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Loraah(Initiate)Initiate
12 July 2024

Hi, I started earning money from streaming last year and now coming up to tax time a lot of people urge me to create an ABN for it.


Is that what I should do?


and if so, what category would I put this under when creating the ABN?

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447 views
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SandraATO(Community Support)Community Support
16 July 2024

Hi @Loraah


From the info you provided it looks like you would need to apply for an ABN as you are earning money from streaming. If your turnover is greater than $75,000, you'll also need to register for GST.


Go to the ABR website to apply for the ABN. You can use the Business industry code search to find the correct category.


Good luck with your business!

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Most helpful reply

SandraATO(Community Support)Community Support
16 July 2024

Hi @Loraah


From the info you provided it looks like you would need to apply for an ABN as you are earning money from streaming. If your turnover is greater than $75,000, you'll also need to register for GST.


Go to the ABR website to apply for the ABN. You can use the Business industry code search to find the correct category.


Good luck with your business!

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