Theatre plans to stage free tax advice session for artists

advice
Janice Webster

As part of Derby Theatre Big House, the Theatre will host a free tax return advice session for artists in the run-up to the self-assessment deadline.

The session will help self-employed arts professionals tackle the onerous task of completing their tax returns in time for the end of the month deadline.

The event on Saturday 13th January is part of Derby Theatre Big House – a business support programme which provides a wide range of targeted business support for performing arts professionals and companies in the D2N2 Local Enterprise Partnership area, which covers all of Derbyshire and Nottinghamshire.

The session will be hosted by Rowlands Webster Tax Advisors & Accountants which specialises in helping small businesses with bookkeeping, accounting, and tax services. It will take place from 10am-5pm in the Alan Bates Room at Derby Theatre.

Sarah Brigham, artistic director and chief executive at Derby Theatre, said: “Running a business is not easy. Preparing for income tax return involves a number of particular considerations for arts professionals and can be difficult to get right. As part of our Derby Theatre Big House targeted business support programme, we’re offering free expert advice to artists who are looking to make sense of their tax returns.”

Accountant Janice Webster at Rowlands Webster, said: “The tax return sit-in is designed to be practical, informative and engaging. Self-employed artists live and breathe their work so it’s often hard for them to know the difference between what they can claim for work purposes and what is for personal use. During the session, we will go through the tax return forms step-by-step with the artists so that they can look confidently on the New Year knowing when and how they can claim.

“For example, ballet shoes for a performance can be a claimable expense, but trainers worn in rehearsals may have a dual purpose. This is where we can help. I would urge all eligible artists in the region who are unsure about how to fill in their tax return forms to attend this event.”

Derby Theatre Big House is part of The Big House which is part-funded by the ERDF (European Regional Development Fund).

Those eligible to attend are small to medium sized enterprises (SMEs) with less than 250 employees or entrepreneurs eager to set up, in Derbyshire and Nottinghamshire. They also need to be registered with HMRC or Companies House and trading or ready to trade.

Anyone wishing to attend this free event on Saturday 13 January should visit the Derby Theatre website to book a place at: https://www.derbytheatre.co.uk/artist-tax-return-sit-0