It’s that most hated time of year again, and as always, creative businesses and professionals are in an interesting position with regard to deductions. Many of us are individuals, small businesses, AND professional artists. We cross multiple possible areas of deductions (according to the ATO Tax Rulings) so it’s super important to double-check all of your supposed deductions with your accountant or directly with the ATO. There are an awful lot of surprisingly grey areas around some claims. For more useful info about your tax situation, check out https://creativeplusbusiness.com/tax-time-for-creative-business/ So what is a tax deduction? (From www.ato.gov.au) A tax deduction is an eligible...
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