Artists can be awarded grants for different purposes. You may, for example, receive a working grant to cover your living expenses, a travel grant to help you work abroad or project grant for organising an exhibition.
Grants are awarded by several different public and private institutes and foundations. The taxation of grants depends on the grant-awarding organisation.
Receiving a grant involves different obligations, such as taking out a special pension insurance for the grant. Artists must also report any grants they receive when they do their taxes. In addition, the receipt of a grant and the ending of a grant period may affect an artist’s right to unemployment benefits.
The articles on grants provides information about the taxation of grants, taking out pension insurance for recipients of grants and how grants may affect different social benefits.