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Art Business Info: NEWS

​about art for artists

UK: Making Tax Digital - update (July 2020)

24/7/2020

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IF - in addition to employment income you earn - you earn (or aim to earn) more than £10,000 per annum from your self-employment you need to be aware that "Making Tax Digital" (MTD) is becoming MANDATORY for
  • all unincorporated businesses (that includes sole traders) and
  • landlords
  • with TOTAL business or property income above £10,000 per year
  • as from April 2023.
Basically this means any artist or art organisation that aims to earn a living or significant income - 0f £10k p.a. or more - other than from being employed by others will need to comply with the requirements of MTD.  

DO NOT DELAY checking out what this means!!

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What you need to know

Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs.

​HMRC’s ambition is to become one of the most digitally advanced tax administrations in the world. Making Tax Digital is making fundamental changes to the way the tax system works – transforming tax administration so that it is:
  • - more effective
  • - more efficient
  • - easier for taxpayers to get their tax right
  • Overview of Making Tax Digital (update July 2020)
The extension of scope of Making Tax Digital relevant to other groups was originally deferred after representations following initial announcement of HMRC's intentions - to make sure the system worked before it was rolled out to smaller businesses.

KEY POINTS AND TIMELINES as at July 2020
​as per the Overview of Making Tax Digital.
​

Key points are: 
  • Making Tax Digital (MTD) is already mandatory for all VAT-registered businesses with a taxable turnover above the VAT threshold (£85,000) have been required to follow the Making Tax Digital rules since April 2019 by
    • keeping their records digitally (for VAT purposes only)
    • provide their VAT return information to HMRC through Making Tax Digital compatible software
    • i.e. If you’re a VAT registered business with a taxable turnover above £85,000 you should be keeping digital records NOW.
    • HMRC have published a VAT Notice which explains the rules for Making Tax Digital for VAT and about the digital information that must be kept.
    • see also Keep digital records for Making Tax Digital for VAT
  • MTD for VAT became mandatory from 1 October 2019 for businesses that fall into any of the following categories:
    • trusts;
    • not for profit organisations that are not set up as a company;
    • VAT divisions;
    • VAT groups;
    • public sector entities required to provide additional information on their VAT return (such as Government departments and NHS Trusts)
    • local authorities;
    • public corporations;
    • traders based overseas;
    • those required to make payments on account; and
    • annual accounting scheme users.
  • From 1 April 2022 all VAT registered businesses MUST follow these rules regardless of turnover.
  • ​From 6 April 2023, Income Tax Self Assessment (ITSA) for all unincorporated businesses and landlords with total business or property income above £10,000 per year - becomes mandatory from their next accounting period starting on or after 6 April 2023.
  • If you are a self-employed business or landlord you can voluntarily use software to keep business records digitally and send Income Tax updates to HMRC instead of filing a Self Assessment tax return.

REFERENCE
Besides references to paperwork in the HMRC website above,
  • Making Tax Digital | Association of Accounting Technicians (who tend to do a lot of tax work) - a useful simple summary 
  • Making Tax Digital | Accounting Web - also have a useful series of articles 
  • Find software for Making Tax Digital for VAT | HMRC
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Art Business in a Coronavirus Pandemic #1

12/4/2020

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I've been writing on Making A Mark about the impact on the coronavirus and COVID-19 on art. Below are links to the different blog posts categorised by type.

I will continue to
  • write about the impact of C)VID-19 on Making A Mark as it has a much bigger subscriber base. 
  • summarise the blog posts on this blog on a regular basis (under the heading Art Business in a Pandemic")
  • ​post relevant information to my Art Business Info for Artists Facebook Page

In addition, I've created a NEW page (in the Practice Section) about Coronavirus / COVID-19 and Art​ which also includes links to my blog posts
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Blog posts about Art and Coronavirus / COVID-19
​

Timeline / Thinking about the Future
​

Coronavirus & Art #2: Thoughts and recommendations on the implications of a pandemic
My updated thoughts about the implications of the CO-VID 19 (coronavirus) PANDEMIC for art, artists, art organisations (galleries / societies / schools etc), art exhibitions and private views, art fairs and art schools in the short and longer term.
  • TIP: This is not over until it's over. I'll be writing much more on this topic. This is because after the coronavirus crisis comes the economic crisis of a cast iron certain recession caused by a drop in economic activity and an awful lot of businesses being able to start up again and hence a rise in unemployment. Demand for art will drop.

