Create Exchange - Tax Basics for Creatives

Join us for a special online workshop - requested by popular demand from Create Exchange participants!

Tax Basics for Creatives: Navigate tax time with confidence

Guest: Monica Davidson, Creative Plus Business

All creatives, arts organisations and small businesses need to understand how their tax rights and responsibilities work – but it’s all so boring! And where to begin? Tax is painful but an inevitable part of surviving and thriving in the creative industries. Managing the annual and ongoing obligations of tax as a creative means getting an understanding of what’s involved in the first place, getting organised, and learning about the unique position that creative professionals hold in the Australian tax landscape. It's not fun, but a few simple tips and tricks (and a friendly face) can help. 

Tax Basics for Creatives is a workshop presented by Monica Davidson (Creative Plus Business) 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 Basics for Creatives is a collaborative workshop and participants will be encouraged to ask questions, share experiences and ideas, make connections and foster peer relationships. 

What do I get? 

All participants of this workshop also receive: 

+ Lifetime access to a Dropbox folder jam-packed with additional resources and helpful links. 

+ A Workbook to assist with the practical elements of the workshop. 

+ Access to additional free webinars to supplement the material covered in the workshop. 

+ The possibility of further one-to-one business advice, mentoring and support from one of our creative industries business specialist advisors. We have a whole team ready to help!

About Monica Davidson 

Monica Davidson is an award-winning expert on the creative industries. She started as a freelance writer, performer, and filmmaker, and after launching her production company, she began sharing her entrepreneurial learnings by mentoring and teaching other creatives. In 2013 she consolidated her knowledge with a Master’s degree in Screen Arts and Business from AFTRS, and shortly after was appointed as Australia’s first Creative Industries Business Advisor. In 2016 Monica founded Creative Plus Business, a social enterprise that educates creative practitioners about business, money and marketing.

Disclaimer: Information provided in this webinar will be general. Consult your accountant for individual taxation advice.