Accountants for YouTubers
Whether you're an established YouTube content creator or an emerging star, our team of experienced Client Managers is here to support you with a tailored accounting service.
Are you a YouTuber who loves creating content but struggles to find time to manage your finances? Do you find it a drag to keep track of your income and expenses? Do you find tax rules and regulations a real headache?
Then what you need right now is a specialist influencer accountant. One who truly understands what you’re going through and can help you handle your finances so that you can focus on creating great content.
Capture Accounting - specialist accountants for YouTubers
Capture Accounting is a team of qualified and experienced accountants who specialise in providing accounting and tax services to online content creators, digital entrepreneurs, and social media influencers like yourself.
That means there's no need to waste your time explaining your business model, how you generate income or how you monetise your content. We get it because we deal with creators just like you. We get the unique aspects of your online business, such as monetisation, sponsorship, merchandising and donations.
Our clients include mega channels like @BeAmazed, with over 10m subscribers, and Mike Thurston, with 1.5m subs. That said, we help ambitious and emerging creators that have started monetising and are earning at least £5,000 a month and growing.
We take away the pain of managing your accounts and ensure you're making the right tax-saving decisions - so you can concentrate on what you do best: creating content and making money!
Want to relieve your admin burden and avoid paying too much tax? Let us show you how! Book a Zoom call with us today.
Accountants for YouTubers
What is a YouTuber?
We consider a YouTuber to be an individual or a group of individuals who create and share videos on the platform either as a hobby or as a source of revenue. YouTube is one of the most popular platforms for content creation, with over 2 billion monthly active users and over 500 hours of video uploaded every minute!
With that many users engaging with the platform, no wonder there are so many businesses circling above, seeking revenue-generating opportunities.
This is why, as a content creator on YouTube, you have multiple sources of income available to you, including ad revenue, brand partnerships, sponsored content and merchandise sales.
If you’re a YouTuber who’s currently earning from two or more of these income streams, then tracking and managing them, along with marketing costs and claiming expenses, can be overwhelming.
That's where our specialist accounting services come in.
Why does a YouTuber need an accountant?
As a YouTuber who is making money from their content, you are classed as running your own business. This means that you have certain accounting and tax responsibilities, such as:
- Recording and reporting your income and expenses
- Preparing and filing your self-assessment tax return
- Paying your income tax and National Insurance Contributions (NIC)
- Registering for VAT if your turnover exceeds the threshold
- Setting up a limited company if you want to separate your personal and business finances
- Complying with the relevant laws and regulations that affect your online business
- Managing contracts
- Investing in the future
To someone that thrives in a creative space, these types of tasks can be time-consuming, daunting, and stressful.
That's why it makes sense to work with an accountant who can help you navigate the intricacies of tax and financial management, allowing you to breathe easy and concentrate on growing your followers.
Why do YouTubers need specialist accounting services?
The fact is, being a social media influencer with multiple income streams has its own unique challenges, unlike every other random business out there (as I’m sure you'll agree!).
Generalist accountants, who take on clients from any old industry, are not well-versed enough in the world of social media and YouTube to give you the advice you need. So, if you’re looking for an accountant to help keep your YouTube finances in check, then you're in the right place.
Our accounting services for YouTubers and Vloggers
Depending on your needs, we can offer a combination of the following accounting services.
Bookkeeping
Keeping track of your income and costs is crucial for managing your cash flow. We can take this frankly mundane task away from you. You just need to scan your receipts and invoices using an app, and we'll do the rest.
Tax and VAT
We’ll help you prepare and file your self-assessment tax returns (or Corporation Tax return), and ensure that you are claiming expenses correctly to reduce your bill and keep more money in your pocket.
Company formation
If you're considering forming a limited company for your influencer business, we'll guide you through the incorporation process, including choosing a suitable name, registering your new company with Companies House and HMRC, opening a business bank account, and setting up a payroll system.
UK YouTubers based abroad
If you're a UK citizen living and working abroad but still earning income from YouTube in the UK, managing your finances across borders can often be challenging. We can help you deal with the tax implications.
Our accountants specialise in international tax matters and can advise you on the double taxation agreements between the UK and other countries so you never have to pay tax twice on the same income. We'll assist you so that you remain compliant with all the relevant regulations and that your tax affairs are in order.
What to expect from working with us
Expertise
We have extensive experience in working with YouTubers and social media influencers and understand the unique challenges of the industry.
Time-saving
You can save valuable time and reduce the stress associated with managing your finances.
Tax Efficiency
Our goal is to ensure you make the most of the tax savings available to you so you keep more of your earnings.
Comprehensive Services
From bookkeeping to tax planning and company formation, we offer a wide range of accountancy services designed specifically for YouTubers and content creators.
Dedicated client manager
Unlike other firms where you might be passed from pillar to post, you will have a dedicated client manager at Capture that you can call or email when you need to - whether that's a question to ask or for an opinion on anything finance or business-related. We don't charge by the hour either, so you never have to worry about the clock ticking!
Thinking of Setting Up a Business in Dubai?
If you are an YouTuber dreaming of Dubai, then speak to the Capture Accounting team today. Our experts can answer all of your questions and guide you through the entire setup process, from company registration to understanding local regulations.
We're not just your average number-crunchers - we're passionate about the digital creator community and understand the unique challenges you face. The team is always just a message away whenever you have a question or need advice.
Drop us a message, and let's embark on this exciting journey together!
Why choose Capture Accounting?
If you are looking for an accountant who can help you as a YouTuber, look no further than Capture Accounting. Not only are we specialist accountants for influencers and content creators, but our founder is also a content creator and regularly puts out video content across Linkedin, YouTube and Instagram.
That means we understand first-hand what your biggest challenges are and are well-positioned to help navigate the accounts and tax minefield and help you keep more of what you earn!
As a relatively new profession, there is limited specialist accounting support out there for influencers, but Capture is here to change that. We are passionate about providing helpful, relevant advice to social media professionals so that they don't pay too much tax and keep more of their hard-won earnings.
Our cost-effective accountancy services, such as bookkeeping and tax advice, can help you to take control of your accounts and claim your financial freedom!
Navigating the complexity of tax compliance can be daunting, especially when you're juggling between the UK and Dubai. Fear not, we’ve got your back. Our team of tax-savvy accountants know all the ins and outs of the UK and Dubai tax systems.
Whether you're just getting started or already rocking your influencer business in Dubai, we'll make sure you stay on top of your tax game, help you maximise your profits and keep you compliant with the tax authorities.
Find out if we’re the right accountants for you
Find out if we’re the right accountants for you.
Call us today: 023 8061 0573, contact us or book a consultation below.
You can also download our FREE guide here!
Capture Accounting is rated 5 out of 5 based on 10 Google reviews.
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