NOTE: This has been by far the most popular of the posts by far to date
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Image: CDC/Alissa Eckert, MS; Dan Higgins, MAMS

Financial Support for Artists
​

​COVID-19 and Art #6: Financial support for self-employed artists and freelancers
Announcements about the type of support available to self-employed artists and others with a portfolio of income streams - both employment income and self-employed income. 
  • ​TIP: Only those whose earnings are predominantly from self-employment will be eligible for help.

Read More
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Advice about British Art Exhibitions

3/4/2019

3 Comments

 
There's an excellent Facebook Group for those artists who attend art fairs called "Art Fair Buddies". It's used essentially to provide:
  • practical support to those new to art fairs
  • feedback from those attending art fairs about how effective it was and the level of support received (or not) from the organisers
  • news of new art fairs and the closure or cancellation of others​
This group is a collection of artists who want to share 
information about Art Fairs and the logistics of doing them! 
From hotel info to which ones to do.....and everything in between. We will also invite Art fairs to use this group to promote 'calls to artists'!
It often involves long feedback posts when things do NOT go according to plan - or according to expectations based on representations by the organisers.

What follows is one such post by a chap whose Facebook Page is Mark Brighton Art. It's a good example of:
  • what to do when you feel you've been badly let down by organisers - in terms of failure to deliver what they promised
  • how to write a letter to organisers to request a refund

​The letter BELOW relates to an operation called British Art Exhibitions run by Karl Percival  who purports to be an advertising/promotions specialist.

It's followed by an update from Mark - although Mr Percival has not as yet contacted me.
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Examples of Instagram images used to market the Macclesfield Art Fair - but where were the local flyers and other advertising?

The email
​

It is a bit lengthy but here is a copy of the email I have just sent to Karl from British Art Exhibitions about the show in Macclesfield and my request for a refund. He did say at the show that he would give me a refund - so let's see if he does! Mark Brighton Art
Dear Karl
​
I would like to explain the issues that I had with the recent exhibition in Macclesfield: what my expectations were as opposed to what was delivered.

When I arrived on Friday at around 11.15am, I was fully expecting that display boards would be up and that I could hang my work. I waited for an hour, in which time nothing happened, and then I had to get home. I left detailed instructions with one of the hangers who promised it would be hung for me. If I had known my work wouldn't be hung I could have come back that afternoon and done it myself in time for the preview.

When I arrived at the preview around 5.15pm, I eventually found my art on the floor propped up against a board, as indeed were the works of many of the other artists. I then asked you for a screwdriver and screws and hung it myself. Judging by the state of the room at that point, I didn't believe my work would get hung that evening. This meant that I couldn't use the preview time to network or even talk to fellow artists and visitors. 

As I was working to get my pictures up, the artist next door was getting agitated and complained that I was in the way as she tried to show her guests her work.

I then noticed that even work that was already on display had no artist profile or labels attached. We were later told there was a problem with the printer, so price labels were handwritten and still nobody had an artist profile up. Again, if I had known this I could have brought my own. But we were all told that these would be provided as the exhibition was supposed to have a standard look.

I was also told by you that that there was a website on which my own and other artists' work could be displayed. Having looked at The British Art Exhibitions website, there is no mention of exhibiting artists at all. There also appeared to be very little marketing of the event itself to the general public. I have unsuccessfully tried to access this via Macclesfield Town Hall, your own site and that of British Art Exhibitions. None of them had any publicity or advertising regarding the show, so how was anyone supposed to know it was happening? Besides which, there were no fliers, leaflets or posters visible on the run up to the show. 

I rang you three times with questions regarding drop off and pick up times and I also emailed as you didn't get back to me on any of my phone queries as was promised. 
​
There are obviously basic organisational issues here: a clear, general email explaining the requirements for the artists - drop off and pick up times and what to expect when you get to the venue. Also, it is polite to keep artists in the loop when they do send you information so that they know that you have it all and they have completed the requisite paperwork successfully. And If you offer to hang an artist's work, make sure you do.

