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buggs2023(Newbie)Newbie
16 June 2023

Hi I started an onlyfans this year and have been earning income through this on the side as well as having a full time job. I am wondering how I pay tax on this earned income, i don’t want to be fined by end of financial year. Or do I pay tax once I lodge my income statement? I am very confused and don’t want to do the wrong thing.

there is also something called an activity statement 006 on my account, what do I do with this?

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2 replies
716 views
2 replies

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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
16 June 2023

Business income is shown on the business section of the tax return.


Activity statements need to be paid, but if you have registered for GST, then GST details need to be completed.


Best to go to a tax agent.


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
16 June 2023

Business income is shown on the business section of the tax return.


Activity statements need to be paid, but if you have registered for GST, then GST details need to be completed.


Best to go to a tax agent.


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