Second job or hobby topics

Second job

Tammy — Wed, 26 Feb 2020 03:48:28 GMT

My son wants to take up a second job, can he claim tax-free threshold if BOTH incomes combined will be below the amount set?
Thank you

Do I need an ABN ??

katey34 — Sat, 22 Feb 2020 05:02:28 GMT

Hi everyone,

I have a regular PAYG job. Have been asked by a friend to clean their business office once a week. I would use cleaning equipment/products located at the office. They will pay me by putting money in my bank account. Am I an employee? Do I need an ABN & invoice them ? Is this PSI income ? I've tried the PSI test but it didn't say for sure. I've love the extra income just not sure how to declare income/ manage tax. It would only be 150/week. I earn under 40k from my PAYG job.

I can't find an example from ATO site that is clear about this situation.

Any clarification gratefully received !

Thanks

Tax for tutoring

Evie123 — Wed, 19 Feb 2020 23:52:25 GMT

I was approached by a parent of a child in a class I completed a placement in about tutoring her son for 2 hours a week.

I recieve approximately $80 a week from this, but am unsure of whether I will need to declare it for tax (and if yes how I must go about this).

I don't have an ABN, don't advertise and don't intend to do any more tutoring than I am now.

Thank you

Tax Implications Regarding Youtube Revenue

Dizza — Tue, 18 Feb 2020 00:51:52 GMT

Hi, I have a question surrounding youtube revenue I receive (approximately $150 AUD per month). At the moment I treat it as more of a hobby along side my full time job but I plan to take it more seriously in a couple of years time.

Apart from the investment of time, there’s also an associated financial cost for equipment, software and gear required to make content. I wanted to know;

1) At what stage is this hobby defined as a job?

2) Does this revenue (approx $1800-$2000) need to be declared during tax time? and

3) Am I able to make any tax deductions for the equipment I purchase from the taxable income from my full time job?

I tried searching the forums for an answer to my question but could not find one.

Thanks!

HECS debt from many years ago?

gobear — Thu, 13 Feb 2020 09:00:02 GMT

I have a friend who we used to study together and she borrowed HECS in the late 1990's, then went back to Hong Kong for good in early 2000, was planning to come back around that time to work here but ended up delay coming back around next month due to the cronovirus. Plan to move back here for good again and settle down and realised she hasn't paid the HECS yet so she is kinda worried

In terms of HECS, does she needs to pay back given its more than 20 years? If so, how is it done? Based on the income threshold? Or does she needs to notify the ATO as soon as she submit the tax return? etc

Second Job tax

kylebuck81 — Wed, 12 Feb 2020 13:41:44 GMT

I was working a second job for about 4 weeks and do not believe I was paying the correct tax during that time period, I have quit now but is there a way I can pay that tax before I receive an inflated tax bill at the end of the financial year

Is tax higher on second income?

Jazibear — Thu, 06 Feb 2020 09:10:15 GMT

I've been offered a second job. My main income is around $690 gross , my second job will only be 4 hours a week at $24.36 an hour , potentially 8 hours a week at random . I've been told that I'll have to pay 50٪ tax on my second job , is that correct?

bleep work: Paying taxes as a financial dominatrix

bgcswan — Thu, 06 Feb 2020 04:43:36 GMT

I joined the world of financial domination (findom) sometime September 2019. This is not my full-time job or anything but rather something I do on the side as a hobby you could say because I like creating content. For those of you that are not familiar with findom, I receive monetary gifts or "tributes" from submissive men all over the world in exchange for nothing. I understand that this sounds too good to be true for those of you who are not familiar with the fetish/kink world, but it's true.

I haven't kept track of how much I've made since I started because I don't rely on this as my income source whatsoever, but if I were to give you a number, I would say I've made around 5k. I use Twitter as my main platform but I have branched out to clip sites such as OnlyFans and IWantClips recently to make more content.

I understand that content creators in USA have to fill out a w9 form if they've made more than 600 USD on OnlyFans in a tax year, but the Australian tax law is unclear on this subject matter so I am unsure as to what I should declare and how I should go about it. Would I have to file for an ABN to declare everything I make from Twitter and clip sites or is there a certain threshold? Any useful insight into the legality behind financial domination/fetish work would be hugely appreciated!

I should also mention that I am not Australian and I am on a Student Visa (Subclass 500) which allows me to "work up to 40 hours every 2-week period once [my] course starts." How does online "work" as this fit into this definition?

Looking forward to hearing your responses!

Don’t know where to start with my small business

Mathrick — Sat, 01 Feb 2020 14:13:21 GMT

Hi everyone,
I would like to start a small business hiring items for people to use for weddings/engagements/events. Most of the items I plan on hiring would only be $10-$50. I work full time so my intention isn’t to earn a wage from this endeavour, but operate this business more as a hobby on weekends (as I love party planning so I think helping others make arrangements for their events would be really fun). I have noticed multiple people on Facebook and other websites “hiring” items however I am highly doubtful that they trading as a business etc.
I guess what I’m wondering is whether I can get myself into trouble for undertaking my “hobby” and earning any money in addition to my real job and not Registering as a business/ paying tax etc. I’m just not sure how I can be expected to pay tax when I’m doubtful any money I receive would reflect the hours I am putting into this. Also whether anyone has any advice on public liability etc

How much tax percentage that I need to pay for my second job ?

Bvista — Thu, 30 Jan 2020 04:02:24 GMT

ABN to get a website for a hobby

Crash76 — Wed, 29 Jan 2020 09:02:31 GMT

I want to get a .com.au website domain for a small karate school, and believe that i need an ABN to be able to get a .com.au domain.

If i do this, it means i am registering myself as a business, but in reality its just a hobby, as i will only be running the school from a local hall twice a week.

The ATO "is it a hobby" test talks about making things, but all i do is deliver a class.

I want the ABN but dont want to have to do reporting statements and tax declarations etc. Is it ok to have the ABN but still run it as a hobby?

Uber Eats Tax

UncleBert — Tue, 28 Jan 2020 07:12:13 GMT

I Currently have a full time job where the employer pays my tax for me at the moment and I was thinking of signing up for uber eats as a food delivery driver on the weekend.

In the hypothetical situation here what would be required from me.

I work a full time job and earn $91,000 per year Gross

I want to start a second job as an uber eats delivery driver in my spare time.

