I have a full time job and want to complete some Uber Eats Delivery Driving as a second job to earn some extra money on weekends.
Could you please confirm the following:
- As I’m not driving people, I don’t have to register for GST if I’m earning under $75,000 for that job? Or is it $75,000 for the combined incomes?
- When registering for an ABN, I know I have to select ‘Sole Trader’ but what do I select in the drop down box named - What is the nature of your activity?
- I used the tax withheld for individuals calculator on the ATO website and I entered that I would be making a guess of $2000 monthly and I selected that I’m not claiming the tax free threshold, it came back with an amount of $381 that I would pay for tax for that month. Does my full time job earnings affect these amounts?
- Am I able to pay my tax quarterly via PAYG instalments?
I just want to make sure that I’m not missing anything when paying tax.
Thank you.