Why do Comedians need specialist accountants?
The creativity and dynamism of Comedians regularly sits uncomfortably with the often conventional world of the professional advisor. This is not true of LEES. We know your job is pressurised, image sensitive and always competitive. There can be peaks and troughs in the demands on your time. When the demands are intense, you need to know your tax and accounting matters are under control.
We know that your income might derive from a range of different sources, depending on the nature of work obtained or accepted. You may receive repeat fees and residuals due from previous productions, royalties from sales of recorded performances, bonuses and other payments, for example sponsorship deals and fees for public appearances. Other monies which you might receive include per diem travelling and subsistence expenses.
Most Comedians experience marked and unpredictable fluctuations in workload, both from one year to the next and even from month to month. Relatively few Comedians are employed by an organisation on a permanent or long-term basis. As a result, earnings may be affected by many different factors. In addition to seasonal fluctuations, their reputation and renown, the amount of work available, the type of work undertaken, and the level of fee commanded. A recent survey of Equity members found that 25% of individuals had not worked at all during the preceding year.
How LEES can help
In order to maximise your time, we offer services such as:
- Tour budgets
- Tour funding and finance
- Annual accounts compliance
- Tax planning and compliance
- VAT treatment and compliance
- Advice on business structures
Free no obligation financial review
Our specialist team act as enthusiastic and trusted advisors to a multitude of comedians ranging from small individuals to large corporations. Below are just a few of the places our clients have performed:
If you would like to discuss how LEES could help you, you can chat with us by clicking the red button to the bottom right of your screen, or by calling any of our three offices.
Central London: +44 (0)20 7242 1134
West London: +44 (0)20 8572 0931
Norwich: +44 (0)1603 307900