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We are currently offering remote tax appointments during our off season, conducted through Zoom or phone. Please contact us at [email protected] for general inquiries or to book an appointment. Please note that we begin booking for 2020 tax year appointments on January 15th 2021.. Consult the Government of Canada’s website for further updates on all COVID-19 related economic support:
https://quickbooks.intuit.com/ca/resources/taxes/considerations-artists-performers/
Mar 01, 2019 · Self-employed artists and performers are also subject to the goods and services tax (GST) or harmonized sales tax (HST). If you make taxable supplies of your services of more than $30,000 annually, you probably need to register for, collect, and …Author: Quickbooks Canada Team
https://turbotax.intuit.ca/tips/tax-tip-defining-a-working-artist-200
Dec 09, 2020 · The Canada Revenue Agency considers you a working artist if you meet certain criteria. These include if you composed a dramatical, musical or literary work, or performed as an actor, dancer, singer or musician in a musical or dramatical production. You are also eligible if you performed an artistic activity as a member of a
https://www.sterncohen.com/tax-deductions-for-performing-artists/
As an employed artist, Canada Revenue Agency allows you to deduct an additional amount for other employment expenses, but this amount is severely limited. The amount you can claim is limited to the lesser of: $1,000; and. 20% of your employment income from artistic activities;
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-229-other-employment-expenses/employed-artists.html
created a painting, print, etching, drawing, sculpture, or similar work of art. For income tax purposes, it is not an artistic activity when you reproduce these items; These expenses include any GST and provincial sales tax (PST), or HST, you paid. You may be able to get a rebate of the GST/HST you paid. For more information, see GST/HST Rebate.
https://mileiq.com/en-ca/blog/tax-tips-canadian-musicians/
(Artists may not claim the capital cost allowance if their employer refunds them or offers to refund them for the expenses and the artist refuses) The artist’s employer did not pay or offer to pay a non-taxable allowance for motor vehicle expenses; Record of Form T220 filled out and signed by the artist…
https://agtax.ca/tax-deductions-other-details-that-artists-in-canada-should-know/
Jul 08, 2015 · Deduction for paid GST/HST: An artist may deduct any GST/HST or provincial sales tax (PST) they pay on certain expenses incurred while performing employment duties, provided these expenses are deducted from employment income. The rebate received should be reported as part of the taxable income for the particular tax year, and if any GST/HST or PST rebate is received for vehicles …
https://www.harmonytaxservices.com/
Tammi Hensch is a classically trained musician and experienced bookkeeper. Recognizing that money matters are often the last thing on a creative person’s mind, she launched Harmony Tax Services in 2006, offering tax services and bookkeeping to Toronto’s musicians, artists and actors.
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