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https://visualarts.net.au/advocacy/tax/artists-income-tax/
For artists, tax accountants and staff of the ATO, the Ruling clarifies when artists are recognised as being 'in business' for income tax purposes rather than being regarded as hobbyists. This entitles artistic creators in any discipline (not just visual artists) to claim their arts practice expenses against all forms of income.
https://community.ato.gov.au/t5/TaxTime/Performing-Artists-Deductions/td-p/93350
Jul 20, 2020 · Have a look at the list of expenses that are deductible for performing artist on our website. Under multimedia it states that you can claim a deduction for the work-related part of the cost of multmedia, if it's directly related to your current employment as en employee performing artist.
https://www.artslaw.com.au/article/taxation-of-professional-artists/
Jun 30, 2008 · Common deductions for employee performing artists In May 2007 the ATO issued a publication relating specifically to employee performing artists (NAT2325-6.2007). This document is available online at www.ato.gov.au and provides a useful guide for completing individual income tax returns for employee artists.
https://www.freelancetaxation.com/deductions-artists
Artists: Use this list to help organize your art tax preparation. This is a basic list of typical expenses incurred by artists. You may have others. Art supplies Books, magazines, reference material Business gifts Business insurance Business meals Cabs, subways, buses Copying, printing Cultural events/ museum entrance fees Entry fees Equipment and software Film & processing […]
https://www.kabgallery.com/art-journal/everything-art/small-business-artwork-tax-deductions/
Thanks to some changes to the rules around tax deductions, the ATO allows small businesses to claim an immediate 100% tax deduction at the end of each financial year on any artworks purchased for display within your business.
https://www.nolo.com/legal-encyclopedia/tax-deductions-artists.html
A self-employed artist may deduct any expense that is: directly related to the art activity ordinary and necessary, and not lavish or extravagant under the circumstances.
https://www.etax.com.au/tax-deductions-for-freelancers/
Running expenses – if you do some of work at home. Important: ... (PAYG) payments to the ATO for your taxes. If you earn over $4000 from your freelance and pay more that $1000 in tax. PAYG installments spread your tax bill out so you are not lumbered with a lump sum to pay.
We hope you have found all the information you need about Ato Artist Deductions through the links above.
