Term 2

 

 

Answer the following for me...

 

Have you completed registering your first composition with APRA?

 

If not why?

 

Do you see the value in joining APRA and do you feel there is value in learning about music licensing and rights in the course?

 

Do you feel confident going to the APRA site as a resource?

 

 

You were given the opportunity in class to co-write, produce, record and create a video of your composition using your established groups for the final 4 weeks of term one.

 

Did you complete this in the 4 weeks? If not how much did you complete? Did you find this project a valuable and creative way to learn about co-writing and royalties? 

 

How would you approach this project differently next time?

What are you most excited about learning or exploring in Professional Practice relating to your musical goals?

Have you logged into Moodle to access these slides or any course material?

Portfolio 15%

 

Get a pen out and write this down

Checklist

2% Bio Photo x 2 (marked on strong sense of image)
1% Banner Photo (marked on strong sense of image)
1% Short Bio (marked on richness of content)
1% Long Bio (marked on richness of content)
4% SoundCloud Track (just need one)
 - you must be playing on the song or have written it
4% Video (just need one)
 - you must be performing the song or have performed or written the song
2% 2 x social media channels of your choice (just need two) e.g Facebook, Snapchat, Twitter, SoundCloud, Instagram
 

nzmusicians.co.nz

Must be on this site.

Due at the end of the year.

You can continue to develop it after this year.
 

Business Basics

An Introduction to Business & Tax

Handout

Income

with the person next to you write a list of the income sources as a sole trader in the music industry.

Sources

 

Gigs
Teaching (private & PAYE)

 

PAYE, WT, self employed income

 

Group the results

Expenses

In small groups list all possible expenses associated with each income stream

Put your expenses under the following headings

Office / Studio

Rental and/or mortgage interest, utilities bills for the % of space used by your business

Communication

Phone bills and % of mobile bill used for business use

Travel

Car k's to rehearsals, gigs, research. Plane tickets to gigs/research. 
 

Equipment/Maintenance

Strings etc, repairs, items under $300
 

Professional Fees

Paying sub-contractors, accountant, studio hire, doctor/physio visits, ACC Fees
 

Stationary

Small studio equipment under $300, postage 
 

Research

Purchased music, concerts, anything relating to gaining knowledge for your business
 

Tax Tips

 

Email Expenses & Income

create an email account

mikes-tax@gmail.com

and email all digital receipts, take photos and email all physical receipts to this address.

It is all backed up, dated and ready to be sorted come tax time

bcc. all digital invoices

Spreadsheet

create a spreadsheet with the columns discussed in class. Make new ones for other types of expenses for your business.

Use spreadsheet logic to do that math

Dropbox / Google Drive

save your spreadsheet to the cloud

 

Create a MyTax login

use the MyTax login to check for WT payments and all PAYE income
 

www.ird.govt.nz

 

has all the FACTS!