Supportive Chartered Accountants for Musicians & Artists in the UK
ABM Chartered Accountants provides expert accounting for musicians & artists across the UK, from emerging performers to established creative professionals. Our ICAEW and ACCA qualified team handles royalty income, creative expenses, touring costs and tax planning for creative businesses and individual artists.
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What Our Clients Say About Us
Hundreds of businesses across the UK trust ABM Chartered Accountants for reliable, expert, and genuinely personal accounting services. See why clients rate us as their most trusted financial partner.
Accounting Built for Musicians and Artists
Musicians and artists face challenges that general accountants rarely handle. Multiple royalty streams from PRS, PPL and MCPS, irregular gig income, instrument expenses, touring costs and merchandise VAT all demand advisors who understand how creative professionals earn and get taxed.
ABM Chartered Accountants works with performing musicians, visual artists, songwriters, producers, session players and creative professionals across England, delivering structured financial support for creative businesses and individual artists. Every Self Assessment, royalty schedule and tax return is handled accurately.
Helping Creative Professionals Track Income and Claim Expenses
Musicians and artists need more than basic compliance. ABM Chartered Accountants prepares royalty income schedules, creative expense claims, touring cost records, merchandise VAT returns and tax planning, giving creatives clear visibility over true earnings from every income stream.
Whether you perform live, earn streaming royalties, sell artwork, teach, produce or combine multiple creative income sources, our ICAEW and ACCA qualified team adapts to your career, keeping the business and individual artists covered on all taxes.
Our Accounting Services for Musicians & Artists
We offer a full range of accounting, tax and advisory services for musicians & artists, designed around the demands of royalty income, creative expenses and creative professionals working across the UK.
Accounting Solutions
Expert annual accounts, year-end reporting, and accurate financial statements for UK businesses.
Bookkeeping
Cloud-based bookkeeping with Xero, QuickBooks, and Sage to keep accounts accurate.
Corporate Tax
Corporation tax compliance, computations, and strategic planning for UK companies.
VAT
VAT registration, quarterly returns, and Making Tax Digital compliance for UK businesses.
Payroll
End-to-end payroll, PAYE, RTI submissions, and pension auto-enrolment managed on time.
Audit & Assurance
Statutory audits, independent reviews, and assurance services for confident financial reporting.
Business Advisory
Cash flow forecasting, growth planning, and advisory support for confident decisions.
Company Formation
Fast UK company formation, Companies House registration, and full HMRC tax setup.
Management Accounts
Monthly or quarterly management accounts with KPIs, variance analysis, and clear insights.
Why Creatives Choose ABM Chartered Accountants
Sector Expertise
Strong grasp of royalties, creative expenses and touring costs.
Qualified Specialists
ICAEW and ACCA members experienced with creative professionals.
Cloud-Based Delivery
Secure remote access to accounts and filings nationwide.
Supporting Musicians and Artists Across the UK
ABM Chartered Accountants supports musicians, artists and creative professionals throughout England, from London and the South East to the Midlands, North West and beyond. Our cloud-based systems deliver specialist accounting to creative businesses nationwide.
How We Work
Initial Consultation
Set Up and Onboard
Ongoing Support
We provide regular reviews and proactive advice to keep your finances optimised and HMRC-compliant.
Get in Touch Today
Whether you need help with your tax return, payroll, VAT, or business advisory, our qualified UK accountants are ready to provide clear, practical guidance for your specific needs.
Book a Consultation
Fill in the form below and one of our expert accountants will contact you promptly to discuss your accounting and tax requirements.
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Frequently Asked Questions
Here are answers to common questions musicians, visual artists and creative professionals ask about specialist accounting for the sector.
How are royalty payments reported for tax?
PRS, PPL and MCPS royalties plus streaming income from Spotify and Apple Music are all taxable trading income. Each source must be declared in the tax year payment is received.
What creative expenses can I claim?
Instruments, amplifiers, studio equipment and recording software are claimable through capital allowances. Strings, reeds, art materials, studio rent, distribution fees and professional subscriptions like the Musicians’ Union are revenue expenses.
How are touring costs treated?
Travel to gigs, van hire, fuel, accommodation and per-diems for touring are deductible business expenses. A mileage log recording date, destination and purpose of each journey provides essential evidence.
Is merchandise income subject to VAT?
Yes, once total taxable turnover exceeds £90,000. Merchandise sold at gigs, online or through galleries counts towards the threshold. Registration means charging VAT but also reclaiming it on production costs.
How is foreign royalty income taxed?
International royalties may have withholding tax deducted abroad. Double taxation treaties allow you to reclaim or offset foreign tax paid against your UK liability. Proper reporting avoids being taxed twice.
Can ABM support creatives nationwide?
Yes. ABM Chartered Accountants serves musicians and artists across England using secure cloud-based platforms, delivering specialist accounting to performers, visual artists and creative professionals.