As this uber eats delivery driver I earn $4,000 Gross

Total income would be $95,000 per year Gross

The employer continues to take and pay the tax on the 91k in the primary job on my behalf.

Am I required to sign up for an ABN for the second job? (Uber eats)

Do I pay GST on the 4k from uber? / Do I have to sign up for GST for this small of an amount?

Will my total personal income be assumed as 95K Gross?

Thanks

Bert.

receiving financial voluntary donations for hobby

caged_broccoli — Fri, 24 Jan 2020 10:54:42 GMT

I'm interested in setting up a Red Bubble account and selling goods there, such as customised coffee cups, where Red Bubble takes a profit and I take a small percentage of that profit.

I expect to sell maybe 10 coffee cups in a whole year total. I consider this just a hobby for tax purposes.

Do I need to worry about G.S.T.?

Anything else I need to worry about? Is there any information specific to Red Bubble that I should know about?

Tax on 2nd job

rednigoy — Fri, 24 Jan 2020 08:53:04 GMT

How the tax is calculated doing 2 jobs.

Tax Free Threshold

Jess2 — Fri, 17 Jan 2020 01:40:37 GMT

Hi, I have just started a second job which I know will be my higher paying position. I had claimed the tax free threshold for my first job but now want it to be for this new job. I selected this option when starting the new job but I want to make sure the new job will be under the tax free threshold.

Is there anything more I have to do for this?

Thank you

Tax from second overseas job

arobertson — Wed, 08 Jan 2020 22:43:01 GMT

Hi. Two questions here. I'm looking at working in Qatar for a three month period while I'm on holidays. Total amount I will be receiving over the three months is US$62,400 tax free (AU$90,835.68). How much tax will I need to pay once I return to Australia? Out of that $US62.4K, I will need to pay accomodation/food/laundry plus travel to and from the worksite. I know I can claim laundry but is that it?

Secondary Tax

TashaAsh — Wed, 08 Jan 2020 02:39:24 GMT

I work a full time 38 hour job, however am looking at getting a second job to help with savings. However I am unsure how secondary tax works. Is there a certain amount of hours you can do before getting taxed a ridiculous amount?

Change from no threshold to yes threshold

TTruman11 — Tue, 31 Dec 2019 00:29:56 GMT

Once the employee has completed a tax declaration form to change from No threshold to yes threshold, do I need to send this into the ATO?

do I need to report income earned through private tutoring?

vman1988 — Sat, 28 Dec 2019 04:16:11 GMT

I am planning to help students to academically perform well. I will do this roughly 2~4 hours during the weekend. This is not my primary job ( I am working full time ). However, I will be charging students $30 ~ $60 depending on what I teach. This means that for each week I will be earning $120 ~ 240 a week extra. I think this is a hobby and should not be reported to the ATO. However, I want to check with professionals before helping students. What should I do?

Working second job on a public holiday

Deebahhs — Thu, 26 Dec 2019 06:46:04 GMT

I work full-time in an office and casual at a restaurant on the weekends.
I will be paid by my office employer for the public holidays this season because they fall on workdays.
My casual restaurant employer has asked me to work on said public holidays. Am I allowed to work my casual job on a day that my fulltime employer has paid me for? (Eg. Christmas Day, New Year's Day, etc)

Working two jobs and claiming tax free threshold from lower paying job?

alexanderu — Wed, 25 Dec 2019 00:37:44 GMT

Hello,

I have two jobs. To keep the figures simple, lets say the jobs pay (rough figures):
Job A: $50,000/Year
Job B: $58,000/Year

I started Job A in June, and when I filled out the tax file declaration, I said that I was claiming the tax free threshold (TFT) for Job A. I didn't start job B until October, so when I filled out the declaration, I said I did NOT want to claim the TFT for Job B even though it was a higher paying job.

The ATO recommends that I claim the TFT from the highest paying job. But since both jobs are paying over the threshold, is there any real need for me to change my TFT from job B to job A?

I've paid tax over the TFT for Job A, and tax starting from $0 from job B. So from my knoweldge, at the end of the FY, both payment will be lumped together, so it doesn't really matter who I'm claiming the TFT correct?

Thanks!

Threshold income

Munni — Sun, 22 Dec 2019 18:25:45 GMT

Hi
May i know how much tax i will pay on my second part time job ( 15 hrs fortnight) when my first job is casual ( hours depends 3-21 hrs fortnight). Thanks 😊

Second job

Shelly-b — Sat, 10 Aug 2019 08:37:16 GMT

I have to pay a $1600 tax bill. My accountant told me that's because I have a small second job. But they are the ones that did my tax.
How do I prevent getting a bill next year?

Tax refund on second job

Darcythomson — Fri, 18 May 2018 12:58:08 GMT

I’m currently working two jobs and for some reason my second job is being taxed at 50% when it is my highest earner. Just wandering if the extra amount I’m being taxed, I will receive back at end of the tax year?

Also just to clarify I worked another job until December last year where the payments I received was higher than $18,200 so I did not tick the tax free threshold on both jobs I’m currently working.

Tax on second job

Krisso90 — Mon, 16 Sep 2019 23:53:53 GMT

I work two jobs and working the second job moves me from the $37,001 - $90,000 to the $90,001-$180,000 bracket. However I am not taxed at this rate for my second job causing me to have to pay money back. I also do not claim the tax free threshold. Is there a way to have my second employee tax me at a higher rate to prevent this from happening?

Travel between one job to a second job

wiz — Mon, 02 Dec 2019 00:25:35 GMT

If go from home to work (administration) and from my work go to a second work (construction). Can i claim the travel between the two jobs and if so can i claim accomodation expenses.

Travel expenses between first and second job

tommy_alexander — Sun, 28 Jul 2019 21:26:28 GMT

Hi,

I have second job and most of the time i travel using public transport between first job to second job.
Am I able to claim the transport expense?
If yes, what method will be the best for my case?
Thank you

Second job- withholding declaration amount

Shaunamacka — Tue, 10 Sep 2019 13:27:34 GMT

Hi all!

My friend has two jobs. The first job earnings are approx $2300/fortnight give/take penalties.
The second job is casual.
She is likely to fall into the $37,000-$90,000 taxable income bracket but depending on her shifts may earn >$90,000.

