Tax Basics for Musicians [EXPLAINED]

Forget Halloween 🎃 it's Tax Season 💰

Here are some basics on the subject of tax that every musician need to know, regardless of whether you do music as a hobby or as a business. Being that I live down under, some of the info is Australian specific, but also some general helpful tips.

Hope it helps you out 🙂

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Links:
Statement by a supplier Form:
https://www.ato.gov.au/uploadedfiles/content/mei/downloads/statement%20by%20a%20supplier.pdf
ABN Application (Australian Business Registrar:
https://www.abr.gov.au/business-super-funds-charities/applying-abn
Etax (Self Lodgement):
https://www.etax.com.au/
Hike! Hike! Hike! Hike! ...... GST It's dynamite! (‘TNT’ Parody):
https://youtu.be/i8YU8M7hpUA

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Find out more about the Crafty Guitar Club 🎸
http://www.craftyguitarclub.com/

And if you want ALL the tools to mastering the fretboard, check out the Fretboard X-Ray Vision Challenge 💀🤩:
http://www.fretboardxrayvision.com/

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Equipment/Software
Neumann TLM67 Microphone:
https://en-de.neumann.com/tlm-67
Audient iD22 Audio Interface:
https://audient.com/products/audio-interfaces/id22/overview/
Sony Cybershot RX100 VII Compact Camera:
https://www.sony.com.au/electronics/cyber-shot-compact-cameras/dsc-rx100m7
Screenflick Mac Screen Recorder:
https://www.araelium.com/screenflick-mac-screen-recorder
Logitech BRIO Ultra HD Pro Business Webcam:
https://www.logitech.com/en-us/products/webcams/brio-4k-hdr-webcam.960-001105.html
Final Cut Pro X: https://www.apple.com/au/final-cut-pro/
Zoom:
https://zoom.us/

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Click HERE to watch on YouTube.