ARTRIGHT is a project established to promote professional practice and business acumen in the South African visual arts community.
 
 

Business Management

ARTRIGHT provides you with an accounting tool which will help you understand your financial situation and keep track of your artworks and inventory. 

We will also give an introduction on the different types of taxes and show you how to manage and pay your taxes.


ARTRIGHT Business

The ARTRIGHT accounting tool is an excel spreadsheet. The tool has an income and an expense statement which will help you to calculate what money is coming in and what money is going out of your pocket. It then balances them for you to see if you are making a profit or if you are making a loss. It can also assist you to plan and calculate your tax. 

This tool is most suited for small businesses or for people who work for themselves.


Tax and Tax Advice

All governments have taxes on people, businesses and goods/services. These taxes are used by government to build and develop the country's infrastructure for the benefit of society. For example the government spends money on developing our transport networks, building our hospitals, protecting our natural environment, building relationships with other countries, supporting the arts and culture industry and other such critical endeavors. So it is important that we pay tax to contribute to the development of our country. 

Types of taxes include VAT (Value Added Tax), PAYE (Pay as you Earn) and Income Tax. With SARS new electronic e-filing system, they have made it incredibly easy for individuals and small business to calculate and pay their taxes.


Terms & Conditions

Before you use the accounting tool or tax advice please read through our Terms & Conditions of use.


Contribute

This section needs to be developed.

Do you know anything money management? Contribute to ARTRIGHT: donate money and contribute time, skills, knowledge or resources. This community resource grows with your involvement.