This 20% will be taken out of your gross earnings i.e. literally what you take in however minus sure specified expenses. For example if you obtain an advance of £100,000 to record an album and £20,000 of that is budgeted for the album costs then the manager would not take commission on this, the manager would only take fee on the remaining £80,000. In most contracts there will be a separate calculation for fee taken from reside work. Turning to…