I understand she should complete an upward variation- withholding declaration form for her second casual job and perhaps nominate 37% to be on the safe side in case she falls in the higher bracket. My question is , should she also elect to have this on her first (primary) job to avoid a bill at tax time?

Thankyou for your help!!!

Getting Taxed on a second job under the same ABN

Jammo14 — Wed, 23 Oct 2019 00:42:34 GMT

Hi, I was wondering how it works when you are employed in two positions for the same company? I already have a position within the company and I have been offered another position to take alongside my current one that offers different pay and entitlements. Would I be taxed as a second job for this additional position?

Tax amount on second job if it’s under ABN?

Julie1975 — Fri, 13 Sep 2019 09:15:55 GMT

Hi,

I have 2 jobs. My first one I am an employee earning 1200 per month after tax. Second one I am earning 3000 per month under an ABN so currently not paying tax until EOFY.

I’m wondering how much tax I will eventually have to pay on second job if its under an ABN? Will I be taxed more on this? And if so how can I swap the jobs around so I get taxed more on my first employee job?

Any reply will be helpful, Thankyou!!

working 2 jobs

geraldine5522 — Tue, 15 Oct 2019 22:25:07 GMT

I have two jobs,

one of the job is casual in which I can work upto 70hrs in a fornight, the second job is partiime, however I do roughly 25 to 30 hours in a week, the pay is weekly for the second job and the casual pays fornightly. In the past I put my casual jobs as a second job, however I have now changed it and put the casual as first job as I have more hours with this job and more pay, claiming tax for it (as stated on Q 9 on the Tax Declaration form), the second job I have now ticked not to claim tax for it. Did I do this correctly ?

2nd Job

BensonL — Mon, 20 May 2019 13:13:14 GMT

Hi. I'm currently thinking about leaving a full time administrative position as the company isn't doing well and hasn't been paying Super and I'm concerned about job security.
Considering taking a part time position (27hours per week Mon-Thurs @ $27 per hour) but also doing Fridays at the previous office which would be for 8 hours at$28 per hour
I'll have to claim tax free threshold for the Mon-Thursday position. Wondering if it's worth me doing the Friday as a 2nd job or will I be taxed most of it?

2nd job

Mizo — Mon, 29 Jan 2018 08:09:15 GMT

Hey. Im am currently applying for a seasonal job that will only be for a few months and want to ask my current employer for unpaid time of. Think i already know the answer but either way, does this mean that i would have 2 jobs at the same time since i havent left the first job, and therefore would have to deal will all tax implications of having 2 jobs?

Starting a new job

Mona2017 — Tue, 26 Jun 2018 10:01:52 GMT

Hi just wondering if someone can answer this for me, I am already working 2 jobs but about to resign from one to start a new one. My question is the job I am already claiming the tax free threshold from I am cutting hours way back and the new job will be more hours more money. So can I change my tax free threshold to the new job.

Tax On Two Jobs

PMC — Mon, 19 Feb 2018 06:18:03 GMT

Hi.

I have worked at two different jobs this year, with two different wages. When i finished my first job i received holiday pay for holidays not taken, but i think i was taxed too much. I was told i would get it back at tax time, but i'm just trying to work it out.

I worked both out separate and estimtate that i've been taxed too much and will get a refund, but when i work it out combined payout figure with amount i expect to get paid this year, i owe tax.

I don't understand and appreciate anyone who can explain to me!

(2nd Job Tax)

Jackson — Thu, 23 Nov 2017 03:04:41 GMT

How can i not get taxed while working 2 jobs?

Not earning the threshold as i am young and earning just under,just over $10000

Not wanting to pay to much tax at my new job (2nd job) so im wondering if this is possible and how can i do it?

Tax threshold for 2 jobs

Caleb4 — Sat, 07 Jul 2018 01:44:06 GMT

Hi guys,

Throughout the 2017/18 financial year i had 2 jobs, but not at the same time. When completing my tax declaration, i ticked YES to claiming the tax free threshold on both jobs, how does this work when i claim my tax? I earned over $18,500. Over the 2 jobs,

Did i mess up when doing my tax declaration? Or am i able to claim all my tax back from both jobs?

Cheers
Caleb

2nd Job Rules

Mizo — Tue, 30 Jan 2018 08:46:49 GMT

Hey. I asked a question yesterday and got an speedy and helpful answer, cheers. But I got another question. I am currently employed but am looking to go do some seasonal work down at the ski fields for 3-4 months, i was hopping that i could take long service leave from job 1 and go do job 2 then return after it finishes up, but it’s recently been bought to my attention that this is illegal (for some reason). So i’m wondering what might be my options. I was hopping not to have to quit job 1. Is unpaid leave the same? Can i cash out some of my long service leave? Any info would be appreciated. Cheers

Two jobs, one payer

TammieT — Fri, 09 Feb 2018 07:13:11 GMT

Hi, if i have two positions with one employer am i able to claim the tax free threshold on both positions? Or is it still better to claim the tax free threshold on my primary/higher paying position?

Does it matter if one role is permanant and the other casual? Or if they are both casual?

Thankyou

Tax withheld on multiple jobs

Dano — Thu, 28 Jun 2018 06:33:01 GMT

I started looking at my tax withheld from my two incomes for next year vs if it were from one income. I was surprised to see that I was not as far ahead as I thought i should be tax wise.

I decided to do a hypothetical similar to my circumstances.

income 1: $3000/fn (2018-2019) tax $712 inc tft

income 2: $700/fn (2018-2019) tax $158 no tft

Total tax $870

Total income $3700/fn (2018-2019) tax $970

Have I missed something? Isn't the advice that if you have two incomes you should only claim the tft on one and you should be ok? My basic sums tell me in this scenario the 2 incomes would be $100/fn in arrears. $2600 is not an insignificant amount to be short at the end of the financial year.

Working 2 jobs claiming for 1

dominique1 — Sun, 01 Jul 2018 03:32:18 GMT

Hi there
For this last financial year i have worked 2 jobs. one is full time and one is part time.
my part time job i have only taxed 284 for the year. my full time job is 6,688 for the year.
can i just claim tax for my full time job and not the other?

