Accounting and invoicing for musicians and bands
Gigs at weddings, company parties, clubs and festivals, plus teaching, studio work and streaming income: musicians have many small incomes from different sources and expensive equipment. Saldiqo writes fee invoices, separates band members and records equipment and rehearsal room.
What comes up for musicians and bands
Fee and deposit
Gigs are booked, often with a deposit. The fee covers band, equipment and travel.
Band fund and members
Several members share income. Who writes the invoice and how the fee is split must be clear.
Equipment and rehearsal room
Instruments, amps, equipment and rent are running costs.
How Saldiqo helps
- Fee invoiceGig, equipment and travel as lines.
- Deposit on bookingQuote, deposit, final invoice.
- Match streamingUpload the bank statement, separate receipts by source.
Typical invoice lines
Examples that often appear on invoices in this industry. You set the prices yourself.
- Wedding gig, 3 sets of 45 minutes
- Equipment flat fee, PA and lights
- Travel as per receipt
- Extra hour of live music
- Deposit 30 % on booking
- Rehearsal room as per receipt
Tax and invoicing in Cyprus
What applies to invoices in Cyprus, in short. As of October 2026.
- VAT
- Rates 19 %, 9 %, 5 % and 3 %, plus 0 % until 31 December 2026 for infant milk, nappies, hygiene products and fresh fruit and vegetables.
- VAT registration
- The threshold is €15,600 of taxable turnover over 12 months, or expected within the next 30 days. If you sell services to businesses in other EU countries, you generally register from the first sale. Until you are registered, Saldiqo leaves VAT off and adds up your turnover.
- What goes on an invoice
- Even businesses that are not VAT registered must issue invoices and receipts. Companies show their name, HE number, the words “private company” where they apply, and their registered office. Notes such as reverse charge appear in Greek and English.
- Invoice timing
- Issue invoices within 30 days.
- E-invoicing
- There is no mandate. Public bodies accept e-invoices (Peppol BIS 3.0) and suppliers send them voluntarily. EU rules follow from 1 July 2030.
- VAT returns
- VAT4 returns are filed online through TFA, quarterly with staggered periods, by the 10th of the second month after the period, moved to the next working day if it falls on a weekend. Saldiqo does not file returns.
- Record keeping
- Plan for 10 years. The minimum is 6 years, VAT records can need up to 7 years, and OSS records 10 years.
- Late payment
- Interest on late business payments is 10.40 %, plus €40 compensation between businesses.
- Languages
- Use Saldiqo in Greek or English and send invoices in either language.
Frequently asked questions
Who writes the invoice in a band?
Usually one person or the band as a company. How you split income you clear with your tax adviser.
How do I secure dates?
With a deposit on booking.
Do musicians and bands in Cyprus have to charge VAT?
Once they are registered, yes. The threshold is €15,600 over 12 months, or expected within 30 days. Services to businesses in other EU countries require registration from the first sale.
Do musicians and bands in Cyprus need e-invoicing?
No. Public bodies accept e-invoices through Peppol and suppliers use it voluntarily. EU rules follow from July 2030, so PDF invoices remain fine today.
How long should musicians and bands keep invoices?
Plan for 10 years: the minimum is 6 years, VAT records can need up to 7 and OSS records 10. You can store receipts digitally in Saldiqo. The legal duty to keep records stays with you.
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As of October 2026. General information, not legal or tax advice, without guarantee. For your case ask your tax adviser.