1 March

Tax Submission

Arts Law was actively involved in joint advocacy strategies with NAVA and supported by tax lawyers Judy Sullivan and Jill Savage of Mallesons as well as Delia Browne in getting a public ruling which properly recognises the way artists carry on their arts businesses.

Arts Law also supported the submission of the Australia Council for the Arts to the Board of Taxation on the need to change the $40,000 cap which restricts the number of artists able to come within the exemption from the non-commercial loss provisions of the Income Tax Assessment Act. See the Australia Council submission and the Arts Law submission of March 2004, with illustrative examples of the impact on artists.