How much tax do I pay when I work 2 jobs; one as a casual and one as sole trader?

mconnposp — Thu, 24 Jan 2019 00:31:37 GMT

I work as a casual employee at a fast food restaurant. PAYG tax is set up and is taken out when I earn over a certain amount. I know also have my own ABN as I work as a sole trader as a carer but there is no PAYG tax set up. I am trying to figure out how much tax I need to pay for the money that I earn as a sole trader so that I can start to put that money aside for when it comes time to do my tax return.

which income item should I choose that I have a part-time cleaning job under ABN

Jill — Wed, 31 Jul 2019 01:13:00 GMT

I have a part-time cleaning job 5 hours a week under my ABN except my daytime job.

I am confused that which income as following should I choose about the part-time ABN cleaning job.

You received salary, wages or other income on an income statement/payment summary, Australian Government payments, or First home super saver (FHSS) scheme payment
- Salary, wages, allowances, tips, bonuses etc. (including lump sum A, B, D or E payments)
- Australian Government payments such as Newstart, Youth Allowance, Austudy, pensions etc.
- Employment termination payments (ETP)
- Foreign employment income (on an income statement/payment summary)
- Attributed personal services income (on a payment summary)
- First home super saver (FHSS) scheme
You were a sole trader or had business income or losses, partnership or trust distributions (not from a managed fund)
- Business/Sole trader income or loss
- Partnerships
- Trusts
- Net farm management deposits or repayments

Does it matter how many jobs i have regarding my tax?

Lissy227 — Tue, 27 Aug 2019 23:37:24 GMT

I have a question regarding the tax amount i will have to pay at the end of my working holiday time.

I found out, that i dont have any tax free amount as working holiday maker, right?

Atm i work for a job on ABN basis, that means i have to pay my tax and as my employer is not registered for working holiday makers, it means i have to pay 32 % tax from the first earned dollar, is that right?

Now i would like to start working for another job on TFN basis - means my employer pays the 15 % tax till i earn more than $37.000 right? As it wont be enough hours this employer can offer me, i will continue working for the other job as well.

I'm sure i wont earn more than 37.000 $, would that mean, that id still pay the 32 % for the ABN job and stay on the 15 % tax with my TFN job?

Thank you for your help.

Best regards

Lissy

From two to one employers

kat_stewart — Mon, 14 Oct 2019 22:50:13 GMT

Hello

I have recently gone from having one job, to two jobs (second job taxed at the higher level) and then I left my first job and I am now only employed at the second job but still being taxed at the higher level. Both jobs were the same - casual nursing, hence why I could do them at the same time. I am wondering how I change my tax withheld amount back to just one employer?

Thanks

Tax

dosuan76 — Tue, 05 Nov 2019 06:14:37 GMT

I'm a cabinet maker full time and annual income $58608
+OT aroundannual ncome $62000
And them last month I'm start to driving uber eats eatn around per month for $ 1300.00
So, how to pay TAX my second job?

Employer not withholding the correct amount of tax

Maddy1595 — Thu, 10 Oct 2019 22:18:52 GMT

I currently work two jobs. And I only claimed the tax free threshold at my first job as I make more there. But my employers at my second job are claiming it for me there too, even after I have told them that’s not what I selected on my tax declaration. How can I fix this, as I do not want a tax bill?

No tax claimed

Ness89 — Sun, 23 Jun 2019 13:30:02 GMT

I started a second back in April (casual 3 afternoons a week. Im sure I ticked the no box to claiming the tax three threshold as my first full time job claims it. Ive only just realised that I am not paying any tax on second job. My payslip says $18 year to date but the last few payslips I haven't had any tax taken off. Is this a normal thing to happen or have I done something wrong. I will talk to my second job management and double check what I ticked on my tax form but thought I'd check here to see if anyone can help. Will this effect my tax claim this year. Does it look like I will need to owe tax as I haven't had much taken out. Im very confused and starting to stress....helpppp.

Long Service Leave Payout on resignation

Matt_E — Tue, 05 Dec 2017 11:04:37 GMT

Hi,

Two part question.

Basic info- Employed in the NT, have 13 weeks LSL banked up and have been offered a role with a similar company to that which I currently work.

Firstly, What rate would I be taxed on my Long Service leave when I leave my current employer? I have been told I will lose up to .60c in the dollar but that cant be right.

Secondly, I have also been advised that I could request to take my LSL at half pay over six months while I start a new role with a similar company- My research suggests that this is far from correct. Thoughts?

Car allowance

Jack — Sun, 15 Oct 2017 23:37:47 GMT

I am frequently called upon to use my own motor vehicle to visit audit clients where I conduct audits.

I owns a BMW Sports Convertible 3 Series, which I purchased on 14 January 2016 for $71,880. The registration number is CCTV-6.

I have maintained a logbook for a consecutive twelve-week period during the 2016 income year. At the end of the twelve weeks, the logbook revealed that I travelled a total of 6,200 kilometres, of which 2,604 were work-related. This pattern of use is still relevant for the current year.

At 30 June 2016, the odometer shows a total of 10,780 kilometres representing the total distance travelled for the 169 days from 14 January 2016 to 30 June 2016.

At 30 June 2017, the closing odometer reading of the car was 34,411 kilometres and that there was no significant or material change in business usage during the 2017 financial year from the prior year.

I personally paid the following expenses in relation to his car for the 2017 income year:

Registration 950
Comprehensive insurance 1,250
RACQ annual membership 289
Petrol and oil 3,500
Car washing 240
Annual dealer service (includes minor repairs) 430
Bridge tolls and parking fees (all work-related) – refer note below 160

I have kept receipts for all of the above expenses.

I was fully reimbursed by my employer for the bridge tolls and parking fees totalling $160 relating to visiting sites where news stories were unfolding.

Long service leave

Bruce — Tue, 14 Nov 2017 11:06:53 GMT

If I get paid $44000.00 in long service leave as a lump sum what would my tax be? Or if I get it in weekly payments would it be classed as a second job and get charged a higher tax rate?

Selling on ebay as a hobby initially then has grown into selling like a business

jayh084 — Wed, 11 Dec 2019 02:55:22 GMT

Last year I started selling some of the machines and accessories I had collected over the years. By the years end I had upgraded to an ebay store and had sales totaling in 20k.

Aloong with the sales on ebay I was selling the copper I recycled from the electerical machines and components. This generated about 45k.

