Tue 13 October 2015 6pm – 7.30pm
Pricing: Members: Free / Guests: $15.00
Location: Building BH, Level 2, Room 16 (BH 2-16) UniSA City West Campus (D2 on Map)
Presenter: Brian Tucker
Bookings are no longer available.
Understand your tax basics; what paperwork you should keep and how to organise it before you visit the accountant. Recognise what expenses you can claim and how to claim them; why you need an ABN and why you may not need to be GST registered. Learn about what sort of business structures might be appropriate (or inappropriate) for your practice; how income averaging works. Discover what ‘tests’ the ATO use to work out if you are really “in business” as an artist. Hear about how to defend your position against the possible assertion that “this is surely just an expensive hobby”. Spot the perils of section 35-10 of Division 35 of the Income Tax Assessment Act 1997.