Authors & Writers
Why do Authors and Writers need specialist accountants?
The creativity and dynamism of those in literature regularly sit 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. In addition to wages and salaries earned for working on productions of various types (television, film, theatre etc), you may receive repeat fees royalties and residuals due from previous literary, bonuses and other payments, for example sponsorship deals and fees for public appearances. Other monies which you may receive include per diem travelling and subsistence expenses, while non-financial ‘perks’ such as free theatre tickets might also be received.
Most Authors and Writers experience marked and unpredictable fluctuations in workload, both from one year to the next and even from month to month. Relatively few 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, your reputation and renown, the amount of work available, the type of work undertaken, and the level of fee commanded.
How LEES can help
In order to maximise your time, we offer services such as:
- Bookkeeping
- Annual accounts compliance
- Tax planning and compliance
- VAT treatment and compliance
- Payroll
- Advice on business structures
- Free no obligation financial review
Our specialist team act as enthusiastic and trusted advisors to a variety of clients in the literature industry, ranging from small individuals to large corporations.
We know how important data protection is to you, that is why LEES have an in depth privacy policy so you know your data is secure.
If you would like to discuss how LEES could help you, you can chat with us by clicking the red buttom 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