Agencies move quickly, taking on staff, freelancers and projects, often before the financial side has caught up. Without clear numbers, it is hard to know which clients and services actually make money.
We work with agencies across the UK, keeping accounts and payroll tidy, VAT correct and producing the management figures you need to make confident decisions.
The tax challenges agencies face
- Managing payroll for a growing team plus freelancers
- VAT on services and sometimes across borders
- Knowing the true profit on each client or project
- Cash flow when clients pay late
- Director pay and profit extraction as the agency grows
What we help with
- Year end accounts and corporation tax
- Payroll for staff and pension auto enrolment
- VAT returns and advice as you grow
- Management figures by client or service
- Director salary and dividend planning
- Cloud bookkeeping that keeps pace
Common mistakes to avoid
Useful tax tips
- Track profitability by client or project, not just total revenue
- Keep payroll and freelancer payments clean as the team grows
- Review VAT treatment if you work with overseas clients
- Plan director pay around the allowances each year
An agency that learned which clients paid
A digital agency was busy and growing but unsure which work was profitable. We set up management figures by client, ran the payroll cleanly and planned director pay. The founders could see which retainers truly paid and focused the business accordingly.