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Aussies - how do you go about reporting your affiliate earnings for taxation purposes?

by Stay At Home Mum
2 replies
Hi

Im making a few dollars now with affiliate marketing in Adelaide and would like to know how other Aussies are reporting their earnings for tax. Do you guys pay tax as you go along or what exactly do you do?

Thanks in advance for your answers!
#affiliate #aussies #earning #earnings #purposes #reporting #taxation
  • Profile picture of the author Hamish Jones
    Originally Posted by Stay At Home Mum View Post

    Hi

    Im making a few dollars now with affiliate marketing in Adelaide and would like to know how other Aussies are reporting their earnings for tax. Do you guys pay tax as you go along or what exactly do you do?

    Thanks in advance for your answers!
    Do you have an ABN?

    You might want to consider this guide as a starter point

    Tax basics for small business

    Obviously, you will also need to seek professional advice from the ATO or an accountant.
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  • Profile picture of the author Quentin
    Go find a good accountant as any advise we give could change tomorrow or be wrong which would then incur the wrath of Kevin.

    Q
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