Designing your art is the easy part, securing it takes the right insights and advice.
The hard part of art isn’t making it–it’s safeguarding it.
NFT creators are a rapidly-growing subset of digital artists who use blockchain technology to sell one-of-a-kind digital assets. As NFTs become increasingly popular, it’s crucial to understand the accounting implications for creators. When you speak with our NFT Creator accounting experts, you’ll explore the tax treatment of NFTs and some of the key considerations for creators.
What are the most effective methods for structuring an NFT business? Creators can consult our tax advisory service to receive reliable direction and observations from experienced Accountants. Many artists don’t want to go bankrupt by representing themselves, so we support them as they become registered businesses.
At Creative Industry Taxation, Accounts & Advisory, we will help you find an expert for creative bookkeeping, tax return filing, artist representation, etc. We are based in Brisbane and have a national clientele that includes creatives from all over Australia. Our services include the formation and registration of companies or unit trusts, individual tax returns, GST returns and BAS, self-managed super fund service implementation and expenses recording, and accounting.