The Money and Tax section provides advice and information about:

• How to Price Your Art ​- various aspects of pricing art
• Payments to Artists including How to Create an Invoice
• How to work out profit from an art sale
• Insurance for Art and Artists - including policies for UK, USA and Insurance for Teachers
• Artists' Grants, ​Scholarships and Residencies
• Tax Tips for Artists - including in the UK, USA, Ireland and Australia
• VAT for Artists 
• Retirement & Pensions for Artists
• The Art Legacy - Estate Planning for Artists & Art Collectors

I do NOT provide professional advice - see below

Numbers for Artists

A lot of artists I know are not too happy with numbers or managing their money. It's enough to make you wonder if creativity and counting don't really go together

By way of contrast a number of very successful artists I know are well organised and on top of their numbers - and their taxes, their insurance, their pension and their legacy! Sometimes with the help of professionals and sometimes due to the dedication of the artist and/or their partners and family to learn more about how best to deal with the numbers side of art.

The purpose of this section is to

• try and help artists improve their awareness of information available online and how to access it.
• provide summaries of expert advice.

What this site does NOT do....

The information on this site can be found elsewhere online. I've just pulled it all together so people can find it!
​Any advice provided comes with no liability

This site does NOT provide:

• Definitive answers on matters relating to legislation and regulation on money matters and tax records for where you live. 
• "Professional advice" available from somebody with an accountancy or tax qualification, membership of a relevant professional institute and CURRENT expertise of accountancy requirements or tax affairs anywhere in the world. ​

I RECOMMEND you pay a properly accredited professional for accountancy or tax advice IF:

• your monetary or tax affairs are complicated 
• you have a specific query which you can't find an answer to from official information that is available online.

I have no liability to you because although I was a qualified accountant I have now retired. ​I am no longer a member of my professional institute. Consequently I no longer have any obligation to remain up to date with relevant legislation and standards etc. - and you are NOT a client.

The Moneychanger and his wife by Marinus van Reymerswaele (Source: Wikimedia Commons) Location: Museo del Prado

---

HOME

• SITE INDEX​

ADVERT