate with international partners.

Let Us Help You Focus on What You Do Best

Whether you’re creating your next film or masterpiece, our expert accountants provide the financial and tax support you need to succeed in the creative world. Contact us today to discuss how we can help you manage your finances and grow your career.