Retainer vs Project Work Volatility
Mix of retainers (predictable) and crisis work (unpredictable). Revenues spike during crisis periods then drop. Cash flow planning is impossible.
Chartered accountants specialising in communications & pr agencies. We understand your business model, cash flow patterns, and growth trajectory.
Communications & PR Agencies have unique accounting challenges. Unlike generalist accountants, we understand your business model, your cash flow patterns, and your growth trajectory.
The same three or four things, in different shapes. Sound familiar?
Mix of retainers (predictable) and crisis work (unpredictable). Revenues spike during crisis periods then drop. Cash flow planning is impossible.
You manage media buying on behalf of clients. Is that revenue? Cost? How do you account for it? VAT treatment?
Use freelance journalists, designers, media buyers for client work. Managing invoices and tax compliance is complex.
The retainer covers the day-to-day. Strategic stuff sits on top — flagged in your monthly review, scoped before any work begins.
Separate recurring retainer revenue from project/crisis work. Forecast base revenue and identify spikes.
Properly account for media buying you manage on client behalf. Correct VAT treatment and accounting classification.
Invoicing, payments, IR35 compliance for freelance journalists, designers, and media specialists.
Monthly P&L per client. See which are profitable retainers and which are project losses.
Media monitoring tools, PR software, press release services, research tools. All deductible.
Forecast base retainer revenue and model crisis work impact on cash flow.
Remote-first, but with dedicated city pages where the agency density is high enough that local knowledge pays off.
Most agencies ask the same things on the first call. Here are the short answers — happy to go deeper on any of them.
Track retainer and crisis work profitability.
Plan tax-efficient extraction.
Sole trader or limited company for your UK agency? Side-by-side tax comparison, worked examples at £40k, £60k, and £100k profit, plus the exact point where incorporation saves you money. ACCA-backed guide.
5 ways to take money out of a limited company: salary, dividends, pension, expenses, director's loan. Tax-efficient extraction strategies for UK directors. Free calculator included.
12 tax-saving moves UK business owners must make before 5 April 2026. Pension carry forward, dividend timing, ISA, CGT and more. Use it or lose it.
Get a free 15 minute call with an accountant who actually understands communications & pr agencies. No jargon, no surprises. We onboard a limited number of new clients each quarter to keep the work tight.