Invoicing

An invoice is a bill. You send an invoice when you work for someone and are self employed. Most employers will not pay you unless you send an invoice.

Artists fees

The fee you can charge for your time depends on how long you have worked professionally and the job you are doing There are number of online fee calculators if you are looking for a quick idea of…

7 Steps to Business Start-up

This guide discusses the main points you should consider in the early stages of starting out as a self employed art practitioner, designer or creative business. This is an original work devised by Alison Branagan…

VAT

Value Added Tax (VAT) is a tax charged through a business on their products and services. You only need to register to collect VAT if your income is over a certain amount. Most artists will not need to register…

How to negotiate

Everything is negotiable they say, and they’re mostly right. Learn the best way to negotiate in any circumstances and create good working relationships. Artists can often fall into the gratitude trap – being so happy that someone…

Pensions for self-employed people

Kay Linnell and Nick Wilson of Accounts Action Ltd shed some light on the different pension options available. There are many different pension scheme variants, but they fall into two main categories – Defined Benefits and…

Studios, pensions and tax

Buying your own studio is the dream of many artists – Kay Linnell and Nick Wilson from Accounts Action Ltd explains how to do so in the most tax efficient way. The most tax efficient way…

Susan Royce: avoiding the hobbyist approach

Art consultant Susan Royce shares useful insights and helpful tips for those who have recently graduated on how to approach making practice pay. I started working in the arts as a happy accident, but…

Hiring people

Even if you work self employed, there may come a point when you need more formal assistance in your business – for example to produce a large commission – but not to such an extent that you can…

Why plan your career?

Unless you know very clearly where you want to be and how you’re going to get there, you’ll be lucky to arrive at all without a bit of planning, and a career path is no different.…

Loans and finance

Loans, overdrafts, credit cards, mortgages, micro loans are all forms of ‘debt finance’: money is borrowed from a lender then repaid over a period of time, usually with interest. The total amount repaid is always more than…

Setting up a business

Despite the benefits, registering as a business should not be rushed into unless you have started to sell work, or be paid fees for any other freelance work such as undertaking workshops, commissions or assisting others.…

National Insurance

Employees and self employed people must also pay National Insurance (NI) as well to pay for benefits and pensions. NI, separate from income tax, pays specifically for unemployment benefits for yourself if you become unemployed. If you have…

Starting a business on a low income

When I start trading, even with my part time job, what if I hardly make any money? How will I pay my rent? If you are claiming benefits before you start trading, and/or…

Self employment

Self employment means that you work for yourself. Many artists work in different short term projects and get paid as a freelancer. Some also have regular employment too. How do artists work? Artists, like everyone else, will work…

One-off benefits

If you are on JobSeeker’s Allowance or Income Support, or some other benefits, and you are in extreme financial circumstances, you can apply for some one off grants depending on your circumstances. One off grants (they used to…

Business advice and planning

Where can a small creative business start up get some planning and business advice? Contact your local enterprise agency to find your local one either phone the ‘Business Support Line’, Tel: 0845 600 9006 www.gov.uk/Business or…

Insurance

Having adequate insurance means that your work, studio, equipment or materials can be replaced if they are stolen or damaged, and that you are protected if an accident occurs while you are working with the public. There are two…