Artists can receive money from many different sources, e.g. grants, awards and bursaries, as well as earnings from freelance or other employment.

For tax purposes it is important to understand when such monies will be treated as income and therefore subject to income tax.

Riding the D-Train (part 2)

A perennial problem has arisen, partly because inspectors generally regard part-time teaching as a contract of service, taxable under Schedule E. Part-time Teaching: Problems and Solutions A perennial …

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Gift Aid: an Arts Boon?

October 1 1990 saw the start of the scheme known as Gift Aid which was announced by the Chancellor the previous March. The simplicity of the scheme and its benefits have yet to be taken advantage of b …

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The Tax Man Cometh

Reading last month’s Page Two (Art Monthly No.74) contribution by Jennifer Oille, reporting the apparently unfair and inequitable treatment of artists under Canadian tax laws, stimulated some comparis …

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Riding the D-Train (part 1)

Because of the unique nature of every practitioner’s financial circumstances, it has seemed impossible over the past nine years to address, in a meaningful way in this column, one vital issue. My fail …

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A Tax on Art Schools

Art education has undergone radical changes in recent years not just in the content of courses but also in the funding and administration of the colleges themselves. In fact, few art schools exist as …

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Oh! My Precious

One fine day composer John Casken arose to discover that he had won the first Britten Award for composition worth £10,000. He won the money for Golem, a work for eight singers accompanied by 11 instru …

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Taxation of Prizes and Grants

Booker, Whitbread, Turner, John Moores – are the winners of those prizes liable to pay income tax? What about other minor awards and prizes given by public and private donors? What about competitions, …

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‘One for you, nineteen for me’

George Harrison's pre-decimalisation crie de coeur is everyone's concern, particularly at this time of the year and especially in the arts when organisations and individuals are busy making up …

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