C C Young

CC Young is a leading firm of Chartered Accountants and Registered Auditors specialising in serving the music, film, and entertainment industries. Established in 1998, we pride ourselves on offering comprehensive financial services tailored to the unique needs of creatives and businesses within these sectors.

Our Passion

A core element of our philosophy revolves around a deep-seated passion for the music, film, and entertainment industry. We understand the challenges artists, creators, and businesses face in this dynamic landscape and are committed to providing tailored solutions that empower them to thrive.

Our Values

Our work is underpinned by four fundamental values:

• Integrity: We approach our work with transparency, honesty, and a strong sense of ethics.
• Accuracy: We ensure meticulous record-keeping, transparent reporting, and reliable financial information.
• Clarity: We present financial information in a clear and concise manner, ensuring easy understanding for our clients.
• Technical Excellence & Due Care: We maintain a high level of expertise and adhere to rigorous industry standards.

1. Royalties & Audit

• Advisory on securing royalty collection from performance rights organizations (PRS and PPL)
• Periodic audits of record labels and publishers to ensure accurate royalty payments
• Mitigation of withholding tax at source

2. Touring & Business Management

• Budget preparation and management
• Tax mitigation strategies for touring activities
• Business Accounting and Reporting
• Variance analysis and reporting
• Comprehensive tour accounting

3. Business Services

• Business structure selection and implementation
• Financial planning and analysis
• Tax compliance and reporting
• Corporate finance guidance

4. Writing & Recording

• Advisory on optimal business structures for safeguarding copyright and maximizing tax efficiency
• Assistance with PRS and PPL membership and royalty registration
• Periodic desktop audits of royalties received by artists and writers

5. Bands on Tour

• Comprehensive budget preparation and management
• Mitigation of withholding tax at the contractual front end
• Business management services during the tour
• Tour accounting and variance analysis
• Utilization of tax withholdings at the back end