In The Picture

In The Picture Chartered Accountants specialising in the Entertainment Industry The industry in Australia has a different and highly specialised tax treatment.
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As the name suggests we specialise in the entertainment industry and understand this complex professional environment. Not many accounting firms understand the industry and the special allowances those working in it can receive, we do! With over 20 years experience in the field we offer a dedicated service that caters to our clients individual needs, and are industry acknowledged experts in tax. O

ur practice has a wide range of clients in the entertainment industry; actors, dancers, agents, producers, directors, costume designers, theatre companies, costumiers, wig-makers, drama schools, props makers, camera men and writers to name but a few. Our clients are spread across Australia and we represent many well known foreign actors and producers, who seek our services when working on local productions.

Income averaging is a tax break for special professionals whose earnings jump around from year to year. Instead of taxin...
30/06/2026

Income averaging is a tax break for special professionals whose earnings jump around from year to year. Instead of taxing a single high‑earning year at full force, the ATO spreads that income across the previous four years, smoothing out the tax impact and often reducing what you owe overall. Sudden boosts in income — royalties, awards, big contracts — are treated as though they were earned gradually, giving you steadier tax bills and clearer budgeting.

Eligibility is limited to certain creative and sporting professions where irregular income is normal. You may qualify if you work as an author or artist, a performing artist, a production professional, or a sportsperson.

To use income averaging, you must be an Australian tax resident and have earned at least $2,500 in taxable income from your professional field in the current or any past year. Once you meet that threshold, your eligibility continues automatically.

Call us on 02 92115411 to book in a free 15 minute consultation to check your elegibilty.

Income Averaging ensures you get all the tax refunds you deserve....

Address

Suite 701, 88 Foveaux Street
Sydney, NSW
2010

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

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