Accounting for influencers
Accounting for influencers
Accounting for influencers done right
Influencers and content creators work in fast-moving industries that are changing every single day. They need to rely on their personality, image and unique skills to cultivate an online audience big enough to pay the bills. All the while, they’re under the public eye. All this can be exhausting, so the last thing such creative people should be doing is worrying about their finances and taxes, especially in their downtime.
Accounting for influencers means saving you valuable time and energy by taking care of everything behind the scenes. High up on your priorities will be your taxes. Self-assessment tax returns are no small deal for influencers, who usually have a lot of income from a range of sources. Accurately reporting your income can therefore be difficult, potentially resulting in you paying more tax than you needed to. With us at the helm, that won’t happen.
Allowable expenses for influencers are particularly tricky to navigate, but extremely important, as some of your costs can be deducted from your income before tax. The catch is that these expenses must be incurred wholly for business purposes. We’ll guide you through everything you need to know and advise you before you make a business purchase so you’re being as tax-efficient as possible.
Accounting for content creators
By hiring AssureTax Accountants, you’ll get the best advice in the industry to ensure your projects flourish. With us handling the books and your taxes, you’ll be able to put detail into your content without sacrificing the health of your finances.
But accounting for content creators isn’t just about taking care of the compliance work. It’s about helping you get to where you want to be. We’ll do that by providing clear and prompt advice when you ask for it. We’ll help you build a reputable business plan, manage your cashflow and check your budget. Contact the team to find out how else we can help with accounting for content creators.
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