Whether you’re planning to start a new business in music, or make money as an artist, it’s helpful to plan how you’re going to structure your company for both tax and liability purposes.
If you don’t plan accordingly, you may end up accruing unnecessary costs that are usually easy to avoid.
It is also well known that it can be tax efficient to run your business as a limited company. However, sometimes this isn’t the case for a musician, and sometimes the loss of tax credit can exceed the benefit from your incorporating your business.
At Finnies, we are extremely careful and sensitive with this area, and we always consider and plan any incorporation of your business. In any case, we work closely with you to ensure you are getting the most beneficial service possible for you and your business.
Get in touch with one of our specialists today and find out how we can help you and your business.
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