Who we help Studios

Studio accountants
who understand
project income.

For design, architecture, music, video and games studios. We help cost every project, keep cash steady between stage payments, and make sure you claim the reliefs you’re due.

Book a discovery call

30 mins. No pitch.

A creative team at work in a studio, with concept sketches on the walls and one designer wearing a VR headset

The numbers that matter in a studio.

01Project margin.What each project earned after freelancers, team time and other costs.
02Cash between stages.How the next few months look when clients pay in stages, not monthly.
03Kit and capital allowances.What buying equipment, software and studio kit means for your tax.
04Creative tax reliefs.VGEC for games, AVEC for animation, and R&D where the work qualifies, with your claim prepared.
05Platform and royalty income.Royalties, licensing and platform payouts, from music to app stores, matched and converted. Read the DevEx guide →

How we help, at every stage of your studio.

Compliance

From £105 /mo + VAT

Three levels: Lite, Oversight and Managed

From year-end accounts and corporation tax to bookkeeping, VAT and payroll, with every project costed properly.

Explore Compliance

Growth

From £1,250 /mo + VAT

Control: a financial controller running your numbers in-month. Add Command: a fractional CFO and ops support when you need it.

Explore Growth

Exit

From £750 + VAT

Start with a valuation today. Then add a road map to grow it before you sell, and a managed data room when a buyer is at the table.

Explore Exit

Packages are monthly rolling.

“CORNEL consistently provide sound advice, valuable insight, and dependable support whenever needed.”
Jeremy McDonaldFounder @ We Are Pioneers

Recent thinking

Insights for studios.

All insights →
TaxB2B Place of Supply Rules: When to Charge UK VATTaxfor freelancersIR35 Explained for Freelancers: What It Is and How It WorksExitPlan Your EXIT RouteTaxfor studiosRoblox DevEx Payouts and UK VAT

Studio questions.

Do you only work with games studios?

No. We work with design, architecture, music, video and games studios, whether you run client projects, release your own work, or both.

Do you make VGEC claims?

Yes. We prepare Video Games Expenditure Credit claims, and keep your books so development costs are ready for one.

How do we know if it’s VGEC or R&D?

Tell us about the project and we’ll advise which relief applies. If it’s R&D, we can prepare that claim too, as a Growth project, priced per project + VAT.

Is VAT due on DevEx payouts?

Usually not. Services supplied to an overseas business are generally outside the scope of UK VAT, though they still go on your VAT return. Our guide explains the detail.

Do you work with Xero?

Yes. We work mainly in Xero and FreeAgent, and can usually work with the tools you already use.

Can you help if we expand into the US?

Yes. Through our US partner firm, your US company set-up, tax filings and bookkeeping are handled there, while we look after the UK side, including the charges between your two companies.

Let’s sort your studio’s numbers.

Book a discovery call30 mins. No pitch.