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  2024

So your client woke up famous. Now what?

Published Date: 7 Mar 2024

 

Whilst many advisors may have laughed off having a famous client at some point in their career, the reality in 2024 is that fame is a highly sort after commodity and it is likely your fresh-faced teenage neighbour’s YouTube channel earns more than your retirement portfolio. From influencers, content creators, artists to e-sports and OnlyFans stars, what do you need to be considering. The session includes:

  • Defining sources of income and reporting unique income streams
  • When a hobby becomes a business
  • Employee or contactor
  • Deductions and expenses – where do you draw the line, including record keeping and substantiation
  • International tax considerations; and
  • Contractual and legal issues.

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Author(s)

Individual Session

Author(s): Elliott Brannen
Materials from this session:

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Details

  • Published By: Elliott Brannen
  • Published On:7 Mar 2024
  • Took place at:Hyatt Regency Perth

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2024

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