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Musician's Tax Advisor

@musicianstaxadvisor.org.bsky.social

๐ŸŽต Specialist Tax Advice for Musicians & Music Businesses ๐ŸŒ Musiciansโ€™ Union Overseas Tax Consultant ๐ŸŽ™๏ธ Musician turned Chartered Tax Advisor ๐Ÿ’ฌ Join The Business of Music community

38 Followers  |  59 Following  |  77 Posts  |  Joined: 21.11.2024  |  1.8305

Latest posts by musicianstaxadvisor.org on Bluesky

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Is There an Exemption Process for MTD?

Yes - there is a process to apply for exemption from MTD-ITSA in certain circumstances. This video outlines who can apply, how the process works, and what HMRC is looking for.

Check out our MTD Resource Hub: vist.ly/4c5b8

#selfemployedmusician

29.10.2025 12:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Yes - but itโ€™s changing. Under MTD-ITSA, your accountant can still file on your behalf, but theyโ€™ll need access to your digital records. Hereโ€™s how it will work moving forward.

Check out our MTD Resource Hub: vist.ly/4bbcx

#selfemployedmusician #musicianstaxadvisor #digitaltax #incometax

22.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Freelance musicians: Donโ€™t get caught by the VAT trap! HMRC checks your rolling 12-month turnover, not just Aprilโ€“April. Go over ยฃ90k in any 12 months & you must register. Track monthly to stay on top!

#VATformusicians #musicianstaxadvisor #freelancemusician

20.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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VAT & Music Hire: hereโ€™s what you need to know!

๐Ÿ‘‰ Read the full blog: vist.ly/4arr8

#musicianstaxadvisor #VATformusicians #musicianstax #musicbiz #musicianslife #musicbusiness #freelancemusician

17.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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We get it - MTD can sound overwhelming. But there are actually some upsides! In this video, we share the positive changes MTD might bring to musicians and creative professionals.

Check out our MTD Resource Hub: vist.ly/4ah4g

#selfemployedmusician #musicianstaxadvisor #digitaltax #incometax

15.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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๐ŸŽถ Peri music teachers: Even though schools now add VAT to fees, your lessons remain VAT-exempt if youโ€™re teaching directly (1:1, groups, choirs, bands, ensembles). No need to add VAT to your invoices!

#musicianstaxadvisor #musicteacher #VATformusicians

13.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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MTD is coming โ€“ but you donโ€™t have to face it solo.

๐ŸŽถ Join our free WhatsApp community for musicians.
Ask questions, share tips, stay on track.

๐Ÿ‘‰vist.ly/4a4ep

#makingtaxdigital #mtdfit #ukmusicians #selfemployed

11.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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If you're a sole trader or landlord and want early access to the new system, you may be able to sign up as a beta tester with HMRC. In this video, we explain whatโ€™s involved, whoโ€™s eligible, and how musicians can take part.

Check out our MTD Resource Hub: vist.ly/49ykn

#makingtaxdigital

10.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
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You donโ€™t have to wait until MTD is mandatory to get started. In fact, preparing now can save you stress later. Here's how musicians can take simple steps today to be MTD-ready.

Check out our MTD Resource Hub: vist.ly/48unx

#musicianstaxadvisor #digitaltax #incometax

01.10.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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You're not alone! Weโ€™ve created a supportive community of musicians navigating Making Tax Digital together. Join us for free resources, expert advice, and practical help tailored to creatives.

Check out our MTD Resource Hub: vist.ly/47xkt

#makingtaxdigital #selfemployedmusician #digitaltax

24.09.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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MTD rules say you must keep digital records - but what doesnโ€™t count as digital in HMRCโ€™s eyes? In this video, we clear up the confusion and explain what to avoid.

Check out our MTD Resource Hub: vist.ly/474ia

#selfemployedmusician #musicianstaxadvisor #digitaltax #incometax

17.09.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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3 Tips for When Your A1 Hasnโ€™t Shown Up

1๏ธโƒฃ ๐—”๐˜€๐—ธ ๐—ณ๐—ผ๐—ฟ ๐—ฎ ๐—ฝ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜ ๐—ผ๐—ป ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜

2๏ธโƒฃ ๐—จ๐˜€๐—ฒ ๐—›๐— ๐—ฅ๐—–โ€™๐˜€ โ€œ๐—ช๐—ต๐—ฒ๐—ฟ๐—ฒโ€™๐˜€ ๐— ๐˜† ๐—ฅ๐—ฒ๐—ฝ๐—น๐˜†โ€ ๐˜๐—ผ๐—ผ๐—น

3๏ธโƒฃ ๐— ๐—ฎ๐—ธ๐—ฒ ๐—ฎ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—น๐—ฎ๐—ถ๐—ป๐˜ ๐—ฐ๐—ถ๐˜๐—ถ๐—ป๐—ด ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ต๐—ฎ๐—ฟ๐—ฑ๐˜€๐—ต๐—ถ๐—ฝ

Donโ€™t let missing paperwork hold up your income.

12.09.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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So amazing to have @ife_ogunjobi from @ezracollective at Kingsdale Foundation Schoolโ€™s award ceremony last night.

Photos with all the kids and played trumpet 2 for a few numbers with the jazz band.

He really walks the walk, believing in the power of music education, in schools.

Thanksย Ife!

