Specialist Arts & Entertainment Accounts : Whiting & Partners

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Arts & Entertainment

The UK has an enviable reputation for it’s vibrant and world leading Arts & Entertainment industry.

We have identified this sector as one where we have particular experience and expertise. Arts and Entertainment clients will typically be particularly interested in:

Compliance Services

Start-up assistance (advice on trading medium and tax registrations),
Preparation and submission of annual accounts and tax returns,
Industry specific NIC rules,

Advisory Services

Managing their finances, including tax, to cope with the ‘feast and famine’ of work opportunities,
Acting for you remotely,
Managing and protecting your wealth (including making provision for your retirement).

Meeting with one of our partners or managers for a free initial consultation should be your starting point. This will enable you to explain your circumstances to us and identify the areas in which you require assistance.

Related Services

Start-ups National Insurance Contributions Business Support

Latest Blogs in Arts & Entertainment

Steven Denton

15th October 2020 Job Retention Bonus (JRS)

HMRC have announced more details on the Job Retention Bonus scheme they set forth in July. The JRS allows an employer to claim a one-off payment of £1000 per employee furloughed and claimed for through the CJRS and kept employed until at least 31st January. This money is to be paid to the employer and…

Oliver Taylor

12th October 2020 What to do if your charity is facing financial difficulties?

In recent months many charities have found themselves in financial difficulties and an uncertainty of long-term survival, often caused by factors out of their control. Most notably the ongoing Covid-19 outbreak, which has had several knock-on effects such as a reduction in donation income or decreased operating capacity during the tightened lockdown rules. Other external…

Chris Kelly

25th September 2020 COVID-19 Business Support – Winter Economy Plan

With the Autumn Budget cancelled the Chancellor has announced a Winter Economy Plan introducing a package of measures to support businesses. The highlights are: The Coronavirus Jobs Retention Scheme (CJRS) – Will end as planned on 31 October 2020. A new Job Support Scheme – To support viable UK employers who…

Steven Denton

25th September 2020 HMRC Job Support Scheme (JSS)

On 24th September the government announced the launching in November of the Job Support Scheme to replace the existing Furlough Scheme that is feted to end on 31st October. The JSS is to run from 1st November through to 30th April, but initial rules may be amended after three months. To qualify for the…

Lisa Smith

10th August 2020 Covid-19 – VAT complexity of Eat Out to Help Out Scheme

From 3 to 31 August 2020 businesses that offer a discount under the The Eat Out to Help Out Scheme are able to claim the discounted amount back from the Government. Whilst on the face of it you might expect VAT only to be payable on the discounted amount, in-fact VAT is payable…

Lisa Smith

22nd June 2020 COVID-19 – Second Government Grant for the Self Employed

Those eligible under the Self-employment Income Support Scheme (SEISS) will be able to claim a second and final grant in August 2020.The grant will be worth 70% of their average monthly trading profits, paid out in a single instalment covering three months’ worth of profits, and capped at £6,750 in total. The eligibility criteria remain…

Chris Kelly

4th May 2020 Coronavirus Bounce Back Loan Scheme Now Open for Applications

Key features of the BBLS: The scheme is a 100% government backed initiative for small businesses. You can apply* for a loan between £2,000 and £50,000 (up to a maximum of 25% annual turnover), for 6 years. No repayments required for the first 12 months, and you won’t pay any charges should…

Chris Kelly

4th May 2020 Self-employed invited to get ready to make their claims for Coronavirus support

The claims service will open ahead of schedule on 13 May with money in bank accounts by 25 May. HMRC have announced that from today (4 May) businesses can either go online to check their eligibility or wait to be contacted by HMRC. https://www.gov.uk/government/news/self-employed-invited-to-get-ready-to-make-their-claims-for-coronavirus-covid-19-support Scams HMRC will contact eligible customers to…

Hannah Wisbey

17th October 2017 Actors: IR35 tax rules will probably apply.

In a recent tax tribunal test case, relating to the well-known actor Robert Glenister, HMRC were challenged as to whether the IR35 intermediary tax rules should apply to an actor earning his living through a personal service company. As is typical with individuals providing their personal services through an intermediary company, Mr Glenister…

Amanda Newman

18th October 2016 Limited Company v Sole Trader

Minimising the tax paid on profits is a key aim of most SME businesses. The tax benefits of trading through a limited company, as compared to operating as a sole trader or partnership, soon becomes attractive as profits grow.

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