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Tax Time for Creative Business
By Monica Davidson Sure, it’s boring, but tax is super important for creative practitioners and arts organisations. Learning about how it works, and specifically for you, is a weird combination of boring and scary. However, it can also be empowering to understand what you can. Creative businesses and arts professionals are in an interesting position with regard to our overall tax situation, as many of us are individuals, small businesses, AND professional artists (which means we have a lot of different tax rulings about us). It’s super important to double-check all your supposed deductions with your accountant or directly with the ATO, as there is an awful lot of surprisingly grey area...
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