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Grants vs Trading Income: How Creative Businesses Should Report Arts Council Funding to HMRC

  • Business
September 2, 2026 musawir ramejo

You’ve received Arts Council funding. That’s the good news. Then a few months later you’re sitting in front of a tax return, wondering how to categorise it. Is it income? Does it sit outside your business accounts entirely? And what about the freelance work happening alongside it? This is exactly the kind of grey area […]

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