Tax

RCM TAX GUIDE 2024-25

Updated for the current tax year - A factsheet on the workings of income tax and national insurance, and dealing with the problems that you are most likely to meet during your first few years in the music profession.

RCM TAX GUIDE 2023-24

A factsheet on the workings of income tax and national insurance, and dealing with the problems that you are most likely to meet during your first few years in the music profession.

FACTSHEET: WORKING FOR YOURSELF

Money, tax and a step-by-step guide to becoming self-employed.

FILLING IN A TAX RETURN

The Government's guidelines on completing your tax return. Anyone who was self-employed as a 'sole trader' and earned more than £1,000, or was a partner in a business partnership, must fill in a tax return for the last tax year.

VIDEO: LET'S TALK TAX

A comprehensive tax talk from tax specialist Trevor Ford.

TRAVEL EXPENSES

Advice from the ISM on how to know when travel expenses are tax allowable. This is member only content, with ISM student membership available from £17 per year.

VIDEO: TAX FOR MUSICIANS

Advice from the ISM.

TAX JARGON BUSTER

Taking the fear out of tax: YCAT's glossary of tax terms.