Useful advice to follow
Ensure you get fair reward for your musical efforts and do not leave things to chance.
Invoice your engager promptly and professionally and prevent those who owe you money from taking advantage of your goodwill. You are in a business and will not survive if you cannot collect debts promptly.
Unscrupulous agents, managers and engagers benefit from those who fail to handle such issues.
Do not permit your feelings of financial or legal inexperience to leave you out of pocket and disheartened. Others’ cash flow problems are exactly that and should not become yours!
If you are not paid as required, then the Union’s legal services are designed to assist you.
Invoices should include
- Your details — Business name (plus a logo, if you have one); business address and postcode; phone and fax number plus email address and who to contact with any queries.
- The invoice details — Date of invoice (your own). Invoice number (your own).
- Engager’s details — Name and address.
- Financial information — Description of the services provided, including date, times and venue.
- VAT due and VAT number — If you are VAT registered.
- Total due
- Any relevant additional information
- Cheques to be made payable to — Your bank account name.
- Terms of business — The following text effectively sets out your terms of payment: ‘Strictly 30 days net. I/we reserve the right to claim statutory interest at 8% above the Bank of England base rate at the date the debt becomes overdue, in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.’
Late Payment of Commercial Debts
MU members can obtain a pamphlet regarding the Late Payment of Commercial Debts (Interest) Act 1998 from their Regional Office. Under this Act, you may be able to claim statutory interest on, and also possibly compensation for, late payment.
A more detailed publication, User’s Guide To The Late Payment Legislation, is available from DTI Publications on 0870 1502 500 or can be downloaded from Pay on Time.
Ask Us First
Ask Us First is a list of names of individuals, companies and businesses published in MU communications for the information and guidance of the Union’s members. It is in the interest of MU members to read the list carefully.
Members are advised that offers of engagement by or on behalf of companies and businesses on the list should be referred to the relevant MU Office before acceptance.
Please note: a number of artist promotion companies have been known to approach MU members (in some cases wrongly claiming they’ve been given members’ details by the Union) to sign them up, usually demanding an upfront registration fee.
Members are advised to view any company or business that requires an upfront payment with a large dose of scepticism and to consult the Union before signing any agreements or parting with any money.