Your finances as an artist

Are you on top of your finances as an artist? Do you know how to prepare an account statement? And what about taxes and your royalty payments from Koda? Here, you’ll find informtaion and tools to help you manage your finances in the best possible way.

Are My Koda Royalties Subject to Tax?

When Koda pays royalties to you, the amount is reported to the Danish Tax Agency (SKAT) as B‑income. You are responsible for paying the tax yourself. You can do this either by regularly updating your preliminary tax assessment or by setting money aside and paying the tax in a single payment when your annual tax statement is issued.

Kunstnerøkonomi

Artist Economy Insights

Don’t miss our exciting webinar, where Uffe Fink Isaksen from Fink Revision puts the spotlight on artists’ finances. Gain valuable insights into the financial aspects that matter most to artists, and learn how to manage your finances in the best possible way as a creative professional.

Go to the webinar

FAQ

Explore new revenue and funding options

Your talent and professional craft as a music artist open the door to countless opportunities to work and find funding for your creative projects. Download our ‘Artist Economy Wheel’, which gives you an overview of a wide range of income sources.

Personal financial management