Services to Clients in the Sports and Entertainment Industries
Carston Chartered Accountants provides the following tax and accountancy services to clients in the sports and entertainment industries, with particular expertise in the following areas: Creation of UK limited liability personal services companies, including:
- Incorporation of the company, including dealing with all Companies House and Inland Revenue paperwork.
- Structuring the company so it fits the client's personal needs.
- Providing the relevant contracts including assignment of image rights to the company and contracts between the company and employer.
- Company Secretarial and Registered Office services.
- Production of regular Management Accounts.
- VAT Returns and payroll services.
- Preparing and filing Full and Abbreviated accounts with the Inland Revenue and Companies House.
- Preparing and filing your Tax Return each year, ensuring that all relevant deadlines are met and advising in advance of all payments due.
- Submission of the appropriate claims and elections via detailed knowledge of your industry in order to minimise your personal tax liability.
- Submission of claims relating to prior years where the taxpayer has not structured their tax affairs in the most efficient manner. This can frequently result in substantial Income Tax repayments.
- Personalised tax planning with a view to reducing both Corporate and Income Tax liabilities.
- Creation and management of the offshore company and bank account.
- Obtaining significant tax savings through the offshore company acquiring the image rights of the individual.
