The excerpt below was the lament of the Kinks in the 1966 hit, ‘Sunny Afternoon’. But don’t let it happen to you! “The taxman’s taken all my dough…” A quick guide to expenses for musicians The excerpt above was the
Kim Watson has been a sound engineer for the past 20 years, working with artists such as The Subways, Shane Filan, Blondie, and Emeli Sande. She’s travelled all over Europe, South Africa, Ukraine, Georgia and Russia… Some sound advice… A
People in the film industry need to consider carefully whether or not it’s worth registering for VAT. For some, this isn’t an issue: if you’re self-employed and your taxable turnover is over £85,000 during a 12-month period, you must register.
In a well-publicised case, actor Robert Glenister recently found himself at the end of a lengthy battle with the taxman. In March, after nine years of legal wrangling, an Appeal court upheld a tax tribunal ruling and Robert lost the
Income tax can be a complex subject at the best of times. But how does it apply to new professions that haven’t existed before? Vlogging: are you paying the right tax on your income and gifts? Putting YouTube vloggers in
The British screen industries have enjoyed a golden period in recent years, with film production expenditure alone reaching a record high of £1.5 billion in 2017. When the TV and gaming industries are included, spend rose to nearly £6.2 billion.
Is clothing a deductible expense for actors? “In this world, nothing can be said to be certain, except death and taxes” – Benjamin Franklin. That classic idiom has oft been repeated, but I’m starting to think that it’s incorrect. Because
Dostoyevsky might not have had taxation on his mind when he wrote his classic novel (although who knows?) but the title is an apt reminder that at this time of year you could be facing large penalties for not paying
Last year was one of the most fruitful for me as an actor. I toured in a small Shakespeare for schools production and did a few other paid projects in London. I also worked on and off for a catering
In his Autumn Budget, Chancellor Philip Hammond said that the recent (seemingly endless) period of austerity is drawing to a close and that the measures he will be introducing herald a brighter future. Hmm. The jury’s out at the moment , with