Matt Tucker to talk about arts tax

TAX: Matt Tucker will talk about arts tax at Wellington Point on November 16.

TAX: Matt Tucker will talk about arts tax at Wellington Point on November 16.

The Business of being creative and tackling tax and accounting issues will be addressed at a seminar to be held at the Redland Sporting Club from 9.30am to noon on November 16.

The seminar is part of a speaker series for creatives by Andrea Smith of Mount Cotton.

Hosting this seminar is arts accountant and Creative Crunchers principal Matt Tucker. Mr Tucker aims for people to help understand where they are wasting money but not claiming what they should be, leaving more to invest in the creative person's business and pay a decent wage.

"When I first started my business, I was not claiming all I could have. I attended a seminar on tax and while it seemed like a dry subject, the information I took away from the session helped me save an extra couple of thousand dollars in claims at tax time so it definitely was the most exciting seminar I'd been to," Ms Smith said.

Mr Tucker has had a long history working with creative businesses and looks after individuals, partnerships, companies and trusts with a particular interest in structuring, film and television production companies and their casts and crew. He has worked as treasurer on the boards of Playlab and Radio 4ZZZ and spoken for a range of arts organisations.

In this session, he will cover claims, record keeping, collating information for an accountant, ABN's, GST registration and company setup.

"I will also touch on managing a day job alongside an arts practice, demystify your tax landscape and provide clarity around your numbers. Running an art practice or any small business requires you to know a number of things in relation to tax and accounting, but the answers are not as complex as you think," Mr Tucker said.

The event is sponsored by: Queensland Government, Redland City Council, Applause Genie, Redlands Sporting Club, RedArts and Binary Music. The Regional Arts Development Fund is a Queensland Government and Redland City Council partnership to support local arts and culture.

Tickets are $12 plus a booking fee until November 8, then $15. For more information and tickets go to https://applausegenie.com.au/tbobc_redland/