The first part of this
workshop will investigate the different ways to set up an art
business (sole trader, partnership, limited company, etc.) and
the advantages and disadvantages of each. Artists face some
unique tax situations. Through the use of clear examples,
students will explore income tax reporting, deciding if it is
a hobby or a business; determining employee or independent
contractor status; business, expenses, depreciation and other
deductions. In addition, participants will investigate which
tax forms to use and how to report their income and
deductions. No prerequisite.
Tutor Biography
Gaby Smyth is a partner of Gaby Smyth & Co.,
Chartered Accountants, a firm practising in Ballsbridge, and
specialising in accounting and tax for the music, film, theatre
and visual arts. The firm advises over two hundred
clients, and has developed a strong working
relationship with both industry and public bodies in
promoting the arts. Gaby is also Head of Finance
for the U2 group of companies.
Course details
Length: 1 day
Morning session - Forms of doing business
Afternoon session - Taxes for artists
Saturday 27th February 2010 Fee: €65
Bring a Friend Scheme
** Special Offer**
Anyone who books a place on a course we will offer a 25% discount if they refer a friend. Refer four friends who book and you can come along for free.