People in the entertainment industry are often very creative. They don’t necessarily spend their time thinking about boring things like tax. ‘Merry Christmas Everybody!’ – or is it? Taking the terror out of tax People in the entertainment industry are
The Beatle’s song, ‘Taxman’, might suggest that they were paying 95% tax but fortunately, I don’t think you’ll need to worry about that! “There’s one for you, nineteen for me, ‘cos I’m the taxman” Developing a habit of putting money
Many people working in showbusiness are self-employed. However, there are occasions when it might make more sense to form a limited company. “Take it to the limit”? The pros and cons of forming a limited company Many people working in
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