If your income exceeds £50,000, MTD for ITSA applies from April 2026. We’ll guide you for compliance.
£149 + VAT – Sole Trader & Landlord Return
Covers your artist / musician self-employed income and your Self Assessment (SA100 + SA103S/F), including:
Q: I receive art grants – is this taxable?
A: Most are taxable unless specifically exempt; we can advise based on source.
Q: Can I claim my home studio?
A: Yes – either a simplified home use rate or portion of bills if exclusively used.
Q: Are performance clothes deductible?
A: Yes – if not suitable for everyday use and solely used for performances.