Artefacts: the arts and tax

A practical tax workbook that is designed to assist artists and arts organisations with the tax system.

The workbook helps artists and arts organisations understand the tax system.

Please be aware that this publication was produced in 2000, and that changes to the taxation system and legislation may have since occurred. Refer to the Australian Taxation Office for up-to-date taxation information.

ERRATA

Page 44

Example
Balance - Tax Inclusive Price should be $110 not $100

Page 64
Decision Tree - Transitional Provisions
 (a) The first decision should have 'NO' to the right arrow
 (b) The second decision question should say 'reviewable' not 'renewable'

Page 154
Supplies of goods and services that span 1 July 2000
Can claim the credit in any BAS lodged prior to 22 January 2001, not 2000

Page 194
Grant Diagram
The arrows to and from the ATO are in the wrong direction, they both should go the other way

Page 212
Fifth Paragraph of the example - replace $44,000 with $55,000