
520 tax time essentials! WFH, sole traders, shares & crypto, super contributions, two jobs, rental properties + more
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Are You a Business or a Hobby?
The ter has a little guard on their web side, you base cleany to look at whether or not you're treated as a business or a hobby. So few factors that i guess you can consider yourself will get your account to look at im. Am your business keeps records and account books, you have separate bank accounts, you operate from a business premises,. You own licenses, or you have qualifications, so things like that. Does sound like you are there with your little pottera gig? Yes, i'm a potter, am. What would you tell a client that is a safe amount to keep aside for tax in that first year or so until they get happening?" "What do
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