Models
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Accountancy Services for Models
Whether you’re on a high fashion shoot, helping to promote a new product or moving from the catwalk to the catalogue, you’re likely to be gaining revenue at different times from different sources, and even in different countries.
We’ll ensure everything is accounted for – freeing up your valuable time and helping you make the most of your earnings.
What can models claim for?
Expenses are defined as being necessary for the operation of your business. Here are some examples of typical tax deductions available for musicians:
Are you claiming for?
- Clothing - whilst an obvious one, there can be penalties for over claiming
- Agents fees and subscriptions to professional associations, for example, union fees to Equity, The Model Alliance
- Use of home as an office for relevant admin purposes - correspondence, online meetings etc
- Advertising – any way that you promote yourself and additions to your portfolio
- Travel and related expenses
- Makeup and hair – there does have to be a link to your work
- Health and gym membership – this can be dependent on what you do
- Insurance – any premiums must be deemed ‘wholly and exclusively for the purpose of your business’ we can ensure that any refunds are accurately calculated
Book a call today
- Financial Management
- Expert Tax Support.
- Tax Efficient Image Rights.
We can help maximise your earnings and
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Your Questions, Answered
How is entertainment accounting different from regular accounting?
Entertainment accounting involves managing fluctuating income, international tax obligations, royalties, residuals, brand deals, and performance-related expenses. We specialize in ensuring that industry professionals remain tax-efficient, compliant, and financially secure, no matter how complex their earnings structure is.
Can you help with international tax if I work abroad?
Yes! Many of our clients work internationally, tour globally, or earn revenue from multiple countries. We provide expert guidance on double taxation treaties, VAT requirements, and foreign income reporting to keep you compliant while maximizing your earnings.
What expenses can entertainment professionals claim for tax deductions?
Common tax-deductible expenses include:
✔️ Travel and accommodation for work
✔️ Agent and management fees
✔️ Equipment and wardrobe (if industry-related)
✔️ Studio rental and production costs
✔️ Professional training and coaching
✔️ Marketing, websites, and self-promotion
We help identify all legitimate deductions to reduce your tax bill while ensuring full compliance.
Do I need to register for VAT as an entertainer?
VAT registration depends on your income level and type of work. If your turnover exceeds £90,000 (UK threshold), VAT registration may be required. However, we assess your situation to determine the best VAT scheme for your specific needs, including handling VAT on overseas income and digital earnings.
Can you help with royalty tracking and image rights management?
Absolutely! We assist musicians, actors, content creators, and other entertainment professionals in tracking royalties, negotiating contracts, and setting up image rights companies to protect and maximize earnings while remaining tax-efficient.
