Being a musician is about passion, creativity, and hitting the right notes—but when it comes to money, many artists find themselves off-key. That’s where Jungle Tax, specialist accountants for musicians, comes in. We don’t just crunch numbers—we speak your language and understand the unique financial rhythm of the music industry.
Why Musicians Need Specialist Accountants
The music business isn’t just about gigs and royalties—it’s a financial ecosystem with its own rules. Here’s why accountants for musicians – Jungle Tax are essential:
● Irregular Income – From streaming royalties to festival payouts, your cash flow is unpredictable.
● Complex Royalties – PRS, PPL, mechanicals, sync deals—each has different tax implications.
● Tour Accounting – Managing expenses, per diems, and VAT on international performances.
● Self-Employment & VAT – When to register, what to claim, and how to stay compliant.
● Music Business Structures – Should you be a sole trader, limited company, or set up a band partnership?
We help you stay financially in tune so you can focus on the music.
Top Tax Deductions Every Musician Misses
Most musicians overpay taxes simply because they don’t know what they can claim. Here’s what accountants for musicians – Jungle Tax make sure you include:
🎸 Gear & Equipment – Instruments, amps, pedals, and repairs.
🎤 Studio Costs – Recording time, mixing, mastering, and session musicians.
📱 Digital Expenses – Music software (Logic, Ableton), plugins, and subscriptions.
🚐 Tour & Travel – Fuel, van hire, accommodation, and rider costs.
📢 Promotion – Music videos, PR, social media ads, and merch production.
🎓 Training – Lessons, masterclasses, and industry workshops.
Pro Tip: Keep every receipt—even small expenses add up over time!
Royalties Demystified: How to Track & Maximise Earnings
Royalties are a lifeline for musicians, but they’re often mismanaged. We help you:
✔ Track All Income Streams – PRS, PPL, Spotify, YouTube, and sync deals.
✔ Understand Tax Treatment – Different royalties are taxed differently.
✔ Claim Foreign Tax Relief – If you earn from overseas platforms.
✔ Spot Missing Payments – Many artists are owed money they don’t know about.
“Jungle Tax helped me recover £3,200 in unpaid royalties I didn’t even know I was owed.”– Liam D., Indie Artist
Touring Finances: Keeping the Show on the Road
Touring is exciting but financially risky. Our accountants for musicians help you:
✅ Budget for Tours – Predicting costs vs. revenue before you hit the road.
✅ Claim Tour Expenses – Fuel, crew wages, accommodation, and per diems.
✅ Handle International VAT – Crucial for EU/US tours post-Brexit.
✅ Protect Against Losses – What to do if a tour gets cancelled.
Should You Set Up a Limited Company?
Many musicians hit a point where going limited makes sense. We advise on:
● Tax Savings – Lower corporation tax vs. income tax rates.
● Expense Flexibility – More options for claiming gear, travel, and studio costs.
● Protecting Personal Assets – Separating business and personal finances.
Case Study: A touring band saved £11,000 in their first year by incorporating.
Why Jungle Tax? Because We Get Musicians
✅ Music Industry Specialists – We’ve worked with artists, labels, and managers.
✅ Royalty & Streaming Experts – We know how to track every penny.
✅ Proactive Advice – Not just year-end tax returns.
✅ Fixed Fees – No surprise bills.
Ready to Tune Up Your Finances?
Don’t let bad money management silence your career. Jungle Tax, accountants for musicians, helps you stay financially sharp so you can keep making music.
📞 Book a free 15-minute consultation today and take control of your money!