What should I do about my tax situation? I have lodged my tax return and wish to amend it.

Mystery Shopper

Salbro — Tue, 10 Dec 2019 01:38:14 GMT

I am thinking of signing up to be a mystery shopper.
Am I able to sign a statement by supplier indicating this is a hobby or am I required to apply for an ABN? I would expect to earn a maximum of $400 per month.
I already earn over the tax free threshold, does this affect my income from mystery shopping?
Thanks!

Mobile Phone Selling

karondo — Sun, 08 Dec 2019 00:18:17 GMT

Hi guys,

Question for you. I've just recently start to buy and sell mobile phones and tablets on ebay and repair them as a hobby. I'm making a loss at the moment (only by a couple of hundred dollars), but enjoy it as I enjoy taking things apart and learning, and I'm under the impression that I don't have to register for an ABN at the moment as I'm treating it as a hobby not a business. However I am keeping records of what I'm buying and selling (such as parts etc) so I can keep track of where I am. I also think I can ramp it up a bit more and if I put my mind to it I could make some good money.

At what point should I get an ABN? When do I say, yeah actually, I think I need an ABN? And if I don't ramp it up and just keep it as it is, do I have to declare the loss as part of my tax return? Obviously if I made a profit it would go under my personal tax return, but what if I make a loss and spend more money on it than I make?

Any help would be great!

Thanks

Matt

I want to change my threshold tax fee

Anil_Katukuri — Fri, 06 Dec 2019 04:33:02 GMT

Hii I want to change my second job as threshold tax pay and primary account can I

Which tax calculation option should I choose?

asb4010 — Thu, 05 Dec 2019 06:35:07 GMT

I'm currently employed for a job which is very casual and I'm not sure which tax calculation option I should choose. I'm also still in the middle of finding another casual/part-time job which will provide me with a more steady income which will become my main job that I will claim the tax free threshold for.

Traineeship and second job

Sapphyrerose — Tue, 03 Dec 2019 19:19:29 GMT

Hi I have been doing a traineeship and working a second job on the weekends as the traineeship wage I could never survive off. I also get top up payments from centerlink if my incime is under a certain amount for the fortnight as im a single mum .I get on average $1000 a fortnight from my traineeship and anywhere from 120 a week up to 300 a week in my second job.My traineeship was only for 6 months Do I have to pay the 2nd job tax rate ?

2 jobs

Nounours — Fri, 29 Nov 2019 20:12:12 GMT

I have been appointed to a part time position ( 4 days) and I'm looking at finding another job to fill 1 day.

I'm scared to pay too much tax as I'm a single parent and I am trying to work to provide my children and settle in life!

If estimate figure
1st job 80k
2nd job 18k

How will it work?

What is the tax free threshold, I don't want to be debt as well as paying too much tax. I'm working to survive!!!

ABN for a one time job?

Mik987 — Tue, 26 Nov 2019 01:32:17 GMT

We run an NFP Arts production company and are unsure if we require some of our performers to apply for an ABN or if it is considered a Hobby.

Some performers either perform as their job, or are studying to do this as their job so have an ABN. Others performed for the love of it, but we strongly believe in paying people for their work, so we want to make sure we pay everyone involved even though they were doing it just for fun. Those who have an ABN will invoice us, Do we require those who don't have an ABN and are doing this as a once-off performance to get an ABN, or does it classify as a hobby?

ATO showing 2 jobs but I have one only!

szoey0039 — Thu, 21 Nov 2019 09:47:19 GMT

Hi everyone,

Sorry, I am an intarnational student and my english is not good. I hope it is clear enough.

My story:

I work part time for a small shop and I have no other jobs but when I login to ATO, under income statements section, there are 2 jobs showings! One from my employer and the other appears to be my employer's accountant. I raised this with my employer and he said that I should ignore this as his accountant makes payments on behalf of him.

Questions:

1. Am I in danger? As an international student, I am not meant to work more than 20 hours, however, in ATO, it looks like I am working 40 hours a week!

2. If this is a mistake, can this be fixed? Who needs to fix this and how?

3. If this is not a mistake, what are they trying to achieve? And what am I supposed to do? I am just an international student!

Thank you all for reading

Withholding declaration upwards

carpeahrum — Wed, 20 Nov 2019 10:37:42 GMT

Hi, I have two jobs and I have questions regarding paying tax.

From my main job, I earned about $2500-$3000 (casual employee) for fortnightly.

I have the second job which I was employed earlier than my current main job and earned about $620 for fortnightly. When I got hired from this job, I ticked tax-free threshold ( and from my current main job too). So I applied tax-free threshold for two jobs at the moment. I want to fix this as I don't want to pay tax debt in the next financial year.

From this point, do I understand right to apply for withholding declaration? but what is upwards variation? If I apply for withholding declaration upwards variation, that means my second job doesn't affect at all during my tax return period? Which one should I apply? Withholding declaration or Withholding declaration upwards variation form??

Please help me out to understand.

Thank you.

Uber eat deliver income declaration and tax payment

Elvis — Wed, 20 Nov 2019 02:32:52 GMT

Hi there, I'm a international student, studying abroad in WA. Recently, I have started to do Uber eat delivery, and I'm wondering how to declare my income and pay the tax. I have had a ABN account, but I don't know what to do now.

Travel Deduction

NickH — Mon, 18 Nov 2019 12:09:18 GMT

I curently reside in Melbourne and fly to Sydney to work with Employer A for 3 days. I then fly back home to my residence in Melbourne.

From home (Melbourne) I work a further 1 day for Employer A and 1 day for Employer B.

I am unsure whether my travel from my Residence in Melbourne (which also is used partly for business-use) to my Employer A in Sydney is partly deductible. Any assistance would be greatluy appreciated.

Online Adult Work

laikenp — Tue, 12 Nov 2019 04:55:24 GMT

Hello,

I have recently starting doing online cam modeling. The website allows me to transfer funds into a bank account, however I am unsure what I need to do in order to pay tax on this. Do I wait until tax time and enter it in manually?

I have been putting money aside from each pay as a precaution but is there something else I need to do? Im not sure if I need to get an ABN as im not invoicing anyone. The amount of pay I receive each month depends on the hours I choose to work.

Two casual jobs.

