EP NowStoreAcademySupportCommunityProducts by Country
Blog Home

Spotlight: Sam Collett, UK Production Accounting and Incentives Expert

Meet the Senior Partner at FLB Accountants, an Entertainment Partners company specializing in UK media and entertainment accounting, tax, incentives and finance.
September 19, 2023
Expert Advice_Sam Collett

Production accountants have always been in high demand in the UK film and TV industry, but became even more essential following the production boom of recent years when the difficulty finding skilled crew has resulted in delayed shooting schedules and stretched budgets.

Recognising the need for qualified, experienced production accountants in the UK market, Entertainment Partners recently expanded its global service offerings with the acquisition of FLB Accountants, a UK-based accounting firm with expertise in media and entertainment accounting, tax and tax incentives, finance and production.

Overseeing FLB’s Media Team is Senior Partner Sam Collett, who joined the firm in 2020. Sam supports clients in the media and entertainment sectors with corporate accounting, production and post-production accounting, and UK tax incentive services. He brings a wealth of varied experience to the role, having started his career in corporate financial services before moving into investment management, becoming CFO of a pan-European investment management firm. Having helped to grow the firm from 60 employees to 400 as a board director, Sam eventually moved to a private equity firm that was making investments into film and TV.

Having fallen in love with the media industry (“I love the way people escape into film and TV”), Sam joined FLB and now works with some of the UK’s most successful media financiers and creatives, producers, production companies, distributors, media lawyers and private clients.

"I’m passionate about the film and TV industry," he says, smiling. “It’s a great sector – both in the UK and globally. The demand for content is there regardless of what’s happening in the rest of the world. In the UK, it’s wonderful to see a sector that has really great people and really great studios, and that is home to some of the best content in the world. I’m proud to be a part of that.”

Sam’s less conventional career path into the media industry gives him unique insight into the plethora of companies he now advises. “I know how to navigate businesses with thousands of employees, but I also understand how a small indie production company works,” he says. “I get that they want to make great content but also need to be a viable business.”

With the UK having seen significant inward investment from the US in recent years, Sam is keen to continue to entice producers from across the pond. So, what advice would he offer to those considering the UK as their next filming location?

“In the UK we have a mature, stable tax regime and the payments come quickly, especially compared to other jurisdictions,” he explains. “US producers don’t always realise just how quickly they can access the tax credits and how easy they are to navigate with the right advice.”

“Another thing that surprises producers is that it's actually quite a broad entry point to qualify,” he continues. “Reminding them of some of the content that has been shot in the UK and has qualified – like Game of Thrones and countless Marvel films – proves that a diverse range of content is being shot in the UK, not just UK-centric projects.”

FLB’s specialist approach certainly seems to be resonating with clients: “The clients we work with like the fact that we're not a faceless service; they get to know the team, they build relationships. Many of our client wins are through referrals, so 99% of our new business is through word of mouth. I think that’s amazing!”

So, what makes FLB’s approach so appealing?

“One thing that sets us apart is that we use the best technology to allow the team to spend more time getting to know the clients and work ‘hand in glove’ with them to ensure our approach is tailored to the client” Sam explains.

We’re also not just a one-size-fits-all solution. Clients can use FLB’s accountants to supplement an existing team, or they can use us to meet their full production accounting needs.”

The FLB team has managed finance, tax and accounting for over 300 film and TV productions and currently has over 150 live project financing companies and film and TV production companies in its portfolio. As well as providing production and post-production accounting services on set or remotely, they also provide film and TV tax credit incentive opinions and manage tax claim submissions; work with producers to help finalise budgets and advise on financing; and provide deal close support for independent and multi-party financed projects.

EP’s acquisition of FLB has expanded this breadth of offering even further, making the proposition all the more compelling for both UK and US productions. “Through FLB and EP, we can offer a full end-to-end service. A production can get everything is needs with just one phone call.”

“We can do the tax incentives and support the physical production from the early stages of prep, right the way through to the shoot and post-production with the accounting resources. We can help to ensure the production company is operating in a compliant way in the UK, and that is all underpinned by EP’s payroll services and best-in-class technology for budgeting, onboarding, timesheets and accounting.”

With the core fundamentals taken care of and one trusted point of contact, “it’s one less thing for producers to worry about,” says Sam. “That means they can focus on what they do best – making sure that what ends up on the screen is the highest possible quality.”

