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Australian Tax + Google Adsense Question

Discussion in 'Business & Tax Advice' started by Malofie, Sep 7, 2011.

  1. Malofie

    Malofie Junior Member

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    Any Aussies here?

    Just wondering how you declared adsense earnings from Google when they don't give you their Tax File Number?

    Any advice would be appreciated.
     
  2. partymarty4870

    partymarty4870 Elite Member

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    I come from a land downunder
    hey mate - Im an aussie.

    I've never had huge earnings from Adsense, just chump change, but I've never declared any of it.

    There is a cap on internet earnings (and other small business) before it becomes taxable. I think it's referred to as "hobby income" or something similar.

    I earn my money from a travel site - and the bookings from that are all above board. All IM related income goes straight to my Xmas/Holiday fund - maybe 5K a year. But none of it's reported.
     
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  3. Malofie

    Malofie Junior Member

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    Oh sh*t, I didn't know you could do that. Cheers mate, appreciate your help.

    Thanks and Rep given.