Agents, payments and tax
Mon, 19 Jan 2009, 04:30 pmCayra5 posts in thread
Agents, payments and tax
Mon, 19 Jan 2009, 04:30 pmA little help for a newbie please.
When paid by say, Channel Seven, the payment goes directly to the agent. (correct?)
The agent then takes the fee (usually 10 percent) and pays the remainder to the performer.
Is tax paid at this point.... or is there no tax paid until the yearly income tax return?
and how does this work with HECS repayments
Thank you
Thanks for that (actually
Mon, 19 Jan 2009, 08:47 pmThanks for that
(actually inquiring for my daughter)
I think HECS payments only happen after earning a certain amount and then it's pro rata