As someone operating in the music industry, your day-to-day focus will be on your artist’s performance, engagements and career progression. However, it is essential that their financial affairs are well managed and arranged to their greatest advantage. Managing their earnings will be key to fulfilling their dreams and achieving the lifestyle they are looking for. Our experience in this area means that we understand the world that musicians live in, the demands placed on them and how easily the day-to-day management of financial affairs can become a secondary concern to excelling in their career.
At Smith & Williamson, we have a dedicated media and entertainment team to help you navigate some of the financial complexities and decisions you will need to consider for your artist. We deal with all aspects of music and our services include: VAT advice and compliance, personal tax return compliance, planning for the future (for example pension planning) and creating tax efficient structures. We also have wide experience on advising on the creative industry reliefs.
We know that the income for your artist is often unpredictable – we are able to provide a clear summary of their finances and make appropriate plans where any shortfalls might occur.
Our clients include artists, writers, composers, musicians, film and TV production companies, orchestras, magazine editors, film directors, Instagram influencers and music managers.
Access to the right financial advice at all stages of an artist’s career can help ensure that you are being as efficient as possible in building towards a secure financial future for your artist. In the fast-changing world of taxation we have the capability to advise on an international basis.
At Smith & Williamson, we are able to advise our clients on all areas of their finances, from their tax affairs to personal financial planning and investing their assets, in order to help meet their long-term objectives. The individual and their needs form the basis of everything that we do.
If you would like a free consultation to discuss your requirements please contact Purvi Hemming.
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