Perhaps, in future, it would be better to charge less for people to exhibit, take some commission but actually do some advertising for the general public, rather than aiming all the marketing at the artist and not the buyer. As an exhibiting artist, it felt as if I had paid my money for very little in return, and this is why I would like a refund, as agreed by you, as what was offered was not delivered. I presume you can refund me via Paypal. If you need any more information from me, please do not hesitate to contact me on this email address.

Many thanks for your help in this matter.
For the record Karl's response was to offer a refund and free exhibiting at other art fairs. 

​However Mark has not yet received his refund.... (I'm happy to update this when he has).

UPDATE: The response - and a FULL refund for Mark
​

The following was communicated to me via the Facebook group.  It's very good to see that Mark Brighton got a full refund as promised by the organiser. 
Mark Brighton Art Good news - I recieved a full refund from Karl yesterday. I threatened to get my bank involved & this seems to have spured him on to actually do something & honour the refund he offered at the show. I urge everyone else who went to do the same.
Mark Brighton Art hi Katherine - I have just had a message from Karl who has read your piece. Unfortunately he has taken exception & wants a few things corrected. I have now recieved a full refund from Karl so it would be fair to point this out to your readers. He is also querying the suggestion that he is only in it for profit - he says he has taken legal advice. I imagine this is just bluster but I would appreciate it if you could add a correction of sorts to your article. Many thanks Mark
I'm not sure what Mr Percival wants corrected as to date all I have done is highlighted a letter sent to him by somebody who attended one of his Fairs and the response from the same individual with respect to the refund given.

As I have indicated I am happy to correct anything which is factually incorrect.​

However I would point out that Mark's comments were n0t isolated in connection with this particular fair. Others wrote about having the same experience - and I've made a note of their comments too. I only ever write these sort of posts when it is evident that a number of artists have been let down.
​

BEWARE business models where the artists provide the income
​

One of the things artists need to beware of are business models used by entrepreneurs where the entire income stream is delivered by the artists and not by the success or otherwise of their sales. (It can make you look at art galleries in a whole new light!)
For many years, there have been websites which supposedly provided a place for artists to sell their art. In fact the business model for the website is entirely predicated on making money from artists. Such websites on the whole do not serve artists well in terms of selling art. - because the owners make few efforts to help them. Instead they make money for the owners from the fees the artists pay to get their art online. 

The exact same business model can be used for art fairs.

Artists can draw conclusions about art fairs from
  • the level of effort and finance employed by organisers to make them successful. 
  • recommendations from other artists as to how well marketed they were and how well they did in terms of sales (i.e. did they attract the right sort of people)
  • comments from those who signed up for fairs in terms of their actual experience

What artists do NOT need are art fairs which involve:
  • organisers who run art fairs on a shoe-string
  • poor planning in advance
  • poor marketing (or none at all) to the public (i.e. customers)
  • poor preparation and execution of services on the day
  • under-resourced relative to the demands of setting up

If you are thinking about booking an art fair stand with British Art Fairs (who organised the Macclesfield Art Fair - see above)
I RECOMMEND that you:
  • attend one of their art fairs/exhibitions first to check out the level of professionalism and standard of presentation and operations; and
  • talk to artists (when they're not talking to punters) about how well supported they feel and whether or not they would recommend British Art Fairs to other artists. 

Or join Art Fair Buddies and find out about the art fairs that people do think are worth attending.

TIP: If you pay an art fair organiser by credit card or PayPal and organisers do not deliver what is promised then you can also seek reimbursement from your card service or PayPal.
3 Comments

Want to know how to pack pastel paintings for travel or shipping?

19/8/2018

0 Comments

 
how to pack pastel paintings
a new dedicated page about packing pastel paintings
How to wrap and pack pastel paintings for travel and/or shipping is a bit of a niche topic - for everybody but artists who work with soft pastels and/or charcoal.

However it deserves a dedicated page - and now it's got one.  Last week I set up a new page in the Shipping section of this website - dedicate to how to wrap and pack pastel artworks for shipping.  

Objective - your pastel artwork gets to where it needs to be in one piece and with no "pastel drop".

It includes advice and links to information from people who have packed and shipped pastel paintings all over the world.


