Commentary

B5.626 Creative artists—overview

Business tax
Business tax | Commentary

B5.626 Creative artists—overview

Business tax | Commentary

Creative artists

B5.626 Creative artists—overview

For payments comprising royalties or lump sums actually receivable, in respect of copyright, designs, public lending right and other creative artistic works, a claim can be made to average the profits1. The rules are described in detail in B5.326–B5.328. The provisions do not apply where profits are calculated using the cash basis for small businesses from 2013/14 (see B2.112)2.

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