Kelmac — Thu, 07 Nov 2019 03:40:34 GMT

I am currently working two casual jobs and have not yet selected one to claim the non tax free threshold. Each job varies in hours and amounts paid so I need advice on which employer to tell.

Is BAS required

cmarwalsh — Wed, 06 Nov 2019 09:09:41 GMT

If I earn say $50,000 for a casual job and $50,000 for a job using my ABN do I need to register for BAS, as the ABN job is under $75000 but the total of the 2 jobs is over the amount?

Trad operate from home with no business

Enzo — Tue, 05 Nov 2019 12:20:59 GMT

My question is very simply, why after I reported to ATO a woman and husband selling Fridges and Freezers from home with no business, they still operating ??? it is more 1 year I reported 3 times but nothing

Tax - two casual jobs

helloiamjessi — Tue, 05 Nov 2019 03:36:00 GMT

Hi,
I have a working holiday visa and two casual Jobs here. Today, I got the payslip of my second job and saw that I have to pay 32,5% tax, but as working holiday maker you only have to pay 15% tax.
So why do I have to pay 32,5% tax now?
And can I get it back?

Thanks for your help!

2nd job tax

KT0906 — Tue, 05 Nov 2019 00:45:02 GMT

Hi,
I know this has probably been asked a million times but I was just wondering if someone could give me any advice on taking on a second job and what that will mean for tax.
Thank you

Eligible for ABN?

dwhite — Mon, 04 Nov 2019 01:46:53 GMT

I’m having difficulty figuring out if I’m currently eligible for an ABN. I am a photographer and previously freelanced as a sole trader but for the last few years have only worked as an employee. As a result my ABN was cancelled after this years tax return. I am doing a one off freelance job this month for a friends company and need to invoice them (less than $1000.) I don’t plan on doing any more jobs this financial year or any time in the near future so I am unsure if I am eligible to re-apply for an ABN? I am wondering if it would be acceptable to not quote an ABN but I feel as though the job will be seen as business activity as it’s what I do for work. Any help would be great.

Small business tax benefits / instant asset writeoffs

kirby — Sun, 03 Nov 2019 09:07:43 GMT

Hi there

I was wondering if someone could answer a question for me please? If I have 2 jobs and the second job is run under an ABN (I am the only employee), do I qualify for the $30000 instant asset writeoff afforded to small businesses?

Thanks a lot

how to claim income from tutoring part time.

Douglas_P — Sun, 27 Oct 2019 06:46:02 GMT

I am a part time high school teacher and also tutor a few students and teacher assistants during the year and receive just under $1000. How can I add this to my earned income from my school.

Maximum deductions if you have two jobs?

Leo174 — Sat, 26 Oct 2019 07:38:54 GMT

I teach a group music lesson at a school for an hour a week. I act as a sole trader and only earn $1k a year from this. My main job pays about $80k and is completely unrelated to music. When I do my tax I only have to do an individual tax return for both incomes combined.

I don't teach to earn money, but because I want to share my knowledge.

I buy instruments and recording equipment with the money I earn and use it to teach the kids.

If I spend more than $1k on the music equipment can I only deduct up to $1k from my taxable income? Or can I deduct more, theoretically up to $81k.

Hobby

atoques — Mon, 21 Oct 2019 02:26:08 GMT

I work as an employee to a University in sports coaching administration all year round. Call it ROLE A.

While working ROLE A, I took-up a short term sports coaching role which was to be remunerated (I have yet to be paid for it). Call it ROLE B.

ROLE B was coaching a sports team in a sport which is a real passion.

Characteristics of ROLE B:

It is a short term 12 weeks.

I had never coached this team before.

There is no ongoing committment.

I was still employed and working 9.00am - 5.00pm at ROLE A while undertaking ROLE B

ROLE B was completed during hours in the evening and weekends.

Total remuneration of ROLE B is less then 18% against my normal annual salary from ROLE A.

Can I class this as a hobby?

Statement by Supplier

kerry1 — Thu, 17 Oct 2019 04:55:08 GMT

Hi,

Re Statement by supplier for Indigenous Cultural Activities

Is there a limit per week/month/year that they can use a Statement of Supplier?

Do they need to supply a Statement for each time?

Do they need to provide an invoice?

How regularly can they use this Statement of Supplier? Can they use this on a regular basis?

Under what circumstances should this persona/persons be classed as an employee?

Thank you

Cash in hand employees

Sunbowler — Thu, 17 Oct 2019 00:49:56 GMT

Am involved with a small sports club that has a bar manager paid as a normal employee, ie tax, super, workcover. When they can't work a shift we use a suitably qualified club member(s) and pay them cash. Rarely more that $200 a month mostly under a $100. Pay rate is $21 ph at moment. We include them in the work cover levy, but don't take tax out or issue a payment advice as we don't colect their TFN. What do we have to do to comply with new cash in hand rules?

tax rate when having a normal job and income from agencies

hectorwong18 — Wed, 16 Oct 2019 12:39:50 GMT

hi, I am having a part time job with weekly gross income around $400. I also contracted with a agency who give me 2/3 shift a week paying me $30/hr. how can I calculate the tax rate under this condition.
thanks

Tax on my second job

Lachlan1 — Tue, 15 Oct 2019 05:24:15 GMT

Hi there,

So i worked a supermarket casual job. i have recently gotten a second job on a contract in an office. The office job is my main money maker earning approximately 50k a year and my supermarket job makes about 28k a year. i also have a HECS debt of around 28k. USUALLY we are told to not claim the tax free threshold on the lower earning job - we get taxed higher on the second smaller paying job. I have done mine the other way around. I am not claiming the tax free threshold at my office job. By doing so, it looks like my yearly tax i pay should be 14k (12k tax and 2k HECS). Then my supermarket job earning 28k should technically only pay 1.6k in taxes for the year. This brings my totaly to approximately 15.6k tax i will be paying for a financial year. However, when you compare this value with someone who has 1 job earning 78k (equal to my 2 jobs combined) they are paying 21.2k tax per year. So even though i am paying the highest rate of tax on my biggest earning job- which i thought might put me ahead in terms of taxes- does this mean I on track to have roughly a 6k TAX DEBT at the end of the financial year?!?!?!