Topic: Spotlight

Related Content

Master Series_UK Incentives Panel_Square

What's Changing in UK Production Incentives

Learn about the recent changes to the UK Creative Sector Tax Credits and how they might impact your next...
EP Blog_SQUARE_UK cultural test

Understanding the UK Cultural Test

Find out whether your film or TV show will pass the UK’s Cultural Test, a key step in qualifying for the...
Jane Corden, Managing Director, Australia and New Zealand

Spotlight: Jane Corden, Managing Director, Australia & New Zealand Operations

Meet the Australian production accounting and tax incentives expert who is helping EP invest in the future...
Master Series Thumbnail Square UK Productions

UK Production: Sites, Services and Studios

Learn about UK incentives, infrastructure and production innovation spanning from London to Wales,...

Minnesota Becomes Land of 10,000 Opportunities with New Incentive Launch

Minnesota introduces a new tax incentive program to renew the state’s status as a dynamic location for...
Georgia Incentives Panel_sq

GA Incentives Insider: Your Questions Answered

Brian Shanaghan, Audits Manager at the Georgia Department of Revenue (GA DOR), addresses the industry's...
Film crew on location filming outdoors

Production Incentives Update: September 2023

Insights on recent changes to production incentive programs in D.C., Kentucky, Montana, Ohio and Ontario.
Master Series Australia Offset Square Thumbnail

Discover All About Australia's Location Offset

Australia's Location Offset rebate skyrocketed from 16.5% to 30%! Learn about the requirements and how...

Production Incentives Update: August 2023

Recent changes to production incentive programs across the US and Thailand.

HMRC Answers Key Questions on New UK Audio-Visual Expenditure Credit

UK Creative Sector Department weighs in on the interpretation of some of the new legislation and guidance...
EP Blog_SQUARE_Changes to UK Tax Credit

Preparing for the Upcoming Changes to the UK Creative Sector Tax Credits

Understanding the UK's Audio-Visual Expenditure Credit (AVEC), Video Games Expenditure Credit (VGEC), and...

What Expenditure Qualifies for UK Film Tax Relief?

Find out what constitutes qualifying expenditure under the UK Film Tax Relief.
SQUARE_Step up to Production

EP Partners with PGGB to Deliver Step Up to Production Accountant Programme

Entertainment Partners and PGGB deliver online training programme for new and aspiring production...
Blog_SQUARE_NY Diversity Incentive

New York Takes Steps to Promote Diversity in Film, Television and Commercial Production

New legislation in the empire state aims to require production companies to report diversity hiring data,...
PGGB and Entertainment Partners: Step up to Production Accountant

Entertainment Partners Supports PGGB’s Step Up to Production Accountant Programme

Supporting UK crew transitioning to production accountant roles, Entertainment Partners sponsors the...

10 Myths About the UK Film and TV Tax Credit – And Why They're Not True

The UK film and TV tax credit is one of the most generous in the world. Learn the truth about common...

The Production Accountant’s Guide to Foreign Taxation

Answers to common questions about tax treaties, tax codes and how paying foreign taxes can impact US...
Camera man filming on a snowy mountain in the winter-sq

Production Incentives Update: November 2023

Your guide to recent production incentive changes in Connecticut, Minnesota, New York and Japan.

SXSW Launches in Australia with Premiere of Baz Luhrmann’s ‘Faraway Downs’

Jill Hewitt, production accountant on 'Faraway Downs' attends inaugural SXSW Sydney in support of Luhrmann...

Minnesota: Land of 10,000 Opportunities

Learn about Minnesota's new incentive program, dynamic locations, strategies for boosting crew training...

The Cathy Durant Show: Featuring John Hadity

Cathy interviews guest, John Hadity, EVP of Incentive Operations who oversees the film financing...

Regional Success: Why Small UK Hubs Aren’t Afraid of Big Productions

Learn about the stunning natural scenery, historic architecture and film-friendly incentive schemes that...

Production Incentives Update: October 2023

Learn about recent legislation changes boosting tax incentives in Colorado, Florida, Virginia and ...

Entertainment Partners Makes Commitment to UK Production with Film & TV Partnership Programme

Find out how EP is partnering with the leading UK training organisations to close the skills gap, increase...
Entertainment Partners Logo Thumbnail-square

NFTS and Entertainment Partners (EP) Establish Partnership to Support the Future of Film and Television Production

By supporting the National Film and Television School through this new partnership, Entertainment Partners...

NFTS, Entertainment Partners establish partnership

EP the entertainment payroll and production technology company joins as a prominent new Patron of the...

