Saving Professional Dancers Money For Over 10 Years
OUR EXPERT CREATIVE INDUSTRY TAX KNOWLEDGE CANNOT BE BEATEN.
Dancers are unique when it comes to the world of taxes. We specialize in the dance profession, providing advice on the special tax rules that apply to individual dancers, groups of performers and companies.
With over 10 years of experience working with thousands of Dancers, we are truly expert in your field. We offer friendly, easy to understand advice and support that cannot be beaten.
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Dancers Expenses And Deductions
One of the first steps that we will take when looking at your accounts is ensuring that you are claiming absolutely every expense you are eligible to as a dancers.
Dancers HAVE A NUMBER OF TAX DEDUCTIONS THAT ARE UNIQUE TO ANY OTHER INDUSTRY.
Below we have put together a list of some of the expense you are entitled to as a dancers.
Clothing can be an extremely useful expense to claim on your tax return. As an dancer you almost definitely spend some of your income on work-related clothing, whether it be clothing for auditions, shoots or rehearsals.
Clothing is definitely one of the more obvious expenses to claim. However for a smooth and painless tax-filing season every year, it is vital that you are aware of your entitlements when claiming this expense. Many dancers are subject to penalties and hold-backs due to overclaiming.
WHY A DANCERS TAX IS NEVER STRAIGHT FORWARD
As a dancer, there are many facets to your income and expenditure, which differ incredibly from those of, say, a plumber or even a writer. This means filing tax returns for dancers can be a laborious process.
'WHOLLY AND EXCLUSIVELY'
Legally, taxes claimed must be 'wholly and exclusively' for the purpose of work. However, the HMRC view dancers expenses as a very 'grey' area. For example, many of dancers expenses will be part-work, part-personal related and therefore will need to be apportioned.
Ultimately, as with many other creative professionals, everything a dancer does can be related to their work. You have to know what is going on in the world of dance and television and must subscribe to magazines, attend social gatherings, network events and not to mention trips to dance showings. However, as with all matters tax, dancers need to tread carefully when filing a tax return.
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