Tax Time for Creatives with Monica Davidson

Tax Time for Creatives is a workshop that covers the basics of how tax works for creative professionals, the intersection between individual tax and small business, and how key creative tax rulings can help creative practitioners in the tax world. With a specific focus on the arts and creative industries, this workshop will cover: + Understanding what basics of how tax works – jargon, income, expenses, and what to pay. + How to calculate ‘taxable income’ and ‘assessable income’. + The key creative tax rulings, and what they mean in practical terms. + Hobby vs Business, how to work it out, and why it matters. + The basics of tax deductions and how to figure out what you’re entitled to. + Easy tips and tricks for getting organisation, record keeping, and cloud accounting platforms. + Where to get help – an introduction to the Groovy Accountants. Tax Time for Creatives is a collaborative workshop and participants will be encouraged to ask questions, share experiences and ideas, make connections and foster peer relationships. Please note: This event is at 12pm AEST (Sydney/Melbourne time) and 2pm NZ time. You will be sent a Zoom link to tune in.