It almost does not seem worth the 55 hour work week to end up with such a huge debt. Should i not claim the tax free threshold on both jobs? That way i pay 14k tax at my office job and then i would pay 6k tax at my supermarket job which is just shy of the total 21k i should be paying for a 78k earning job. I would appreciate someone's help with this because i am stressing out at the thought of doing everything right and yet still ending up with a tax debt.

Hobby beekeeping

Burg1fio — Sun, 13 Oct 2019 10:56:02 GMT

Occasionally my beehives, which I keep purely for a hobby, produce more honey than we can eat. Friends offer to buy the excess off me but I have been reluctant to ask for money as I am not sure what my tax obligations would be (aside from food handling legalities). I don't intend to make money from my hives, but some money in return would be nice to help pay towards their running costs when I do have enough excess honey to offer to people. Is this still a hobby from a tax point of view?

How to receive payment

Effy_N — Fri, 11 Oct 2019 11:46:56 GMT

I’m currently working a second job as an employee of a sold trader. I wondering what is the best way to get my payment. I was being asked to get ABN number to receive my payment.
Any idea how employer will pay me?

Second job tax

Lady-kitty — Thu, 10 Oct 2019 03:06:39 GMT

Hi
Currently, i have a casual job at coles but I'm getting another part time job soon. I want to keep both. If i make my casual job as my second job, how much tax will be taken from my pay? (Please let me know in percentage). Thank you in advance

Basketball Prize and Awards

bryanmarch — Thu, 10 Oct 2019 01:52:41 GMT

Hi, So i've got a question.
If i'm playing basketball on a regular basis, and winning a competition like 3 on 3, or even winning tournaments. will it be included as my assessable income? eventhough i got a part time job?
I must admit that my annual earning from winning competition is higher compared to my part time job, but does it count as hobby, or assessable income?
The intention is of course to make extra cash, but then if i'm taxed on every competition that i entered into,
can i claim my gym membership, all the healthy meals that i bought, supplements, and all health related stuff for myself to ensure that i will be fit to enter a competition?

Thankyou
B

Tax

vlangsfo — Sat, 05 Oct 2019 08:08:16 GMT

How much tax do I pay with a second job.

Do I Need A 2nd ABN?

KO — Thu, 03 Oct 2019 09:44:34 GMT

I work as a freelance editor. I have an ABN and the description of my main business or professional activity indicated on my tax return is 'Writer & Editor'. I currently pay quarterly tax payments, and my accountant prepares my tax return once yearly.

I'm also an astrologer and I'm undergoing meditation teacher training and I hope to see clients offering both modalities in a consultation and in workshops, meditation teaching etc, in which I will be paid for my services. Do I need to obtain a second ABN for this work, and does this mean I will need to complete two tax returns, one for my editing work and another for my astrology and meditation work?

My accountant advised me that I should consider my meditation and astrology work as a hobby, so I don't need to pay tax; however, I do plan to receive an income. For the amount I expect to earn at this stage I would prefer not to have to pay my accountant twice to prepare two small tax returns.

Yet another hobby related question

SereneRebel — Wed, 02 Oct 2019 08:38:09 GMT

Hi everyone

I have started writing software in my spare time for a company based in america that are paying me for my time and i wanted further clarification as to if this is a business activity or not and if i need to obtain an ABN for this activity.

I don't expect that this activity will last more than 3-4 months and not likely to happen again as i have already got a full time job.

Alternatively is this simply a part of my income tax as an individual and should be taxed as such?

Thnkyou for your time

Multiple jobs

Mich2403aeL — Wed, 02 Oct 2019 08:03:05 GMT

Hi. I am 59 and having trouble getting full time employment. I am looking at getting work from multiple jobs 2-3 each paying around $500 a week.
What should I do regarding tax. Declare one as my principal job and pay higher tax in the others or is there another way. Welcome your assistance.

Twitch Streaming Income Tax

ChilliThing — Sat, 28 Sep 2019 09:48:47 GMT

I stream on Twitch.tv for as a hobby, however i have recently become an affiliate and people are allowed to donate me things called bits which then relate to getting money from twitch themselves. Do i have to pay/delcare tax from it?

2 jobs 7 TAX ??

emmac2210 — Wed, 25 Sep 2019 10:39:49 GMT

How do i get taxed on the first job and not my new second job

Background -

i have had my first job for 2 years wasn't making enough got a new job making alot more and only work sometimes at my previous job i overall have 2 jobs but dont want to be taxed on the first one does this depend on how much i earn or cause i have two jobs or cause i reach the threshold now with just the second job ??

winning from gamble

LIANGWANG — Wed, 25 Sep 2019 04:46:04 GMT

Hi,

I play poker regularly last year and umemployed, I won $15,000 by playing, and hit a poker jackpot worth $33,000. Should I lodge the money as a income? I called the ATO and the staff told me to put the money as other income, however which makes me owning the ATO aorund $6,000 debt. Can anyone tell me if I should lodge the income?

Second Job Tax

izzy — Sun, 22 Sep 2019 23:33:22 GMT

Hi, I have just gotten a second job, but I am not sure how to go about with tax. Do I claim the tax free threshold on my highest paying or lowest paying job? I have think I will collectively earn over $18,000 but I just was not sure which one to choose. The second job is 17 hours a week and is part time, and the job I already have is casual, and I could potenially earn more however it would depend week to week (i.e. how many shifts I get per week, which may be around 17 hours as well).

Under taxed

marcus72 — Fri, 20 Sep 2019 04:09:20 GMT

Who is responsible for the short fall in tax if both your employer and income protection insurer claimed the tax free threshold , even though you informed your insurer of your return to work as a part time basis , not your regular full time status. Also in this process you asked if there were any other papers of things needed to be done and were advised by them no they will handle everything and yes these questions were in email form so there is a paper trail to back up allegation.

Which Tax account to BPAY tax into for sporadic job under own ABN?

Artemisynn — Thu, 19 Sep 2019 12:45:57 GMT

Hi there,

I have a perm 0.8 part-time job and recently registered for an ABN to do some casual work for an academic study. The pay is a set amount per session, but the sessions occur sporadically and I will just be submitting an invoice for each session. Earnings from this role are likely in the realm of less than $16,000 / FY. I have calculated the tax I will need to pay per session (taking into account the income from my other work, levies etc), and I want to pay it manually each time I get paid via the BPAY option (that is, rather than setting up a regular PAYG installment).

