What expenses can performers claim?

As a self-employed individual it is always important to ensure that you’re claiming all allowable expenses so that you reduce your tax bill. Generally, expenses that are wholly and exclusively for the purpose of a business’ trade are allowable. 

For more information on running a self-employment business take a look at our knowledge hub. 

For musicians, performers and entertainers, while this list is not exhaustive some examples of these costs include: 

• Studio rent and booking fees 
• Music subscriptions 
• Travel to shows and touring expenses 
• Travel to auditions and rehearsals 
• Reasonable hotel expenses and subsistence costs 
• Equipment maintenance costs 
• Equipment rental 
• Photographer hire 
• Website costs and domain fees 
• Vocal chord and hearing checks 
• Choreographers, session musicians and back-up dancers 
• Hair styling and make up for performances 
• Performance clothing that won’t be used for any other purpose  
• Public liability insurance and Professional indemnity insurance 

How we can help 

Our expert accountants are experienced in preparing accounts and self-assessment tax returns for many different businesses, including musicians and performers. Speak to our team today to find out how we can help you save tax and submit correct tax returns. 

 

Date published 2 Aug 2024 | Last updated 2 Aug 2024

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

---