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Socrates_100(I'm new)I'm new
26 Feb 2024

Hello everybody, i am a non Australian currently in student visa. I have a facebook page and youtube channel back in my home country, which is on the verge of getting monetised. So now i wonder, can the income from facebook and youtube deposited in my personal account here in Australia? Or i have to open a separate business account? My next question is, should i get ABN even if the income is not more than 2000 USD a month? Or how much income is required to get ABN? How am i going to pay the tax for the income i make through facebook page and youtube channel?

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1 replies
798 views
1 replies

Most helpful response

Most helpful reply

JayneATO(Community Support)Community Support
29 Feb 2024

Hi @Socrates_100


There are a few factors to take into consideration when you earn income from social media.


You may benefit from having a read through our tax tips page for social media influencers.


An ABN is not compulsory to run a business, unless you meet the GST requirements to register, you would then need an ABN to register for GST.


Any income you earn from your social media, can be deposited into your personal account.

There are no requirements to have a business account.




All replies

Most helpful reply

JayneATO(Community Support)Community Support
29 Feb 2024

Hi @Socrates_100


There are a few factors to take into consideration when you earn income from social media.


You may benefit from having a read through our tax tips page for social media influencers.


An ABN is not compulsory to run a business, unless you meet the GST requirements to register, you would then need an ABN to register for GST.


Any income you earn from your social media, can be deposited into your personal account.

There are no requirements to have a business account.




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If i make income from social media, can the income deposited in my personal account? | ATO Community