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Selling art with other income.

  • 08-09-2018 10:37am
    #1
    Elle122
    Registered Users, Registered Users 2 Posts: 3 ✭


    Hello looking for advice. I want to set up as a sole trader to sell some art that I make. I am wondering about tax exemptions if you have another strand of income (I teach).
    If your other income exceeds a certain amount are you still entitled to tax exemption?
    Am I still entitled to a tax exemption if making art is not my sole income?
    Any advice about setting up as a sole trader with the purpose of selling some art/art cards etc. would be greatly appreciated! Thank you.
    Tagged:


Comments

  • #2
    New Home
    Moderators, Arts Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators Posts: 77,370 Mod ✭✭✭✭New Home


    The tax exemption had very strict rules (you'll have to prove you're an artist), but I seem to remember it was only applicable to the income generated by your art, and even that was capped at a specific amount.

    Your best option is to contact Revenue.


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