Accountants for Theatre & Performing Arts
Your focus is the production. We’ll help you make the numbers work.
Theatre and performing arts organisations have financial challenges that don’t always fit neatly into standard accountancy. Productions can cross accounting periods, income can come from different sources and costs need to be understood at both production and organisational level.
There is also Theatre Tax Relief, which can provide valuable support for qualifying productions but brings its own accounting and Corporation Tax requirements.
At Counted, we work with theatre companies and performing arts organisations, providing straightforward accountancy, tax and financial support that helps you understand where your organisation stands and make the most of the reliefs available to you.
Accountancy that works around your productions
You need the essentials taken care of, but you also need an accountant who understands that your finances may revolve around individual productions, projects and performances.
We can support you with:
Annual accounts and tax returns
Corporation Tax
Theatre Tax Relief
VAT registration and returns
Payroll and workplace pensions
Management accounts and financial reporting
Company secretarial support
Accounting systems and processes
Cash flow and financial planning
Business and financial advice
We'll help you stay on top of your responsibilities while making sure your accounting records give you the information needed for both the organisation and its productions.
We understand theatre and performing arts organisations
Theatre and performing arts organisations come in many forms.
You might produce your own shows, tour productions, commission new work, operate from a venue or create productions in partnership with other organisations.
Your income might come from ticket sales, performance fees, commissions, grants, sponsorship or a mixture of different sources.
We'll take the time to understand how your organisation and productions actually work, rather than trying to fit them into a standard template.
Making the most of Theatre Tax Relief
Theatre Tax Relief can provide valuable additional relief for companies producing qualifying theatrical productions.
But claiming it requires more than simply identifying that you produce theatre. The production must meet the relevant conditions and the expenditure included in the claim needs to be identified and treated correctly.
We can help you understand how Theatre Tax Relief applies to your productions and prepare the relevant calculations and claim as part of your Corporation Tax compliance.
Already producing theatre?
If your theatre or performing arts organisation is already established and you're looking for an accountant who understands Theatre Tax Relief, we'll start by understanding how you operate, how your productions are structured and how your accounting records are currently maintained.
We'll also help make the transition from your existing accountant as straightforward as possible.
Planning a new production?
Good financial planning at the beginning of a production can make the accounting much easier later.
We can help you think about how the production should be recorded, how costs can be tracked and what information you will need to retain if you intend to make a Theatre Tax Relief claim.
Your business has a story. Let's make sure the numbers support it.
If you're looking for an accountant who understands theatre, performing arts and Theatre Tax Relief, we'd like to hear yours.
Counted LLP
Every organisation has a story. We'd be proud to be part of yours.
Registered in England & Wales Company number OC449539 | Registered Office: 2 Geordie Ridley Place, Blaydon on Tyne, Tyne and Wear NE21 5BT | Phone: 0191 323 2390