Our Services

Who do we work with?

Our services are meticulously tailored to meet the unique financial needs of professionals in the music industry. Whether you are managing the complex accounts of a music festival, handling the financial aspects of an artist’s tour, or running the day-to-day finances for a music label, we understand the challenges you face. We work closely with festivals, promoters, and touring artists to ensure their financial operations are seamless, allowing them to focus on their craft while we manage the intricacies of their accounts. For artist management teams and booking agencies, our expertise ensures that artist earnings, tour budgets, and contractual obligations are tracked accurately, helping them make informed financial decisions that support the long-term success of their clients.

In addition to working with artists and their teams, we also partner with PR companies and music labels, providing specialized accounting services that address the dynamic financial landscape of the industry. From managing royalties and revenue streams to overseeing payroll for large events, our approach is designed to be both comprehensive and adaptable to the specific requirements of each client. Our goal is to offer peace of mind by delivering reliable financial reporting, tax preparation, and bookkeeping services that keep your business on track, no matter the size or scope. By leveraging our deep understanding of the music industry, we help clients navigate financial complexities with confidence, ensuring they can thrive in a competitive and ever-evolving market.

Specialist services we offer

We understand the nuances, the potential pitfalls and the support necessary to make your life easier.

Touring Artists

  • Receipt management
  • Liaising with booking /management agencies
  • Receipt management
  • Withholding tax allocation
  • Tour reports
  • End of year accounts preparation
  • Cash flow planning
  • Custom monthly reports

General

  • Daily bank reconciliation
  • Bill payments
  • Invoice creation
  • VAT returns
  • Royalty reports
  • Liaising with artists to pay royalties
  • Custom monthly reports
  • Label track analysis
  • Goal planning

Events

  • Festival budget management
  • PO system creation and management
  • Festival reports
  • Credit control
  • Cash management at event
  • End of year accounts preparation
  • Cash flow planning pre event

Our Client Base

Artists

Festivals/Events

Got Questions

FAQs

What is In The Loop Accounts?

In The Loop Accounts is a bookkeeping and accountancy firm that offers expert services to small businesses and freelancers, specialising in the events industry. Our goal is to simplify financial management, ensuring that clients stay “in the loop” with their finances.

What services does In The Loop Accounts offer?

We offer a variety of bookkeeping and accounting services, including VAT returns, payroll, tax preparation, and management accounts. We also provide advice on financial processes and cash flow management.

Who are In The Loop Accounts' typical clients?

In The Loop Accounts mainly works with small businesses and freelancers/artists within the events industry. We help clients stay on top of their finances and maintain compliance with tax regulations.

What sets In The Loop Accounts apart from other accounting firms?

Our focus on clear communication and transparency helps ensure that clients are always informed and involved in their financial management. We aim to make accounting processes easy to understand, providing personalised service and real-time updates.

How experienced is the team at In The Loop Accounts?

The team has years of experience in bookkeeping, payroll, and tax advisory services. We have the expertise to handle the unique needs of small businesses and freelancers.

Does In The Loop Accounts work with businesses outside the UK?

No, In The Loop Accounts currently does not work with businesses outside the UK. Our services are focused on supporting UK-based clients.

How can I get started with In The Loop Accounts?

To get started, you can contact us directly by filling in our contact form or by sending an email to schedule a consultation. We will discuss your business needs and tailor our services to suit you.

How does In The Loop Accounts keep clients informed?

We emphasise keeping clients updated through regular email communications and meetings where needed. This ensures that clients are always aware of their financial situation.

What accounting software does In The Loop Accounts use?

In The Loop Accounts primarily uses Xero, a leading cloud-based accounting software, to manage bookkeeping, payroll, and tax filings efficiently.

Is there a long-term contract required to work with In The Loop Accounts?

No, In The Loop Accounts does not require a long-term contract. We offer flexible agreements tailored to your business needs, allowing you to work with us on a schedule that suits you.

How does In The Loop Accounts help with tax compliance?

We help clients manage their tax filings and ensure compliance with UK tax regulations. This includes preparing and submitting VAT returns, corporation tax, and self-assessment tax filings for individuals.

Can In The Loop Accounts assist with payroll management?

Yes, we offer comprehensive payroll services that ensure your employees are paid correctly and on time while maintaining compliance with HMRC regulations.

Where is In The Loop Accounts located?

The company is based in Cheltenham and London UK, but provides services remotely to clients throughout the country.

What are the benefits of hiring In The Loop Accounts?

By hiring In The Loop Accounts, clients save time on financial management, get expert advice on their accounts, stay compliant with tax laws, and gain peace of mind knowing that their finances are in expert hands.

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