Performance Accountancy

Running a charity concert? Be careful how the money flows.

If you sell tickets and the income goes through your business account, that income may still count as business income — even if you later donate the proceeds to charity.

The donation doesn’t always work like a normal business expense that simply cancels out the income. That can distort your accounts and create unexpected tax issues.

So before you organise a charity event, it’s worth getting advice on the best structure.

Good intentions are brilliant. Clear records are essential.

Read the full blog here: https://www.performanceaccountancy.co.uk/knowledgebase/the-issue-of-charity-concerts-and-income/

A chance to listen in on the hottest gossip in town ;)

*places tongue firmly in cheek and begins typing*

Take a listen here - https://vimeo.com/1208453816

The Dual-Front Tax War - Performance Accountancy A chance to listen in on the hottest gossip in town ;) *places tongue firmly in cheek and begins typing* The mercury may be soaring inside Performance Palace and across the nation but we all know the hottest ticket in town right now is Making Tax Digital! *continues typing as the heat sends me into....

What Expenses Can I Claim? Louise's Straight-Talking Version repeated. Why? Beacause I keep getting asked this question.

Here’s the simple rule:

❌ Entertaining your agent at dinner? No.
❌ That “inspirational” weekend in Paris? Probably not.
❌ Clothes you could wear off stage? Usually no.

The grey areas are where people get caught out.

Claim too little – you overpay tax.
Claim too much – you invite questions.

If you’re guessing, you’re gambling. I’d rather you weren’t gambling with HMRC. Have a read of our Allowable Resources here - https://www.performanceaccountancy.co.uk/allowable-expenses