NFTS and Entertainment Partners (EP) establish partnership

The National Film and Television School (NFTS) announces a new partnership with Entertainment Partners...
UK Right to Work Penalties to Triple in 2024

UK Right to Work Penalties to Triple in 2024

Find out how your production can prepare for the increased penalties for employing a worker who doesn't...
Topic: Legal
EP Blog_SQUARE_Spread of UK Production

Outside of London: How the UK Production Industry Spread Beyond the Capital

Film and TV production outside of London (OOL) is now an integral part of the UK, with world-class media...
Topic: UK
EP Blog_SQUARE_Sustainable UK Studios

The Producer’s Guide to Sustainable UK Studios

Learn how studios across the UK are taking positive steps to reduce their environmental impact.
Topic: UK
Pre-employment Checks to Consider Before Contracting Crew on UK Productions

Pre-employment Checks to Consider Before Contracting Crew on UK Productions

A comprehensive overview of the checks you may like to consider when crewing up on UK productions and what...
Topic: Legal

New BTL Training Program Launches in New Zealand and Australia

Entertainment Partners powered by Moneypenny is set to provide much-needed below the line training...

Production Incentives Update: July 2023

Lights, Camera, Incentives! Exploring the recent changes to Film Incentive Programs across the world.
Master Series US Incentives 2023 Square Thumbnail

US Film Incentives Changing in 2023

Learn about incentive changes in NY, NM, LA and more, and how Entertainment Partners can help your...

What Does UK Government’s Creative Industries Sector Vision Mean for Film & TV?

Find out what the UK government’s new Creative Industries Sector Vision means for film and TV...
EP Blog_SQUARE_UK Virtual Production Space

The Producer's Guide to Virtual Production Space in the UK

A comprehensive overview of virtual production studios which are available to film and TV productions...
Topic: UK

Expanding Opportunities Through Training and Capacity Building

Location Offset eligibility requirement for a commitment to training and capacity building remains...

Welsh Film & TV Industry Goes from Strength to Strength as Key Partners Pledge Support

Bad Wolf’s Jane Tranter and other women working in Welsh film and TV recently attended a networking event...
EP legal and compliance: Proposed changes to IR35 for productions

Proposed Changes to IR35 Rules: What They Mean for Productions

Proposed changes to the UK IR35 rules could end the double-tax headache that has plagued both production...
Topic: Legal

Hundreds Sign Up as Background Actors at Liverpool Registration Day

Entertainment Partners holds open registration day to encourage aspiring film and TV background actors to...

Entertainment Partners Offers Free Accounting & Payroll Courses During WGA Strike

Entertainment Partners, the global payroll and production finance firm, is offering its entire lineup of...
MS_The Future of Background Casting_Square

The Future of Casting Technology

Learn how the EP Casting Portal can help you streamline casting operations and simplify working with...

10 Notable UK Studios for Your Next Production 

Headed to the UK for your next film? Check out this list of notable filming locations ranging from...

3 Common Pitfalls to Avoid When Performing Right to Work Checks

Make sure you’re following the UK right to work rules when contracting and paying film and TV production...
Topic: Legal
Advance your career with EP Academy_sq

Advance Your Production Career with the EP Academy

From production accounting basics to technology certifications, EP’s online courses offer one-of-a-kind...
Screen Alliance Wales

Entertainment Partners Announced as Official Sponsor of Screen Alliance Wales

EP sponsors Screen Alliance Wales, a leading not-for-profit which grows and promotes the talent, crew and...
Master Series_Square_Tax Considerations Abroad

Tax Considerations for US Productions Working Abroad

Paying US crew filming outside of the US is complex. Our experts will show you how to navigate the...
Katie Weekes, Managing Director of Global Casting at Entertainment Partners (EP)

Spotlight: Katie Weekes, Managing Director of Global Casting

Meet Entertainment Partners’ Managing Director of Global Casting

ScreenSkills Launches Movie Magic Training Programme for UK HETV Professionals

Entertainment Partners supports ScreenSkills’ training programme to upskill UK HETV professionals on Movie...

Payroll & Finances

PayrollResidualsSmartStartSmartTimeProduction PortalEP On LocationSmartAccountingEP LiveSmartPOCASHétPayPaymaster Rate GuideEP Residency

Manage Multiple Productions

Subscribe now

Be an industry insider with EP's
newsletters and alerts

LegalPrivacy NoticeSecurity
© 2023 Entertainment Partners. All rights reserved.