Influencers and content creators

The influencer economy

Influencers and content creators using social media platforms such as Youtube, Twitch, OnlyFans, TikTok and Instagram have built lucrative businesses by creating content on these platforms. In 2023, the global influencer market is estimated to be worth a whopping 21.1 billion dollars, which has allowed influencers of all ages and backgrounds to get a slice of the industry.

As the market is so easy to access, this creates a higher level of risk for influencers and content creators – especially if they are unsure of how to manage their finances, calculate tax liabilities or be compliant with HMRC. This can create many unwanted issues including retrospective tax liabilities, penalties and fines.

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Why would I need an accountant as an influencer and content creator?

Success from being an influencer and content creator can come thick and fast! Before you know it, you’re receiving significant sums of money and are faced with paying taxes to HMRC. From the moment you are earning more than £1,000 per tax year you will be required to register for Self Assessment and report your income to HMRC, as well as paying the relevant tax. This is where we can help!

We can provide support with key decisions such as:

  • Whether to operate as a sole trader or via a limited company
  • What expenses can be offset against income
  • How to structure your personal income in the most tax-efficient way

Whilst it may just seem like another cost, investing in a good accountant can save you thousands in the long run! In addition to this, you have peace of mind that you are being compliant and won’t face any unwanted penalties or fines from HMRC. This gives you the time to be focusing on producing content and growing your business.  

Why should I use AGILE?

We understand your end goal of building your personal wealth and maximising your take home pay. Our team have years of experience in this sector, working with high net worth individuals, sporting associations and high profile individuals. Confidentiality of our clients is paramount to us and we offer an NDA service to give you peace of mind if necessary. 

As chartered accountants we are fully regulated and we offer straightforward but effective services, including:

  • A dedicated team – our team are always on hand to support you, they will fully understand your business and provide you with the support you need.
  • Cloud accounting software – this allows you to have a ‘live’ insight to your finances whilst you’re on the go.
  • Bookkeeping – let us take care of the boring record keeping!
  • VAT compliance – we can provide guidance and support to ensure you are VAT compliant and don’t have any nasty surprises!
  • Tax support – we will be on hand to answer your questions, make suggestions and ensure you are operating in the most efficient way from a tax perspective.
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How do I sign up?

We can have you all set up in just three simple steps…

Step 1

Get a quote

Build your own package and get your online quote

Step 2

Speak with AGILE

After you’ve filled out your quote we’ll be in touch to find out more

Step 3

Receive a warm welcome

We’ll get you set up, settled in and introduced to your team

Read why our clients love working with us

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