Expert accountants for the entertainment business

| Tuesday, August 28, 2012
By Darryl Tipps


Entertainment freelancing - finding freedom

If you're fed up with the 9 - 5 and have a skill to offer, it could be time to consider the life of a freelancer. You get the freedom to choose the path you really want your career to take, as well as when you want to work - both great attractions. Many people from the world of entertainment are choosing to set themselves up as freelancers as it can also prove an incredibly lucrative move financially, but you must be sure that you keep on top of the money.

The path to a healthy work-life balance

No matter what your role, being independent will often earn you more than someone who is employed by a company on a full time basis. Of course this is balanced out by the fact that you have little job security and no entitlements to holiday pay or other benefits - but many people feel that these are small prices to pay. A disciplined freelancer will be able to take time out when they like while still maintaining their business and contacts.

One area that will take up a large amount of any entertainment industry professional's time is working out income and outgoings. Amongst many other things, you'll need to be regularly checking up on what can legally be classed as business expenses, dealing with accounts and taxes and ensuring that the right paperwork has always been filled out. All of these can take a chunk out of your time, so many people in the know choose to forget all about it and have someone else take care of it on their behalf.

Free yourself from the stress

The easiest way to do this is to consult specialist entertainment accountants, professional people who will be aware of exactly what you need to do to pay the correct taxes as well as advise you where you can avoid having to hand over your hard earned cash. Everything from National Insurance Contributions to your annual tax bills can be discussed with them, and many even offer their services for a monthly flat rate. This 'fixed fee accountant' service can often be the best plan for a new freelancer as you'll be able to budget for exactly what the service is going to cost you.

Once you've decided to take on the services of these specialist entertainment accountants, you'll notice that you've somehow got an awful lot more time available to you, allowing you to get out there and pitch for more projects that truly interest you. The stress of dealing with accounts will be lifted and you'll get to focus on growing your skills and your business. Leave it to the professionals and give yourself the freedom you deserve.




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