Tax Tips for Arts Professionals

The end of the financial year is soon to be upon us so make the most of your tax dollar.
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Whether you are an artist, actor, musician, curator or writer there is no escaping the annual challenge of making the most of your dollar at tax time. So we have asked the experts for their tips – things that are often overlooked, clarifications on terms, as well as setting you straight on the “hoped for” inclusions that don’t quite cut it.

Evan Lowenstein, Director at Lowensteins Arts Management, said: ‘There has been a lot of audit activity around the arts of late and it’s important that the artist be seen to be well organised and preparing all paperwork in a professional manner.’

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Gina Fairley is ArtsHub's Senior Contributor, after 12 years in the role as National Visual Arts Editor. She has worked for extended periods in America and Southeast Asia, as gallerist, arts administrator and regional contributing editor for a number of magazines, including Hong Kong based Asian Art News and World Sculpture News. She is an Art Tour leader for the AGNSW Members, and lectures regularly on the state of the arts. She is based in Mittagong, regional NSW. Instagram: fairleygina