Specialist Accountants For Youtubers
As a YouTuber, you are classified as being self-employed. A self-employed person has a range of tax responsibilities that result from them being a sole trader. They would have to sort out their own tax returns and deal with national insurance documents as a bare minimum, something a lot of individuals no doubt find very daunting.
Having said that, YouTubers can employ an accountant to help them with their accounting needs if they don’t feel able to cope with it alone. This may not be necessary as a small YouTuber, but as your account grows, you might find that you require someone to help keep you on track.
Having an accountant is certainly not a legal requirement as a YouTuber, but you might find that hiring one helps you to keep on top of tax laws, not to mention save you money in the long run.
What Does It Mean To Be Self-Employed As A Youtuber?
In the same way that a roofing contractor may be self-employed and earning income as a result, being a self-employed YouTuber means you’re doing the same thing and will be categorised as a sole trader.
Smaller YouTubers who earn less than £1000 during the tax year won’t be required to send Self-Assessment tax returns off to HMRC, but anyone who earns more than that will have to. This alone is enough to merit the help of an accountant because without it, you could be at financial risk.
However, even some YouTubers who earn less than this decide to opt for a small business accountant because as soon as they begin making a profit, things can get confusing.
How Can Accountants Assist Youtubers In Their Work?
As a YouTuber, your main goal will be to produce innovative content – you aren’t expected to be an accountant too. Having an experienced accountant can be key to ensuring the success of a YouTuber. Whether the accountant helps a content creator to manage their enterprise, or they merely remind them to pay their taxes on time, the guidance that a trained accountant can have is truly valuable.
Accountants erase all financial uncertainty from the minds of YouTubers, leaving them freer to focus on their projects and on creating top quality content for their audiences. Not only will having an accountant help you to make better decisions now, but they will also help you to make better decisions in the future too, as a result of more accurate forecasts for the year ahead. By utilising an accountant, you’ll be able to monitor your work and your progress and better be able to prepare yourself for the near and, in some cases, distant future.
We Can Find You A Qualified Accountant
Whatever area of expertise you work in as a YouTuber, we can find you a qualified accountant at no additional charge. After you’ve submitted your requirements, we can get in touch with you to discuss any individual needs before finding you an accountant ready to advise you on accountancy matters, both specifically for self-employed YouTubers and small business YouTube families alike.
YouTuber Accountancy Services
AccountantFor provides a comprehensive range of accountancy and tax services for YouTubers through our exclusive network of vetted accountancy talent within the United Kingdom.
– Statutory accounts
– Management accounts
– Financial planning
– Business plan
– Growth modelling
– Tax investigation service
– Capital gains tax
– Tax advice and consultancy
– Company formation
– Registered office address
– Payroll services
– Corporation tax