How self-employed workers were impacted in the Autumn Statement 2023
In this article we look at the changes from the Autumn Statement 2023 that will affect self-employed workers and what these changes mean.
Entertainment and media
The outlook of the entertainment and media industry over the next few years is a positive one, and our specialist teams can work with you to help you reach your goals.
A dynamic and fast-paced business landscape, the entertainment and media market is predicted to be worth over £87 billion by 2025.
We act for a variety of clients within this industry including:
- production companies
- multi-channel networks
- social media stars
- actors, musicians and artists
- VR production studios
- publishers
Helping you expand your business
Over recent years the media and entertainment industry has adapted to the changing and more demanding needs of consumers and will continue to do so in the future. Consumers expect a more personalised experience, increasing on-demand services, less advertising, and stronger security and data protection.
The rapidly changing environment and consumer power is causing media and entertainment companies to re-evaluate their business models, streamline their processes, and improve their structural efficiencies. In this highly competitive industry full of variety, businesses can do better than just keeping up with their competition. Instead, they need to revolutionise the marketplace to stay ahead of the competition.
We have specialists at Price Bailey who have extensive experience working with companies in the media and entertainment industry, and can deliver knowledge-based and efficient services with the capability to support your strategy and add value where possible.
We can support you with all the tools you need to succeed, including:
- objective and practical audit and assurance services
- insight-led strategies from teams with a significant depth of cross-sector knowledge
- owner-managers wanting to sell their business
- accurate and efficient annual accounts and tax returns
- VAT guidance
- outsourcing services – from bookkeeping and payroll to a fully outsourced finance function
- adaptable and tailored support regarding employment and pensions
Guidance in going international
Scaling globally and entering new markets is key for media and entertainment companies in order to stay competitive.
If you’re a media and entertainment business maximising your international business opportunities, from international market development to international tax compliance, we can work with you to achieve the best possible outcome. Our high degree of technical and local business knowledge, coupled with our comprehensive international services allows us to stay informed on the latest legislation and accounting practices.
With offices in the Channel Islands, Eastern Caribbean, Dubai, and London, no matter where you’re based we will support your international interests.
We can help
Contact us today to find out more about how we can help you
Read our insights here
A guide to the Enterprise Investment Scheme (EIS) for founders and investors.
Following the extension of the EIS and VCT sunset clause announced in the Government's 2023 Autumn Statement, we provide a guide to EIS for companies and investors.
Download your 2023 Autumn Statement summary
On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Our summary covers all the key points and is available to download now.
A guide to Full Expensing for British businesses
Following the announced extension and permanence of full expensing in the 2023 Autumn Statement, we provide up to date guidance on how full expensing works and its benefit to British businesses.