It's also relevant to all those returning from summer holidays with pastel artworks packed in the bottom of their suitcase. The principle is the same - and if you follow it you'll have no accidents to either artwork or the rest of the contents of your suitcase!  I've brought pastel paintings back from Greece, France, Italy, Bali and the USA without a problem. You can too....

Image: part of The Concord Meadow by Childe Hassam gouache and pastel on canvas
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NEW: The Best Art Business Books for Artists

4/4/2018

0 Comments

 
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The Best Art Business Books for Artists is the new home for information from another site I developed with the same name. It's a work in progress at present but now has enough content to make it worth highlighting and my other site is about to be closed down.

Initial categories cover:
  • Short Art Business Guides - for a quick read
  • Starting Out - for those who aspire to an art career
  • How to have a career and make money as an artist
  • How to sell your art 
  • Understanding Art Galleries
  • Copyright
  • Art in Transit
  • The Artists' Resale Right
  • Art Legacy Planning

Interestingly most of the books on the new page are EITHER new OR new editions of books that have been around for a while.

So much has changed in the past few years. In particular the emphasis on business online is now much more important. 

I'm finding that I really need to look long and hard at content as I do the transfer - and I'm needing to buy new editions of books I've loved in the past.

Plus I know than a few authors have recognised the need to update and have new editions in the pipeline.

​For example, a couple of days ago I was contacted by Caroll Michels - author of How to Survive and Prosper as an Artist (a book I really rate!) - about the NEW edition of her book which is published later this month. This has got a LOT of new content to reflect the changes in the workings of the art market and the new challenges for all artists - even established ones. For example:
  • the use of social media and website development as marketing and publicity tools – what works and what doesn’t work;
  • the confusions between the “art-buying public” and the “consumer market”;
  • neighbourhood gentrification and the growing challenges of securing a reasonably priced work/live space; and
  • the pros and cons of the new business models for artist career development.

So I hope you'll join me in my investigation of what's currently on offer and the best books about the art business for artists which offer both great content and good value for money!

There's a lot more to come and this page will be continuously updated over the next few months - and years!

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Tell me about YOUR favourite art business books!

I'm also interested to hear about what new art business books you've been buying and getting value from.

If you'd like to share your recommendations with fellow artists just leave a comment on this blog post - or contact me and give me a recommendation.
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ABOUT ART BUSINESS INFO. FOR ARTISTS
This website aims to provide a compendium of resources about the art business for artists. Please read "PLEASE NOTE"

It helps artists learn how to do better at being business-like, marketing and selling their art and looking after their financial security.
  • HOME
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  • ​​CAN I HELP?
  • CONTACT ME
Copyright: 2015-2021 Katherine Tyrrell | Making A Mark Publications
​
- all rights reserved
  • About this site 
  • About the Author
  • Privacy Policy & Cookies
If you've got any suggestions for what you'd like to see on this website please send me your suggestion
PLEASE NOTE:
1) Content and the law change all the time. It's impossible to keep up with it if you're not working on the topic full time. 
​2) I research topics carefully. However, I am totally unable to warrant that 
ANY and/or ALL information is 
  • complete and/or
  • professional and/or
  • wholly accurate and/or 
  • all links lead to the most current information (at the time of writing)​
​3) Hence all information I provide comes without any LIABILITY whatsoever to you for any choices you make. 
4) This website is FREE FOR YOU but not for me. ​Links to books are Amazon Affiliate links. Buying a book via this website means I get a very small payment which helps to fund and maintain this website. .I much appreciate any support your provide. Adverts are provided by Google AdSense - but the adverts do not mean I endorse the advertiser.
Photo used under Creative Commons from Keith Williamson
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    • Being a Professional artist >
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    • Learning Opportunities >
      • Art Schools in the UK
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  • MARKETING
    • How to write an Artist's Statement >
      • What is an Artist Statement?
      • Why you need an Artist's Statement
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      • What an artist statement should contain
      • Examples of Artists Statements
    • How to write an Artist's Resume or CV >
      • Social Media summaries
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    • The Private View Invitation
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    • Websites for Artists >
      • Why websites matter
      • Options for Websites
      • Web content for Artists
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      • Keeping Google Happy
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  • SELL ART
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