Smarter accounting

Tax and Accounting for Musicians: Get It Right and Save Money!

28 November 2018, Creative Industries, Musicians, Sole Traders

Free Tax and Accounting for Musicians’ Union members

Members of the Musicians Union are invited to a free seminar – Tax and Accounting for Musicians in Glasgow on 11th December 2018 and Belfast on 12th December 2018.

Topics covered in the seminar

The Tax and accounting for musicians seminar will cover the items below in straightforward language.  The plan is for you to learn how to do your own accounts, get it right and save money on accountancy fees!

    • Setting yourself up as a Limited Company / Partnership / Sole Trader
    • Improving your cash flow
    • Allowable Expenses
    • Keeping good records
    • VAT – should you register?
    • Employment status
    • Tax investigations and penalties

How to book

Email the Musicians’ Union on glasgow@theMU.org – don’t forget to state which event you want to attend (Glasgow or Belfast).

 

Resources for MU Members

The Musicians’ Union produces an annual handbook for members.  Before you pay a penny to an accountant you should open up your copy of the handbook and turn to the Tax Savings Guide.  This section has lots of useful information about organising your accounts and the expenses you may be able to claim.  The MU also runs seminars from time to time in Scotland (and elsewhere) to provide additional support to members.

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