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Forum » Art Discussion » General Discussion » Are art prizes taxable?
Are art prizes taxable?
Guest Date: Saturday, 08.08.2009, 17:21 | Message # 1
Lord Of The Posts
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Hi all, if I was lucky enough to win a major cash art prize as a hobby artist is it classed as taxable income? I would imagine that if I was working as a professional and had a ABN and registered for GST then it probably would be??

Any advise?

 
Forum » Art Discussion » General Discussion » Are art prizes taxable?
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