What do I do if I run a private business?

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 · Accepted Answer

JayneATO · Answer

Hey , You'll need to declare the income you receive for your clarinet tutoring in the financial year you receive it.   All income you receive is added together and goes towards your annual income for the financial year. It's not calculated separately for each position.   Check out the info we have on employment income (https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/income-you-must-declare/employment-income).

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