11.09.2025 07:22 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Not all MTD software is created equal - and not every tool will suit musicians or creatives. Hereโ€™s what to look out for when choosing MTD-compliant software, and what to avoid.

Check out our MTD Resource Hub: vist.ly/46abe

#selfemployedmusician #musicianstaxadvisor #digitaltax #incometax

10.09.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Wondering if HMRC will offer their own free software for MTD? Here's the latest on HMRC's position, what they do provide, and why most musicians will need to choose their own tool.

Check out our MTD Resource Hub: vist.ly/45g3d

#musicianstaxadvisor #digitaltax #incometax

03.09.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Can I Still Use Excel Under MTD?

Lots of musicians use spreadsheets to track their finances. So will Excel still be allowed under MTD?

We answer that - and explain what โ€œbridging softwareโ€ is and when you might need it.

Check out our MTD Resource Hub: vist.ly/44qfm

27.08.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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What Does โ€œDigitalโ€ Actually Mean in MTD?

MTD is all about going digital - but what exactly does that mean? In this video, we unpack what counts as digital record-keeping, how data must flow between systems, & what HMRC expects from your setup.

Check out our MTD Resource Hub: vist.ly/43g5k

15.08.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Been running The Business of Music for 18 months now and wow, community is everything.

I am also a member of MTD Therapy - another community where I'm learning loads and sharing it back through a musician-specific lens. Every dayโ€™s a school day!

Join us: vist.ly/438a7

13.08.2025 11:27 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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What Does the MTD Reporting Schedule Look Like?

What exactly do you need to file under MTD?

This post covers quarterly updates, final declarations, and how it all works for musicians.

๐Ÿ’ป MTD Hub: vist.ly/32xqj

#MTD2026 #MakingTaxDigital #QuarterlyUpdates #MusiciansTax #TaxDeadlines

11.08.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Is Anybody Excluded from Making Tax Digital (MTD)?

Not everyone will (initially) need to follow MTD for Income Tax.

Whoโ€™s excluded? This video breaks down the groups that are excluded from the initial stages of MTD for Income Tax.

๐Ÿ’ป Check out our MTD Resource Hub: vist.ly/32pn3

#MTD

08.08.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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If you're a non resident musician with UK source income and worried about MTDIT compliance - this is for you!

Wondering what qualifying income actually is? Check out our MTD Resource Hub - vist.ly/32fai

06.08.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Will MTD apply to you?

If youโ€™re self-employed and earning over ยฃ30k, the answer is yes - and the rules start sooner than you might think.

This short video breaks down exactly whoโ€™s affected and when it all kicks in.

๐ŸŽถ Watch now & visit our MTD Hub for musicians: vist.ly/326v7

#MTD

04.08.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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What even is Making Tax Digital?

If youโ€™re self-employed, MTD is coming for your tax return - but donโ€™t panic. This quick explainer breaks down whatโ€™s changing and why.

Watch now & get ahead of the curve

๐Ÿ’ป Explore the full MTD Hub for musicians: vist.ly/3zwgg

#MakingTaxDigital #MTD

01.08.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Tax is going digital: are you ready?

Iโ€™ve just launched a new page breaking down MTD-ITSA.

Itโ€™s clear, plain-English, and tailored specifically for musicians.

Plus - Iโ€™d love your input! Is there anything you'd like added? Let me know.

๐Ÿ”— vist.ly/3z6d5

25.07.2025 14:29 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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It was lovely to meet Mia Houston and Abi Heath of Help Musicians @helpmusicians. Weโ€™re eager to share our knowledge and expertise with this super charity that's a support for musicians of all genres.

We've a shared desire to support musicians who might otherwise not easily access good advice.

24.07.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Mortgages Unplugged

Do you find that โ€œcomputer says noโ€ when applying for a mortgage?

Our recent talk was packed with insights for musicians - especially those with international income or freelance setups.

Join our Business of Music community to watch the replay - vist.ly/3yqjb

22.07.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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UK musicians earning in the US: If 30% tax was withheld, you may be able to claim it back via a US tax return - and use it as a credit on your UK tax.

But HMRC expects you to take reasonable steps first. Skip it, and they might challenge the credit.

Not less tax - just who gets the money.

15.07.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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What actually changes under MTD when you work with an accountant? ๐Ÿค”

We break it down for musicians navigating the new rules.

๐Ÿ”— vist.ly/3n8wnjs

#MTD #MusicBusiness #MusiciansTaxAdvisor

09.07.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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New SAAS subscription?

Donโ€™t forget to add your UK VAT number! ๐Ÿงพ

It helps apply the reverse charge correctly, avoids invoice fixes later, and saves admin time - especially for touring & production tools. A small step, big impact.

#VATTips #MusiciansTaxAdvisor

07.07.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
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Hereโ€™s what you need to know:
โœ”๏ธ As a sole trader, your UTR should be sufficient to confirm your legal status
โœ”๏ธ You can provide a Certificate of Residence (COR) if they ask for extra proof
โœ”๏ธ Get your A1 sorted in plenty of time

If youโ€™re unsure - ๐—ด๐—ฒ๐˜ ๐—ถ๐—ป ๐˜๐—ผ๐˜‚๐—ฐ๐—ต ๐˜„๐—ถ๐˜๐—ต ๐˜‚๐˜€.

04.07.2025 11:27 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

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