Being an effective accountant in any given industry requires the usual amounts of hard work and dedication, but also, inside knowledge on different spheres of work. TV, Film and media companies have their own set of guidelines, rules and issues faced and knowing that your accountant knows the ins and outs as well as you do, can be very reassuring.
If you are employed in any number of roles within TV, Film or media then you’ll know that it is imperative that you make the most of your time and not to waste any of it worrying about the state of your accounts.
At RMI Accountancy, based in Manchester, London Burnley, we understand the complex issues that companies and individuals in the industry face. Depending on your specific role in the sector, you may have a number of different hurdles to overcome to achieve the kind of financial stability that we all crave:
- Am I operating in the most tax efficient way possible?
- How can I best manage my cash flow between contracts?
- Are there any media related tax allowances I can make use of?
- What happens if I work abroad as part of my job?
- How do I collect any owed royalties?
This is just a small selection of the questions we get asked on a regular basis by our clients and knowing the answers to all these queries and more are just part of what we do on a day to day basis.
Not only is it reassuring to know that you’re operating efficiently, but also that you’re operating in compliance with UK tax law. Even those who understand their accounts well enough, do sometimes make errors born out of not having the detailed knowledge that an accountant would.
If you’re worried about the prices involved – don’t! The true cost of an accountant only becomes apparent when you look at what you’ve got after they’ve done their work. Most good accountants will pay for themselves.
But Why choose a TV or Film-specific accountant?
As we mentioned above, there are simply hundreds of aspects to accountancy in TV, Film and Media that need to be fully understood to achieve efficiency of operation for any individual or business.
There are all sorts of tax breaks, allowances and rules in any industry that can only be tapped into if you are aware of them. That’s where we come in. We assess your situation and using our industry savvy, we give you the very best advice around on how to squeeze every last resource out the work that you do.
We have a complete grasp of many different disciplines of tax accountancy, which enables us to offer peace of mind to all of our clients that allows them to concentrate on their primary role. If you find that you’re spending time away from your main job of work to deal with your financial situation, then you know that it’s time to look for professional help.
So, if you’re in any of the Media, TV, Film, Sport or Music industries, then we can help. To find out more, we recommend that you give us a call on at our Blue Tower, Media City branch in Manchester on 01614137958 or visit our website www.rmiaccountancy.com for more information.