At Elevate Accountancy, we get it. The world of social media influencers can feel like a whirlwind of content creation, collaborations, and endless opportunities. But what about the numbers behind it all? That’s where we come in. As accountants who built our business from scratch using platforms like LinkedIn, we understand exactly what influencers need to keep their finances in order.
If you’re an online content creator struggling to stay on top of your tax returns, expenses, and financial records, fear not! Our team at Elevate Accountancy is here to take care of the paperwork and numbers, so you can focus on doing what you do best – growing your brand and engaging with your audience.
Influencers are masters at turning their passions into revenue streams. Cha-ching! But when it comes to managing that income and ensuring tax compliance, things can get overwhelming.
As a new industry, there are still plenty of grey areas around how much influencers should declare in their tax returns, and how VAT applies to their earnings. You need an expert accountant to help you navigate these rules to avoid penalties, maximise deductions, and ensure you’re paying the right amount of tax.
That’s where Elevate Accountancy steps in. We help you stay compliant, keep your finances in check, and give you valuable advice to ensure you keep more of your well-earned cash.
Investing in a professional accountant might feel like just another cost, but when you’re running your own digital business, it’s an investment that pays off. Elevate Accountancy helps you simplify your financial processes and free up your time to focus on your business. Here’s how:
Keeping your books up-to-date and dealing with tax forms is time-consuming and tedious. We’ll handle everything from filing receipts to managing annual returns, giving you more time to focus on content creation.
We help you stay on the right side of HMRC, ensuring that your tax returns are filed accurately and on time, so you never have to worry about penalties.
Maximise your profits by becoming more tax-efficient. We help you understand your business expenses and ensure you’re taking advantage of every tax deduction available.
As an influencer, your financial needs are unique. Here’s what we can do to help you stay on top of your finances:
Let us handle the daily grind of logging receipts, tracking expenses, and maintaining your books. You can sleep easy knowing your accounts are up-to-date.
If your income exceeds a certain threshold, you may need to pay VAT. We’ll help you navigate the rules around VAT, making sure you don’t pay more than necessary and take advantage of beneficial schemes.
We use Xero, the industry-leading cloud accounting software, to help keep track of your finances seamlessly. Xero is user-friendly and lets you keep everything in one place, making your cash flow easier to monitor.
When your earnings cross the £1,000 threshold, it’s time to file a tax return. We’ll help you understand your tax obligations, make sure you’re compliant, and help you save on taxes wherever possible.
Self-assessment tax returns can be complicated, especially when your income comes from various sources like sponsorships, ads, and royalties. We’ll take the stress out of the process and ensure your return is filed correctly.
We’ll help you identify expenses that you can claim, like equipment, travel, and office costs, ensuring you keep more of your earnings.
Unlike traditional accountants, Elevate Accountancy specialises in the influencer space. We’re content creators ourselves and understand the unique financial challenges you face.
Our services come with fixed monthly payments, so you’ll never be hit with unexpected bills. We offer affordable, tailored packages that fit the needs of your influencer business.
We pride ourselves on being approachable and understanding. No stiff suits here! We’re a down-to-earth team who loves to get to know our clients and offer personalised, professional advice.
Whether you’re looking to secure financing for a new franchise venture or seeking capital to expand an existing franchise business, Elevate Accountancy is here to help. Contact us today to discuss your financing needs and explore how we can support your franchise growth journey.
Elevate Professional Ltd
Company Number: 14727445
Unit 5 Marlborough Road, Wrexham
Industrial Estate, Wrexham, LL13 9RJ
