Music Industry Specialists

Pricing

Emerging Artist (ST)

$250 /month + GST**

The Emerging Artist Sole Trader package is for artists taking their first steps in the performance industry. This package is best suited for artists with an annual turnover of under $75,000. Below is a list of our core services relevant to an emerging artist.

Business Management Services

  • Set up accounting software

  • Cashflow forecasting

  • Bookkeeping

Tax and Compliance Services

  • Preparation and lodgment of annual Income Tax Returns for one person

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Emerging Artist (LTD)

$375 /month + GST**

The Emerging Artist package is for artists taking their first steps in the performance industry. This package is best suited for artists with an annual turnover of under $75,000. Below is a list of our core services relevant to an emerging artist.

Business Management Services

  • Set up accounting software

  • Cashflow forecasting

  • Bookkeeping

Tax and Compliance Services

  • Preparation of the annual Financial Statements for one entity

  • Preparation and lodgment of annual Income Tax Returns for one person

  • The preparation and lodgment of annual ASIC Company Annual Reviews and minutes

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Breakthrough Artist

$750 /month + GST**

The ‘Breakthrough’ package is for artists beginning to get some traction. This package is best suited for artists with an annual turnover of under $300,000. Below is a list of the services we provide in our Breakthrough Package.

Business Management Services

  • Set up accounting software

  • Cashflow forecasting

  • Bookkeeping

  • Quarterly business reporting

Tax and Compliance Services

  • Preparation of the annual Financial Statements for one entity

  • Preparation and lodgment of annual Income Tax Returns for two individuals

  • The preparation and lodgment of annual ASIC Company Annual Reviews and minutes

  • Review and referral to international tax specialists within our network including AusTrade

  • Yearly tax planning

Wealth & Lifestyle Management

  • Budgeting consultation session - detailed report provided

  • Health check on your finances including superannuation

  • Review of personal insurance and if required, recommendations on further personal

  • coverage

  • Personal financial goal setting

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Raise The Roof

$1500 /month + GST**

The ‘Raise the Roof’  package is more established artists making their mark on the industry.
This package is best suited for artists with annual turnover between $300,000-$1,000,000.
Below is a list of the core services the ‘Rising Star Package provides’

Business Management Services

  • Set-up or review accounting software

  • Cashflow forecasting

  • Bookkeeping – Reconciliation of bank feeds

  • Monthly business reporting

  • Tour budget and reporting

  • Payroll Services

  • Management commission calculations

  • Royalty tracking and preparation (quoted separately depending on work involved)

Tax and Compliance Services

  • Preparation of the annual Financial Statements for one entity

  • Preparation and lodgment of annual Income Tax Returns for up to four individuals

  • Review and lodgment of monthly or quarterly activity statements for one entity

  • The preparation and lodgment of annual ASIC Company Annual Reviews and minutes for one company

  • Review and advice of non-resident taxation obligations

  • Review and referral to international tax specialists within our network including AusTrade

  • Yearly and end of year Tax Planning

  • Business and operations advice

Wealth & Lifestyle Management

  • Goals and objectives setting - short, medium, and long term

  • Attending your annual tax planning meetings

  • Budgeting - in-depth review and advice on improvements

  • In-depth review and advice on superannuation and investments you hold or should hold

  • Review of personal insurance to ensure coverage for you and your loved ones

  • Estate Planning

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Take On The World

$2550 /month + GST**

The ‘Take on the World’ package is for established artists who have taken the industry by storm and are looking to continue their success domestically and internationally. This package is best suited for artists with an annual turnover of greater than $1,000,000. Below is a list of the core services the ‘Take on the World Package provides’.

Business Management Services

  • Review accounting software

  • Cashflow forecasting

  • Bookkeeping – Reconciliation of bank feeds

  • Tour budget and reporting

  • Payroll Services

  • Management commission calculations

  • Royalty tracking and preparation (quoted separately depending on work involved)

Tax and Compliance Services

  • Preparation of the annual Financial Statements – 1 entity

  • Preparation and lodgment of annual Income Tax Returns – 4 bandmates

  • Review and lodgment of monthly or quarterly activity statements 1 entity

  • The preparation and lodgment of annual ASIC Company Annual Reviews and minutes – 1 entity

  • Review and advice of non-resident taxation obligations

  • Half yearly Tax Planning

  • Business and operations advice

Wealth & Lifestyle Management

  • Personal CFO - Attending your Tax Planning meetings, project managing your financial affairs

  • Goals and objectives setting - short, medium and long term

  • Budgeting - Comprehensive review, working to ensure cashflows are working towards goals and objectives

  • Comprehensive advice and review of superannuation and investments required to meet goals and objectives to maximise wealth

  • Review of personal insurance to ensure coverage for you and your loved ones

  • Estate Planning

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