wollowra
Posts: 1283
Joined: 14 Mar 08
Trust:
07 Jun 10 4:33 am
I honestly don't think Mark will answer that as it would be a matter for you to discuss with your accountant.
In Australia, people who do the right thing usually declare everything they make, if they do it in a business capacity.
If it is a hobby then they can ask there accountant about that.
But there comes a point in time where the tax dept. will start to scratch there heads when you make 5k and claim 5k in expenses and say it is a hobby...lol
Anyway, just ask your accountant my friend.
Regards
Troy
Enjoy the little things, for one day you may look back and realize
they were the big things.
-- Robert Brault