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https://www.artbusinessinfo.com/uk-tax-tips-artists.html
NEW! Hobby Income Tax Allowance (UK) for artists without a business You must tell HMRC if you have: - gross trading income over £1,000 - register for Self Assessment - other gross income over £1,000 up to £2,500 - contact HMRC - other income over …
https://www.xamou-art.com/art-and-tax-in-the-uk-and-denmark/
Art and Value Added Tax. Buying and selling art in the UK is subject to standard rate VAT both when you sell on or claim back. Much art is however sold without VAT, either because the person selling it is a private person excempt from charging VAT or for …
https://uk-taxreturn.co.uk/index.php/tax-guide-for-self-employed-artist/
Last year, the penalty rules changed. Previously, if the tax you had to pay on 31 January was less than £100, then your penalty would be reduced to whatever was owed. But this has been scrapped and the £100 penalty is now fixed and automatic. Paying any tax due. Any tax you owe must be paid by or on the 31 January following the end of the tax ...
https://www.artbusinessinfo.com/tax-tips-for-artists.html
Dec 01, 2012 · Tax on art awards and prize money - in the UK, Ireland, Germany and the USA UK: Tax for Artists - including links to formal advice from HM Revenue & Customs in the UK VAT for Artists - re.
https://goselfemployed.co/tax-advice-for-freelance-make-up-artists/
Sep 19, 2017 · A tax year runs from 6 April to 5 April each year. If you earn more than £1,000 you must register by 5th October in the second tax year of being a make-up artist. So if you became a Freelance Make Up Artist on 1 April 2019 then you would need to register as self-employed by 5th October 2019. How to Register as a Freelance Make-Up Artist
https://www.artspace.com/magazine/art_101/guide/how-to-do-your-taxes-as-an-artist-55314
Mar 16, 2018 · We asked a specialist at TurboTax how one would go about filing taxes as an "independent working artist," and here's what they had to say: "If you are an independent working artist, you are considered to be in business as a sole proprietor. The sale would be reported as General Income in your business income unless the gallery gave you a 1099-MISC.
https://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/artists_exemption_from_income_tax.html
Mar 30, 2019 · Section 195 of the Taxes Consolidation Act, 1997 allows the Revenue Commissioners to determine that certain artistic works are original and creative works generally recognised as having cultural or artistic merit. Earnings from these works are exempt from income tax from the year in which the claim is made.
https://www.artworkarchive.com/blog/a-short-guide-to-doing-your-taxes-as-an-artist
When it comes to deciding if you need to file taxes as an artist, the IRS draws the line between whether you define your practice as a "hobby," or a "business." Quite simply, your art practice is defined as a business if you have the intention to sell your work regularly for profit and a hobby is done without financial incentive.
https://www.sapling.com/5758646/file-taxes-artist
You're required to report income from all sources on your tax return, including income from sale of your artwork. You can write off the costs you incur to create your art and run your art business as tax deductions. The amount you can deduct and the forms you fill out depend on the nature of your art activities. Hobby or a Business?
https://ttlc.intuit.com/community/taxes/discussion/filing-taxes-on-artist-commissions/00/694662
Jun 06, 2019 · I am a young artist (self-employed) who is nearing $400 in earnings (when I would have to file for taxes), and I have absolutely no idea where to start in reporting my earnings for the next year. I've read and read on the IRS site, but none of it makes sense. I want to know what forms to file and how to file them. All of my earnings are on the PayPal website. </p>
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