Navigating Accounting and Tax for Creatives - 21st September

• Date: Monday 21st September
• Time: 9:30am - 4:30pm
• Venue: Work IQ Innovation Centre, Belgard Square North, Dublin 24 D24E1TT
• Cost: €20

Accounting Best Practice

• The importance of setting up and effective/ efficient booking system
• Do Creatives need an accountant? What for? When needed?
• Accountings terms for Creatives
• Allowable Business Expenses- what can you claim tax relief for ?
• Mandatory Accounting records and years

Accounting- doing 'the books'

• Bookkeeping- how to record your accounting transactions
• How to prepare a Profit and Loss
• How the accounts impact your income tax bill
• Wat are income taxes based on?
• Drawings- what you live on

Income taxes

• Tax basis of assessment- single, married, seperated
• Income tax/ USC/ PRSI rates
• Tax credits
• The Artists Exemption
• Capital Allowances
• A working example of a Creatives tax calculation
• Preliminary tax and how to stay on top of tax liabilities throughout the year
• Important deadlines