According to a recent survey of 500 musicians and bands by Pirate (pirate.com) 40% of artists are paying too much tax.
Money spent which is a legal claimable as an expense is simply not being declared. This is because they do not understand tax law.
Only 30% of artists have professional help from a bookkeeper or accountant in preparing their tax returns. 26% of artists surveyed said that they worry about money on a daily basis.
If you’re not sure about UK tax law I can help you Services Overview – www.barnowl-bookkeeping.co.uk
PIRATE.COM – Studios for musicians, podcasters & dancers
Barnowl Bookkeeping are based near King’s Lynn in Norfolk within easy reach of Wisbech, Downham Market and Swaffham. We take pride in keeping your business compliant and prevent you from paying too much tax.