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Client Newsletters

Client Alert May 2023

Is your content making you income?

The ATO has warned content creators that they need to be aware of their income tax and GST obligations.
TIP: Examples of content creators are individuals who write a blog, post make-up tutorials to social media or stream gaming or other activities for others to watch.
If you start making money from your online content, you will have income to declare. You will also need to consider whether you are in business. If you are, or you want to start your own business, it’s important you know what income you need to report, the deductions you can claim and what registrations you may need.