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Selling a few things on the side? That side might owe tax.
If you’re making money — even a bit — it’s probably a business.
Doesn’t matter if you’re selling candles at the market or mowing lawns after work. If there’s income, there’s obligation.
The ATO doesn’t care if it’s “just a hobby.” If you’re:
- Charging money
- Advertising
- Repeating the activity with intent to make a profit…
…it’s a business. And if you’re not declaring it, it’s a problem waiting to happen.
This Accounting Revolution helps keep your side gig above board, compliant, and clean.
Not sure if it’s a business?