Hi, I am currently a university student, with a casual job, who's looking to work online. I am wondering how I am supposed to declare the income as the website I'm working from is not necessarily an employer. It falls moreso under freelance work. I work on projects as I please and I get paid accordingly into my account.
When reporting my income both to the ATO and Centrelink how do I do that?
What is the procedure and requirements for this?
In terms of taxes, how can I pay them? Since I already have a casual job, how does this affect the payments? Is it possible for me to have a pay as you go system set up, or do I owe taxes when I lodge my tax returns every year?
Clarification would be greatly appreciated. Thanks.