Creative Industries
In the dynamic world of media, entertainment, and design, managing finances can be as complex as it is critical. At Money Momentum, we specialize in offering accounting and financial services uniquely tailored to creative professionals, helping you turn creative vision into sustained financial success.
Creative Industries (Media, Entertainment, Design)
We understand the unique financial and tax considerations of creative professionals and agencies.
Empowering the Creative Economy:
The UK’s creative sector contributes billions annually and requires a specialized approach due to project-based income, royalties, and irregular cash flow. We help clients manage earnings, optimize financial reporting, and maximize profitability.
Royalty and Licensing Management:
We handle the complexities of royalty and licensing income, ensuring accurate reporting and maximizing earnings from contracts in music, art, writing, and digital media.
Project-Based Financial Structuring:
We help creatives manage fluctuating cash flow by structuring finances for varying projects, offering invoicing solutions and tax-efficient structures tailored to your income model.
Accessing Tax Credits and Incentives:
We guide you through programs like Film Tax Relief, Animation Tax Relief, and Video Games Tax Relief, ensuring you secure financial advantages and reduce tax liability to reinvest in future projects.
Business Expense Optimization:
We identify and maximize allowable expenses, such as software, studio rentals, and equipment—helping you reduce taxable income and maintain accurate records.
Income and Expense Tracking for Cash Flow:
We assist with budgeting, tracking income from multiple projects, and managing cash flow, ensuring financial stability even during leaner months.
VAT Registration and Compliance:
We handle VAT registration, compliance, and Making Tax Digital (MTD) requirements, ensuring you stay compliant while focusing on your creative work.
Intellectual Property (IP) and Copyright Advisory:
We provide guidance on managing and protecting your intellectual property, ensuring that your financial strategy aligns with your creative assets’ value.
Future-Proofing Your Finances:
We help prepare your business for industry changes, offering advice on investments, growth, and sustainable scaling in a rapidly evolving sector.
Key Services We Provide
VAT Compliance & Management:
Navigating VAT regulations can be challenging, especially with cross-border transactions or industry-specific exemptions. Our team ensures your business remains fully compliant, optimizing VAT claims and managing liabilities efficiently.
Enterprise Investment Scheme (EIS) & Seed Enterprise Investment Scheme (SEIS):
Attract investors by leveraging EIS and SEIS tax reliefs, which are essential for startups and growth-focused businesses. We guide you through eligibility, applications, and compliance to secure funding while providing tax benefits to your investors.
EResearch and Development (R&D) Tax Credits:
We identify and claim R&D tax credits, unlocking government incentives for businesses engaged in innovation. Whether you’re a tech startup or a healthcare provider investing in research, we help you maximize R&D credits to fuel growth.
Merger & Acquisition Support:
Our expert team provides end-to-end guidance during mergers and acquisitions, from initial valuation and due diligence to post-merger integration. We ensure a smooth transition with a focus on maximizing value and minimizing financial risks.
The Value of
Accounting in your company
Elevate your financial strategy with our comprehensive range of services. From Financial Due Diligence by Certified Chartered Accountants for secure business transactions to precision management for Healthcare and Medical Practices, tailored solutions for Contractors, Influencers, and Freelancers, and specialized financial expertise for the Creative Industries—we are your trusted partner in achieving financial success across diverse sectors.
Why Choose Us?
Our expertise in the creative industry goes beyond traditional accounting. We offer tailored financial solutions that address the unique challenges faced by creative professionals, helping you secure financial stability and maximize opportunities.
Specialized Expertise in Creative Sectors:
With deep knowledge of media, entertainment, and design finance, we’re equipped to manage complex income streams, royalties, and licensing arrangements, allowing you to focus on your passion.
Maximizing Financial Benefits:
From tax credits to allowable deductions, we help you unlock financial advantages that reduce your tax liabilities and boost your business’s profitability.
Future Ready Financial Strategies:
In an ever evolving industry, we prepare you for tomorrow’s challenges with strategic advice on growth, investment, and IP protection, ensuring your financial success for the long term.
A Dedicated Financial Partner:
We’re committed to supporting your creative journey with personalized service, proactive insights, and guidance every step of the way. Trust us to turn your creative vision into lasting financial success.
Testimonials
WHAT OUR CLIENTS SAY ?
Discover how we've transformed challenges into opportunities.
Thanks to Shabbir Hussain as I have experienced a transformative shift in our financial management. Shabbir's expertise and personalized support have helped us streamline our accounting processes, optimize our finances, and focus more on patient care. With Shabbir's guidance, we've achieved greater efficiency and peace of mind knowing our finances are in capable hands. I highly recommend their services to any dental practice seeking financial excellence.
I highly recommend Money Momentum to any healthcare provider looking to elevate their financial management because with Shabbir's professionalism, expert guidance, attention to detail, and proactive approach, we've streamlined our accounting processes, gained valuable insights into our financial health, and freed up valuable time to focus on delivering exceptional patient care.
Shabbir Hussain has been an invaluable asset because his cost-effective services, paired with his personal touch, have truly made a difference in our day-to-day operations. With his support, we've been able to focus more on providing top-notch IT solutions to our clients, knowing that our financial matters are in capable hands. We're grateful for their expertise and highly recommend them to any IT business seeking reliable financial management.