Music Industry
At Chapman, Robinson & Moore, we understand the unique financial challenges faced by those in the Music Industry, from musicians and recording artists to producers and managers.
Our specialised accounting services are designed to meet the complex needs of music professionals, helping you navigate fluctuating income, tax planning, royalties, and international payments.
Whether you're managing a tour, recording album expenses, or negotiating contracts, our team provides tailored advice to optimise your financial position, ensuring compliance with UK regulations and maximising tax efficiency.
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Specialised Expertise
Our team has years of experience in the music industry, ensuring we understand the unique financial needs and challenges you face. -
Proactive Approach
We stay up to date with the latest industry regulations and tax laws, providing proactive support to ensure you remain compliant and maximise your financial opportunities. -
Clear Communication
We believe in transparent, open communication. Our team provides clear and concise advice, helping you understand your financial situation and make informed decisions.
We offer personalised accounting solutions designed to meet the specific needs of music professionals. Whether you’re a solo artist, part of a band, or managing a music label, our services help you manage your finances effectively, so you can focus on your creative work.
Income Tax Planning
The unpredictable nature of income in the music industry, such as royalties, gigs, and recording contracts, can make tax planning complex. We help manage your irregular income by offering tailored tax strategies, ensuring that you make the most of available allowances and exemptions.
Royalty Management
Handling royalties can be difficult, especially when you receive payments from multiple sources. Our team tracks and manages your royalties, ensuring they are properly accounted for and taxed efficiently.
VAT Advice
Navigating VAT in the music industry can be tricky, especially for international income and tour-related expenses. We provide VAT advice that ensures compliance while optimising your VAT position.
Tour and Event Accounting
Touring requires careful financial management, from budgeting and tracking expenses to reporting income. Our specialised tour accounting services help you manage your finances on the road, ensuring your tours and events are financially successful.
International Tax and Payments
With the global nature of the music industry, managing international payments and taxes is critical. We offer expert advice on international tax compliance, helping you manage foreign income, withholding taxes, and foreign tax credits.
Contractual Advice
Whether you’re signing a record deal, publishing agreement, or a management contract, we provide advice on the financial implications of these agreements, helping you secure the best terms for your career.
Bookkeeping and Financial Reporting
We provide professional bookkeeping services to help you maintain accurate records of your income and expenses, ensuring your finances are always up to date. Our financial reporting services offer valuable insights into your financial performance.
Payroll Services
If you employ a team for tours or productions, our payroll services ensure that they are paid accurately and on time, while keeping your business compliant with employment regulations.
Forecast & Reporting
Our forecasting and reporting services provide tailored financial insights, helping businesses plan for the future, manage risks, and improve profitability.
Personal Tax Returns
Let us handle your personal tax returns with ease, ensuring everything is accurate, submitted on time, and optimised to help you save while staying fully compliant with HMRC.
Payroll, Pensions & CIS
We manage payroll processing, pension contributions, and CIS returns, ensuring everything runs smoothly and on time.
We have extensive experience working with clients in the music industry, giving us a deep understanding of the unique challenges you face.
Our team is committed to providing personalised accounting services that are tailored to your specific needs.
Whether you’re a solo artist, band, manager, or music label, we’ll help you stay on top of your finances, allowing you to focus on your creative work.
Fill out our contact form and a member of the team will get in touch shortly to discuss your requirements.