What we offer creative industries businesses
As Xero Gold Partners and ICAEW chartered accountants, we provide specialist accounting services for the creative industries sector:
- Project-based invoicing and milestone billing
- Freelancer and contractor payment management
- R&D tax credits for creative and digital projects
- IR35 compliance for off-payroll workers
- Multi-currency invoicing for international clients
- Cash flow management for irregular income patterns
Why creative industries businesses choose Xero with JacRox
Creative businesses rarely have predictable income. One month you are flush, the next you are chasing late invoices. Xero gives you a real-time view of what is owed, what is coming in and what your cash position looks like over the next 30, 60 and 90 days.
We are part of Jack Ross Chartered Accountants, established in 1948. You get a dedicated named accountant who understands your industry, transparent fixed fees, and the full support of an ICAEW-regulated firm.
Accounting for creatives: it doesn’t have to be painful
Whether you’re a design studio, production company, photographer or freelance creative, the accounting side of running your business probably isn’t why you got into this work. But ignoring it causes problems – late tax returns, unexpected bills, and no clear picture of whether you’re actually making money.
We set up Xero to be as hands-off as possible for creative businesses. Bank feeds pull in transactions automatically, Dext captures receipts from your phone, and repeating invoices handle your regular clients without you lifting a finger.
Creative businesses also tend to have irregular income – a big project one month, nothing the next. We build cash flow forecasts in Xero that account for this, so you know when to invest in new kit and when to hold back. And if you’re VAT registered on the Flat Rate Scheme (which suits many creatives), we’ll make sure you’re on the right percentage and that your returns are filed on time.
Get started with a free consultation
If you run a creative industries business and want to get more from your accounting, get in touch. We will review your current setup and show you how Xero can help. Call us on 0161 832 4451 or book a free consultation.
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