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Not taxed at source
- Whether in the tv performance sector for publicity purposes or general work within the industry, any earnings you make from your acting work are not taxed at source. You must work out how much income tax you owe, then report the taxable income and pay the tax due to HMRC by 31st January every year.
simpletaxes.co.uk/a-tax-guide-for-self-employed-actors/
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Are self-employed actors taxed?
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Do UK actors have to pay taxes?
If you’re self-employed or about to register as such, this guide will help you navigate the process and provide helpful tips. Is an Actor a Sole Trader? Actors only need to register as self-employed once their income exceeds £1000 in a tax year, after which they need to submit a tax return.
Most actors pay tax through either Self Assessment, where it’s up to you to pay the tax you owe, or via Pay As You Earn (PAYE), where your employer takes the tax off your earnings at source...
Everyone who’s self-employed will need to complete a tax return to HM Revenue and Customs (HMRC) and pay any money owed by 31 January. Tax is payable on 31 January with an additional payment deadline of 31 July if you make advance payments towards your bill.
Acting work is generally not taxed and done as a self-employed freelancer. So if you have worked as an actor under contract, you may need to register as self-employed and submit a self-employed tax return.
Actors, dancers etc who are engaged under standard contracts incur few expenses in the course of their work. This remains true even if the performer is taxable on the basis of their carrying on a...
The scope for tax planning for actors with earnings from employment is much narrower than for those with trading income, who can generally claim a wide range of expenses and pay any tax due once or twice a year through self-assessment, rather than having tax deducted at source by their employer.