So, my problem is, when I look at my ATO/mygov account there are two accounts it says I can pay tax into - "Income Tax" (followed by some numbers), and "activity statement" following also by some numbers:

Which account do I Bpay my tax payments into?
And on a side note ... Do I need to do anything with regard to the 'activity statement' given the nature of my side-hustle?

Oh and if there is anything else glaring I have missed and should be thinking about - please let me know!

Many thanks,

~ Artemis

Second job/HECS/salary packaging

meganbo — Thu, 12 Sep 2019 05:55:30 GMT

Hi there,

I’ve recently started a second job and trying to get my head around tax.

I’ve selected no tax free threshold for the second job and understand that this will get taxed at a higher rate. However when the income from my first and second job are combined it seems I won’t be paying enough tax and will owe the ATO. For example if I earn $56,000 at my first job that will be taxed $9,627 and earn $20,000 at my second job taxed without threshold $3,800. Together that would be $13,427 tax. However, incomes combined would be $76,000 per year ($16,687 tax) which is $3,260 more tax. Does that mean I would end up owing the ATO come tax time?

The same applies with my HECS debt. I’ll be paying it weekly with the first job but it’s not coming out of the second as it’s below the threshold but when both incomes are combined I’ll owe more HECS repayments.

Is there any way around this situation so I don’t end up having a huge amount to pay come tax time?

Additionally, I get $9000 of my pay from my first job tax free with salary packaging. Does this effect my HECS repayments?

Any help would be greatly appreciated,

Thanks Meg

Tax free threshold

sye70 — Wed, 11 Sep 2019 10:25:29 GMT

If I have a second job as an Uber driver what will be the tax percentage for that job if I clam the Tax Free Threshold on my first job?

Art sales

LeahUmbagai15 — Wed, 11 Sep 2019 09:42:02 GMT

I am on apps and have had a contract work. I also have a hobby at art but sell the Art. Will I get taxed for art

About Second Job

Chyx — Mon, 09 Sep 2019 12:11:14 GMT

Is it student visa can allowed two work at the same time with TFN or with tax declaration?

Claiming a tax free threshold from two jobs in one calendar year

Rengelbrecht — Mon, 09 Sep 2019 09:37:07 GMT

If I have two jobs within one year, but not at the same time, can I claim the tax free threshold on both of these jobs? I am leaving one company to work for another and want to claim the tax free threshold on my new job as well as my old job.

Tax free threshold- two employers at different times during the financial year

Katherine — Mon, 09 Sep 2019 07:38:48 GMT

If I have jobs with two different employers during the financial year, and only worked for one employer at one time during the course of the year (so there was no overlap in the positions held/time worked), what does that mean for ticking the tax free threshold?

If I work with employer 1 from August to December, employer 2 January to February, and employer 1 again from March to June, I am never working for more than one employer at one time.

When I am filling out my TFN forms, do I always tick yes for question 8 re the tax free threshold, because I'm only ever holding one job at a time?

Do I need an abn for my small business Hoby

Jaidaeileen13 — Wed, 04 Sep 2019 22:05:40 GMT

Hi, I was just wondering if I need an abn for my small honey business which is a clothing brand. I just sell through Facebook myself as a hobby. I have created all my own logos on free websites ect. But was just wondering if I need an abn ect for this???

Own hobby online shop.

Jaidaeileen13 — Wed, 04 Sep 2019 10:46:42 GMT

Hi, just wondering if I need to register or pay tax or anything like that if I sell my own shirt brand on Facebook n Instagram??? I’m not to sure and I really would like to know if I need to.
I don’t sell loads of shirts as of yet, but more incase I started too... it’s just a page I started on Facebook and I made my own logo ect. On a free site online and did it all myself, so yeah I would like to know if I need to be paying tax or having my own abn or if not?!

Second job or hobby topics

Second job

Do I need an ABN ??

Tax for tutoring

Tax Implications Regarding Youtube Revenue

HECS debt from many years ago?

Second Job tax

Is tax higher on second income?

**bleep** work: Paying taxes as a financial dominatrix

Don’t know where to start with my small business

How much tax percentage that I need to pay for my second job ?

ABN to get a website for a hobby

Uber Eats Tax

receiving financial voluntary donations for hobby

Tax on 2nd job

Tax Free Threshold

Tax from second overseas job

Secondary Tax

Change from no threshold to yes threshold

do I need to report income earned through private tutoring?

Working second job on a public holiday

Working two jobs and claiming tax free threshold from lower paying job?

Threshold income

Second job

Tax refund on second job

Tax on second job

Travel between one job to a second job

Travel expenses between first and second job

Second job- withholding declaration amount

Getting Taxed on a second job under the same ABN

Tax amount on second job if it’s under ABN?

working 2 jobs

2nd Job

2nd job

Starting a new job

Tax On Two Jobs

(2nd Job Tax)

Tax threshold for 2 jobs

2nd Job Rules

Two jobs, one payer

Tax withheld on multiple jobs

Working 2 jobs claiming for 1

How much tax do I pay when I work 2 jobs; one as a casual and one as sole trader?

which income item should I choose that I have a part-time cleaning job under ABN

Does it matter how many jobs i have regarding my tax?

From two to one employers

Tax

Employer not withholding the correct amount of tax

No tax claimed

Long Service Leave Payout on resignation

Car allowance

Long service leave

Selling on ebay as a hobby initially then has grown into selling like a business

Mystery Shopper

Mobile Phone Selling

I want to change my threshold tax fee

Which tax calculation option should I choose?

Traineeship and second job

2 jobs

ABN for a one time job?

ATO showing 2 jobs but I have one only!

Withholding declaration upwards

Uber eat deliver income declaration and tax payment

Travel Deduction

Online Adult Work

Two casual jobs.

Is BAS required

Trad operate from home with no business

Tax - two casual jobs

2nd job tax

Eligible for ABN?

Small business tax benefits / instant asset writeoffs

how to claim income from tutoring part time.

Maximum deductions if you have two jobs?

Hobby

Statement by Supplier

Cash in hand employees

tax rate when having a normal job and income from agencies

Tax on my second job

Hobby beekeeping

bleep work: Paying taxes as a financial dominatrix