Tax Information
Please note the following in relation to applying to Arts Victoria for funding and the payment of grants.
ABN registration
As a general rule, if you have not provided an ABN, Arts Victoria is required to deduct withholding tax at the top marginal personal income tax rate of 46.5%.
Tax invoices
Successful grant applicants with an ABN who are also registered for GST must issue Arts Victoria with a tax invoice in accordance with the Australian Taxation Office requirements before the grant can be paid.
Download the pro forma GST Tax Invoice for current recipients of Arts Victoria funding as a:
GST
When completing the budget section of your funding application, please note that if you are registered for GST, your expenditure and income should be exclusive of GST. If you are not registered for GST your expenditure should include the GST to be paid.
Paying tax
Grants paid by Arts Victoria may be considered part of your income in a financial year and may therefore be subject to tax. You must determine your own taxation responsibilities.
More information about tax
See the Australian Tax Office website.
Fire Up collaboration with artists Anna Smith (choreographer) and Alison Lester (writer) at Prom Coast Seachange Festival (2007).
Source: Prom Coast Seachange Festival / Ausdance Victoria